Why the just-released February jobs numbers are disappointing—and why that matters:
with the BLS Employment Situation report. Indeed, they were well off this time around.
In light of those forecasts, the data were a little disappointing. Even taking the average of the January and February numbers , we are still trailing behind the typical monthly job growth of 2018 . One must bear in mind, of course, that we are only looking at a snapshot and that there could theoretically be as big a rebound in March as the disappointment today. Still, this could have been better news.report was unexpectedly positive, especially in light of the government shutdown.
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