U.S. economy added 311,000 jobs in February, exceeding expectations as jobs growth stays hot

[winetourdriver01]

Job creation decelerated in February but was still stronger than expected despite Federal Reserve efforts to slow the economy and bring down inflation.

Read More:

https://www.nbcnews.com/business/business-news/payrolls-rose-311000-february-expected-jobs-growth-stays-hot-rcna74329

[ProudMNDemocrat]

1. Let us see how the Republicans react to that

As their brainless Leader keeps saying that the Economy is a Disaster.

[Calista241]

3. This is not good news, no matter how you look at it.

The Fed is going to continue to raise rates. It's going to take at least 18 months for higher rates to bring inflation down to the 2%-3% goal of the Fed, so higher rates will be here through the election in 2024.

We're very likely going to have a recession in the 2nd half of 2023. That recession could be big, and could last well into 2024, which is bad news for everyone with a (D) next to their name.

I mean, i'm glad people are getting hired and can feed their families and have jobs. But hiring on this scale and with employment this tight, we're teetering the line here.

[Lancero]

5. Pretty easy bet as to how one Republican, Jerome Powell, will react.

[LetMyPeopleVote]

2. This means that we will have some interest rate hikes from the Fed

[Samrob]

4. They hate us for our jobs. nt