...the economy stupid--and according to this unemployment is down:
"WASHINGTON - The nation’s unemployment rate dipped to 4.5 percent in February even as big losses of construction and factory jobs restrained overall payroll growth. Wages grew briskly."
But...
"Employers, meanwhile, added 97,000 new jobs to their payrolls in February, the fewest in two years, as bad winter weather forced construction companies to slash 62,000 jobs, the most since 1991. Factories, feeling the strain of the troubled housing and auto industries, also continued to cut jobs. They eliminated 14,000 positions last month."
The big picture? If you work in construction, auto, or housing, and you're not Donald Trump, you're not happy. But if you're one of the other 25,000 + you're feeling fine. Either way the news doesn't really help assuage investors' (or consumers' for that matter) fears.
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