Number of Employed Americans Sets 18th Record of Trump Era

CNS News | 3/8/2019 | Staff
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( - The economy added a meager 20,000 jobs in February, well below the 180,000 that analysts were expecting, and the lowest number of the Trump administration.

But the number of employed Americans -- 156,949,000 -- has never been higher. This is the 18th record-breaker of the Trump era.

Unemployment - Rate - Percent - Month - Percent

The unemployment rate dropped to 3.8 percent from last month's 4.0 percent, the Bureau of Labor Statistics reported on Friday.

And the labor force participation rate stayed at last month's 63.2 percent, also a Trump-era high.

February - Nation - Population - People - Age

In February, the nation’s civilian noninstitutionalized population, consisting of all people age 16 or older who were not in the military or an institution, reached 258,392,000. Of those, 163,184,000 participated in the labor force by either holding a job or actively seeking one.

The 163,184,000 who participated in the labor force equaled 63.2 percent of the 258,392,000 civilian noninstitutionalized population.

Worker - Groups - Unemployment - Rates - Adult

Among the major worker groups, the unemployment rates for adult men (3.5 percent), Whites (3.3 percent), and Hispanics (4.3 percent) decreased in February. The jobless rates for adult women (3.4 percent), teenagers (13.4 percent), Blacks (7.0 percent), and Asians (3.1 percent) showed little or no change over the month.

The unemployment rate for Hispanics has never been this low. But the unemployment rate for African-American increased by two-tenths of a point in February.

Wages - February - Earnings - Employees - Nonfarm

Wages are heading up: In February, average hourly earnings for all employees on private nonfarm payrolls rose by 11 cents to $27.66, following a 2-cent gain in January. Over the year, average hourly earnings have increased by 3.4 percent.

The number of Americans not in the labor force, meaning they did not have a job and were not looking for one, totaled 95,208,000 in February. This number has not changed much since Donald Trump took office, partly as a result of retiring baby boomers.

Change - Payroll - Employment

The change in total nonfarm payroll employment for...
(Excerpt) Read more at: CNS News
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