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About 235,000 jobs added in United States

Donald Trump, Barack Obama, Jobs, US, America, White House, World newsPhoto of young US people.

Washington: According to official data, The United States (US) added a robust 235,000 jobs in February, while the unemployment rate fell to 4.7 per cent.

 

 

A local magazine reported that the data released on Friday exceeded expectations and continued the 77-month-long expansion of the labour market that started under former President Barack Obama. Job gains have averaged 209,000 over the past three months.

White House press secretary Sean Spicer said: “Not a bad way to start day 50 of this administration.”

The strong numbers are all but certain to ensure the Federal Reserve raises rates during its meeting next week.

 

 

The President of United States Donald Trump is committed to bring jobs back to the US behind tax reform that his administration said will in turn accelerate the nation’s economic growth.

The Labour Department reported on Friday that growth was slightly slower than January, which was revised up to 238,000 jobs but employment gains 9,000 more than previously reported.

In January, retailers posted about 26,000 job losses after a gain of 40,000.