Thank You President Trump. Private payrolls soar in January, the best monthly gain in nearly 5 years. Oh I'm sure a few nuts will still claim that this is former President Obama's economy. And yes the one loon in the Seattle area still claims that the economy crashed cause six people were laid off in Seattle. But facts are what we go by and here they are. 291,000 jobs. 150,000 were expected.
Leisure and hospitality led with 96,000 new jobs, but education and health services also contributed 70,000 and professional and business services added 49,000. On the goods-producing side, construction rose by 47,000, the best growth since the 62,000 added in January 2019, and manufacturing was up 10,000, the biggest monthly gain since last February.