Saturday, April 6, 2019

West Wing Reads Hiring Speeds Up as U.S. Economy Adds 196,000 Jobs in March

West Wing Reads

Hiring Speeds Up as U.S. Economy Adds 196,000 Jobs in March


America’s economy beat market expectations once again and created 196,000 new jobs last month, Jeffry Bartash reports for MarketWatch.

“Hiring increased in most major segments of the economy,” Bartash adds. “The flush of new jobs kept the unemployment rate near a 50-year low of 3.8% . . . [and] wages are rising near the fastest pace in a decade.”

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“The number of Americans filing applications for new unemployment benefits fell last week to the lowest level in half a century,” Harriet Torry and Paul Kiernan report for The Wall Street Journal. “Thursday’s report suggests the labor market remains strong, leaving businesses reluctant to let workers go.”
“Proving themselves happy to pander to folks who can’t let go of the Collusion Delusion, The New York Times and Washington Post are both suggesting that Attorney General William Barr spun special counsel Robert Mueller’s report to make President Trump look good. But neither account amounts to more than clickbait,” the New York Post editorial board writes. “Much of the news media, and many top Democrats, already have egg on their faces, thanks to Mueller’s findings. It’s astounding that they’re trying to recover by digging the hole deeper.”
“U.S. small businesses continued their aggressive hunt for new workers and added employees at a near-record pace in March. That’s according to the latest employment report from the National Federation of Independent Business,” James Freeman writes in The Wall Street Journal. “Also encouraging in this latest NFIB survey is that owners report robust hiring plans.”
“There has been a 50 percent jump in illegal immigrant gang members coming into the United States this year, according to the former Border Patrol chief,” Paul Bedard writes in the Washington Examiner. “What’s more, he warned in Senate testimony Thursday, loopholes in federal law will result in some 650,000 illegal immigrants — more than the population of Wyoming — being released into the United States,” where most will fail to appear for immigration hearings.

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