The jobs numbers are out and it’s looking good for the Trump economy. 263,000 new private sector jobs were added in March.
Fox Business reports:
U.S. private employers added 263,000 jobs in March, more than the number they hired in February and well above economists’ expectations, a report by a payrolls processor showed on Wednesday.
Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 187,000 jobs, with estimates ranging from 110,000 to 225,000.
Private payroll gains in the month earlier were revised down to 245,000 from the originally reported 298,000.
Economists polled by Reuters are looking for U.S. private payroll employment to have grown by 175,000 jobs in March, down from 227,000 the month before.
Total non-farm employment is expected to have risen by 180,000. The unemployment rate is forecast to stay steady at the 4.7 percent recorded a month earlier.
Consumer confidence is at a 16 year high. Americans are very optimistic about the future.
From The Blaze
For the first time since the so-called Great Recession, a majority of Americans believe the U.S. economy is in good shape, a new poll revealed Monday.
According to a new Pew Research Center survey, 58 percent of Americans said the current economic situation is “very or somewhat good,” while 40 percent said it’s bad. At this time last year, only 44 percent of Americans described the economy as good, while 54 percent said it was in bad shape.