Friday, March 07, 2025

U.S. Added 151,000 Jobs Last Month

The U.S. continued to generate jobs at a steady pace in February, offering reassurances that the labor market has remained relatively stable since President Trump took office. The U.S. added a seasonally adjusted 151,000 jobs in February, the Labor Department reported Friday, slightly below the gain of 170,000 jobs economists polled by The Wall Street Journal expected to see. That was better than the 125,000 jobs added in January. The unemployment rate, which is based on a separate survey from the jobs figures, rose to 4.1% from 4%. Economists believe that the cuts to federal government jobs that have come since Trump took office came too late to be captured in the February figures. But the report did show a loss of 10,000 federal government jobs over the month, unusual both because it is a decline and because it is such a large one.

Comments

For its jobs figure, the Labor Department surveys employers on how many people they had on their payrolls during the pay period that includes the 12th of the month; anybody who worked at all during that period in February was counted as employed. That includes federal workers still in their probationary period after getting hired or promoted that the White House began laying off around Feb. 13. It also includes the roughly 75,000 people who accepted the White House's "deferred resignation" offer, where the White House said they don't have to work but can still get paid through the end of September.

Belt-tightening by government workers who have lost their jobs, or fear losing them, has begun to show up. Card spending by Bank of America customers in the Washington, D.C., metropolitan area has slowed, according to an analysis conducted by the bank's economists.

#1 | Posted by LegallyYourDead at 2025-03-07 10:15 AM

"the White House's "deferred resignation" offer, where the White House said they don't have to work but can still get paid through the end of September."

^
The operating principle of Deplorables is government workers are already getting paid for doing nothing.

So we are just paying them nine months in advance, and getting nothing for it.

#2 | Posted by snoofy at 2025-03-07 10:21 AM

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