By Paul Hirsch, APA Senior EditorFebruary 17, 2019 8:00amAmerica’s economy has added a net 228,000 jobs in February and is poised to add another 180,000 in March, according to the Bureau of Labor Statistics.
That’s good news for the unemployment rate and inflation expectations.
But the job gains are far less impressive than those of other advanced economies, including Britain, which added a total of 1.1 million jobs last month.
The U.S. added 1.7 million jobs in January and February, a slight improvement, but the gains were barely more than the 0.9 million jobs gained in January.
The biggest gains were for private-sector workers.
The unemployment rate dropped to 6.7 percent, its lowest since March 2019, and inflation edged up to 1.9 percent from 1.8 percent.
Those numbers have remained fairly stable for most of the past year, despite the economy’s recent troubles.
A look at why the unemployment number is a myth and why the labor market is so strong.
A job is a good thing for anyone.
It means a paycheck, and more money means better health, security and a happier life.
But many Americans still think the economy will get better once the unemployment numbers start to climb.
We all want to believe that, but many Americans don’t.
The U.s. unemployment rate is actually quite low.
The rate peaked in January 2019 at 7.8%.
But it dropped to 5.7% in February.
That was more than in any other month since December 2016, when the unemployment total was 5.9%.
It has dropped by about 2.5 percentage points since then.
That compares with a 1.5-point drop for the U.K. and a 0.5 point drop for Germany.
We’re still in the midst of the worst job market since the Great Depression, and many Americans believe the jobs they’re seeing aren’t really jobs.
For many people, jobs don’t mean a paycheck.
A job is something they do to get by, and they are willing to work hard for it.
The unemployment rate also isn’t the only indicator of how well the U,S.
economy is doing.
It’s also the best measure of the nation’s unemployment rate, which is the unemployment that would have been seen if people had kept looking for jobs.
This measure is a little different because it considers people who have given up looking for work, rather than those who are actively looking for a job.
The Bureau of Labour Statistics also keeps a tally of people who aren’t looking for new jobs.
That measure includes people who are unemployed and people who want to work but can’t find a job, but aren’t actively looking.
These people are included in the unemployment-rate figure.
It’s not just the unemployment and the unemployment figures that are pretty dismal.
Other indicators are not great either.
For instance, inflation is still low, at just 1.3 percent.
But the government is running an estimated $1 trillion in deficit, with the Federal Reserve holding interest rates near zero.
The economy is also still in a very weak recovery.
The labor market and inflation are not perfect indicators.
The government’s jobless estimates and other indicators are all wrong.
But there’s little doubt that the labor markets are growing and that the economy is growing.
The economy isn’t just the story of the unemployment figure.
It also shows us a lot about the American people.
How the economy grew in FebruaryThe U-shaped curve in the chart below shows how the economy expanded in February, the first full month since the economic recession began.
It was a solid month for the economy, which grew by just over 200,000 new jobs, or about 2 percent.
It beat expectations, which were for an increase of more than 600,000.
The jobless rate has dropped.
The number of people without a job dropped to 7.7%, its lowest level since December 2019.
The overall jobless number was down by about 3.2 percentage points to 7 million.
The overall unemployment rate has fallen to 6 percent.
That is the lowest since September 2018.
But that doesn’t mean the economy isn, or isn’t, growing.
It is growing, but not as quickly as economists had hoped.
The increase in payrolls was largely due to people working longer hours.
The average workweek increased by three weeks last month, compared with a 2.7-week increase in January, according a Bloomberg survey of economists.
But even after the increase in hours worked, the unemployment gap remained, which means that people are either working fewer hours or are not working at all.
The median weekly earnings for workers without a high school diploma, who are likely to be the main breadwinners of families, rose by 1.4 percent last month compared with an increase in wages of 0.3 percentage points.
The average weekly earnings of workers with a bachelor’s degree or higher also increased by 1 percent, to $62,900.