On Friday, freshly-released jobs report was released, showing that during the month of February, American business owners and employers created approximately 313,000 new jobs.
🇺🇸Great News America🇺🇸 In February we gained 313,000 jobs, far exceeding expectations. Unemployment still low at 4.1%. The stock market is soaring. There are many new aluminum and steel jobs because of the new tariffs. Thank you, Mr. President! #MAGA!🇺🇸 pic.twitter.com/nxJpDGLiUR
— Diane Boyd (@Boyd_2650) March 10, 2018
The Labor Department, which feared a spike in wages, reported the rise “wasn’t nearly as much as investors feared.”
“I think the fears of wages getting out of control in this point in the cycle … were squashed,” said one source.
The stock market responded to the jobs report by posting positive numbers, with the Nasdaq, S&P 500, and Dow Jones all ending the day on a high note.
— Fox News (@FoxNews) March 10, 2018