Breitbart Business Digest: February’s Jobs Numbers Are an Economic Rorschach Test

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Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.

. What you see in the ink blots released by the Department of Labor largely depends on what you were already inclined to see.

from the household survey. Average hourly earnings rose by a slight 0.1 percent, below expectations for 0.3 percent growth, and the previous month’s gain was revised down a tick to 0.5 percent from 0.6 percent, also a signals of softening.to 34.3 in February, and the January number was revised up by a tenth of an hour to 34.2.

In terms of what this means for the Federal Reserve, the safest interpretation of the February jobs report is probably to regard it as what’s known asLaken Riley's Mom Blasts 'Pathetic' Biden for Not Knowing Daughter's NameTrump Torches Biden: 'Angry as Hell, This Guy Is a PSYCHO'Exclusive — Feds Build a Wall for Joe Biden's SOTU Address: 'Walls Work'

 

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