The naysayers claimed that the jobs report released today would be on the negative side because of the month-long government shutdown. Economists had predicted the low number of 170,000 added jobs.
The experts were so wrong!
The jobs report came out today and it’s a boom for employment in America. January marks the 100th straight month of job growth in America!
The US economy added more than 300,000 jobs in the first month of 2019 according to the BLS:
Total nonfarm payroll employment increased by 304,000 in January, compared with an average monthly gain of 223,000 in 2018. In January, employment grew in several industries, including leisure and hospitality, construction, health care, and transportation and warehousing. There were no discernible impacts of the partial federal government shutdown on the estimates of employment, hours, and earnings from the establishment survey.
The 55,000 federal workers who were jobless during the shutdown will get back pay and then will have to repay any unemployment pay they received. These furloughed workers were not counted as unemployed during the shutdown.
Politico reports:
“Federal government employees who are working, but who will not be paid until funding is available, are included in employment counts,” BLS wrote in a fact sheet on its website. “Furloughed federal employees who were not working during the reference period, but who will be paid once funding is available, are also included in employment counts.“
TRUMP2020!
THANK GOODNESS FOR A PRO-GROWTH PRESIDENT
