The US added less work than expected by economists in February, the first full month under President Donald Trump, according to government data released on Friday.
Employers employed 151,000 workers last month, not meeting the expectations of 170,000 work added. The unemployment rate beats up to 4.1%, which remains a historically low number.
The stock market seems to ignore disappointing reports. Each of the three main stock indexes beat early in trading on Friday, restoring some of their losses the day before.
Employing is taken from January but down slightly below the average number of jobs added every month last year.
Work increases in various sectors, including health care, social and financial assistance, data shows.
However, the Federal government dropped 10,000 workers in February, which showed the potential impact of the slaughtering of employees initiated by Trump’s administration.
The new job report arrived during the turbulent period for US shares and trade relations after the tariffs incurred by the Trump administration earlier this week.
Although there were temporary withdrawals of several tariffs on Thursday, shares fell because of the impact of the policy continue to the ROIL Market.
The average Dow Jones industry on Thursday falls around 425 points, or 1%, while s& P 500 dropped 1.7%. Nasdaq heavy technology sank 2.6%.
The standing tariff between many directions related to the economy issued since Trump served, including cutting expenses and targeting diversity, equity, and inclusion initiatives.
Trump’s administration has also ended tens of thousands of federal employees, although such cuts are not expected to appear entirely in the February report, in part because the survey time conducted by officials who collect data.
Meanwhile, the economy is harassing the inflation of resurrection that stretches back to the last months of the Biden administration.
Construction workers built Viaduct Hanford on Highway 198 as part of the California High Speed Rail (CAHSR) transit project in Hanford, California, on February 12, 2025.
Patrick T. Fallon/AFP Via Getty Images
Consumer prices rose 3% in January compared to last year, registered a higher percentage point than the Federal Reserve target of 2%.
The price of eggs, a symbol of the increase in costs watched tightly, jumped 53% in January compared to last year. Bird flu has destroyed the supply of eggs, lifting higher prices.
In February, the main measure of consumer confidence registered its biggest monthly decline since August 2021, the non -partisan conference council said last month.
The consumer section that expects a recession in the next year to surge to the highest nine months, the data shows. The portion of consumers who continues to be sure of the work market will deteriorate, the stock market will go down and interest rates will rise, the report added.
However, some consumer sentiment measures increase. Consumer assessment of business conditions is currently moving higher, while the increase in the purchase plan for home is extended to recover for months.
Hypotek rates have dropped for seven consecutive weeks, Freddiemac Data shows. The average level for a fixed hypotek is 30 years established at 6.63%, the lowest level since December.