The United States added fewer jobs than economists expected in February, the first full month under President Donald Trump, according to government data published on Friday.
Employers hired 151,000 workers last month, not reaching expectations of 170,000 added jobs. The unemployment rate increased up to 4.1%, which remains a historically low figure.
Stock market futures seemed to ignore the disappointing report. Each of the three main stock rates increased in the minutes after data release.
The hiring collected from January, but fell slightly below the average number of added jobs every month last year.
Employment increased in a variety of sectors, including medical care, social assistance and finance, according to data.
However, the Federal Government threw 10,000 workers in February, indicating a potential impact of employee cuts initiated by the Trump administration.
Fresh Jobs’s report comes for a turbulent period for US actions and commercial relations after the tariffs issued by the Trump administration earlier this week.
Despite the temporary retreat of some rates on Thursday, the actions fell as the consequences of politics continued in the markets.
On Thursday Dow Jones Industrial Average fell around 425 points, or 1%, while the S& P 500 fell 1.7%. The nasdaq technological heavy sank 2.6%.
The tariffs are among a series of directives related to the economy issued since Trump assumed the position, including expense cuts and the orientation of diversity, equity and inclusion initiatives.
The Trump administration has also finished tens of thousands of federal employees, although these cuts are not expected to appear completely in the February report, partly due to the time of surveys conducted by officials that collect the data.
Meanwhile, the economy is in an episode of resurgual inflation that dates back to the last months of the Biden administration.
Construction workers build Hanford’s viaduct on the 198 highway as part of the California High Speed Railway Traffic Project (CAHSR) in Hanford, California, on February 12, 2025.
Patrick T. Fallon/AFP through Getty Images
Consumer prices increased by 3% in January compared to a year ago, registering a higher percentage point than the 2% Federal Reserve objective.
The prices of the egg, a symbol of the growing costs of closely observed, fired 53% in January compared to a year ago. The avian flu has decimated egg supply, raising the highest prices.
In February, a key consumer confidence meter registered its greatest monthly fall since August 2021, said the Board of the non -partisan conference last month.
The proportion of consumers waiting for a recession within next year increased to a maximum of nine months, according to the data. A growing part of consumers believes that the labor market will make it worse, the stock market will decrease and interest rates will increase, the report added.
Even so, some measures of the consumer’s feeling improved. The evaluation of consumers of current commercial conditions increased, while an increase in the purchase of plans for a house extended a month of recovery.
Mortgage rates have decreased for seven consecutive weeks, Freddiec The data showed. The average rate for a 30 -year fixed mortgage is 6.63%, its lowest level since December.
