Home 2020 “Really Good News” Jobs!

“Really Good News” Jobs!

With a Quarter Million New Jobs Added In February, the US Has Topped What Experts Predicted for All Of 2020 in Only 2 Months

The nearly 550,000 jobs added in January and February alone topped what the Congressional Budget Office predicted for all of Y 2020 .

The 273,000 jobs added in February brought the total number of jobs added since President Trump’s election to 7.3-M.

Unemployment fell to match a 50-yr low at 3.5%.

Manufacturing and construction defied expectations posting “solid” job growth.

Americans are coming off the sidelines and back into the workforce as labor force participation is close to the highest mark since mid-2013.

Have a terrific weekend.

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S. Jack Heffernan Ph.D. Economist at Knightsbridge holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Crypto, Mining, Shipping, Technology and Financial Services.