Friday, March 17, 2023

Economists stunned by another 'gangbusters' Biden jobs report

Economists are stunned as another great jobs report shows an incredibly strong economy under President Joe Biden. The February report puts unemployment at 3.6%, a slight tick up from 3.5%, with wages still rising.
“Holy smokes,” exclaimed University of Michigan professor of economics Justin Wolfers, a senior fellow at the Brookings Institution. He says payrolls increased by 311,000, “well above” the consensus of 225,000.
'Smoking hot': Economists stunned by another 'gangbusters' Biden jobs report

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