The NewCo Daily: Today’s Top Stories
235,000 more jobs in February: That’s the latest number from the Labor Department (Bloomberg). It means President Trump’s first month extends the trend of the long Obama recovery, which over the last five years averaged an addition of 205,000 jobs a month.
Trump is already taking credit for the rosy statistic, even if it almost certainly reflects the policies and choices of his predecessor (The Washington Post). The president has promised to create 25 million jobs in a decade, so this is roughly the pace he’s going to have to maintain through two terms (plus an additional two years of someone else’s term) to meet his goal (Vox).Read More