Money & The Economy

Trump Effect: March payroll numbers blow out analysts expectations

Private companies added 241,000 positions with construction and manufacturing leading the way in March according to the newest ADP/Moody’s analytics report.

The report highlights continued optimism in the economy as experts had only expected the economy to produce an additional 205,000 jobs last month.

The March number is up dramatically year-over-year from just 122,000 in 2017.

“The job market is rip-roaring,” Mark Zandi, Moody’s Analytics’ chief economist, said in a statement. “Monthly job growth remains firmly over 200,000, double the pace of labor force growth. The tight labor market continues to tighten.”

Rich Mitchell

Rich Mitchell is the editor-in-chief of Conservative Daily News and the president of Bald Eagle Media, LLC. His posts may contain opinions that are his own and are not necessarily shared by Bald Eagle Media, CDN, staff or .. much of anyone else. Find him on twitter, facebook and GETTR

Share
Published by
Rich Mitchell

Recent Posts

How to Keep Ants Away Once You’ve Treated the Ant Hill

You've finally done it. After weeks of watching tiny armies march across the patio, tunnel…

1 hour ago

Clay Travis’ Offer Exposed the WNBA’s Inclusion Delusion

Leftist dogma requires adherents to assert that men can become women and should be treated…

1 hour ago

You Won’t Believe The Latest Argument Letitia James Made To Save New York’s Body Armor Ban

Democratic New York Attorney General Letitia James argued in a supplemental brief filed Friday that…

1 hour ago

Mr. President, End the Iran War Now

We are now well into August, and the Iran conflict, launched at the end of…

1 hour ago