WASHINGTON (Gray DC) – President Donald Trump is underscoring the return of jobs in the manufacturing sector. His comments come following the February jobs report.
Job growth was weaker than expected in February, which was also President Trump’s first full month in office.
President Trump is predicting more good news on the labor front in the months ahead.
Non-farm payrolls increased by a seasonally adjusted 151,000 in February and President Trump in the Oval Office pointing to big gains in manufacturing.
“We’ve not only stopped that manufacturing collapse, but we’ve begun to rapidly reverse it and get major gains. We created 10,000 manufacturing jobs in February alone. That hasn’t happened in a long time. And these aren’t government jobs, which actually we cut.”
February’s labor report comes amid efforts by Elon Musk and his Department of Government Efficiency to shrink the size of the federal government. In fact, the labor report shows that government jobs decreased by 10,000 last month. And the overall report was weaker than expected. President Trump is taking credit for what he sees is the good news in for factory workers.
“Under the final two years of Biden, one in every four jobs created in America was a government job. That’s a tremendous percentage. But under the first full month of President Trump, which we haven’t even gotten started yet, an incredible 93% of all job gains were the private sector. ”
Going forward a big unknown for the U.S. economy is the impact that trade tariffs will have on growth and on prices.
Friday, President Trump threatened Canada with tariffs on dairy and lumber products, after promising a 30-day reprieve on Thursday.
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