Trump shrugs off dismal jobs report as a blip

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Trump shrugs off dismal jobs report as a blip
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Trump called the economy “very, very strong” and touted rising U.S. wages just hours after the Labor Department’s monthly report for February showed an unexpected and dramatic slowdown in hiring

President Donald Trump on Friday called the economy “very, very strong” and touted rising U.S. wages just hours after the Labor Department’s monthly report for February showed an unexpected and dramatic slowdown in hiring.20,000 jobs in February, the smallest monthly gain in nearly a year and a half and far short of the 180,000 economists had predicted.

The president also mentioned the stock market and unemployment rate, which dropped from 4 percent in January to 3.8 percent last month, as signs of a strong economy.The 2020 Election. The New Congress. The Mueller Investigation. Be in the Know.By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time.

Trump said Friday his administration is in the process of dealing with China, though he also forecast the United States will do very well economically “with or without a deal.”

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