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The Independent UK
The Independent UK
National
Paul Wiseman

U.S. economy likely generated a solid 160,000 jobs last month, but Trump's trade wars cloud outlook

Economy-Jobs-Report - (Copyright 2024 The Associated Press. All rights reserved)

The U.S. labor market likely kept on churning out jobs last month, economists say, but the outlook is cloudy and getting cloudier as the Trump administration wages trade wars, purges federal employees and seeks to deport millions of immigrants.

When the Labor Department releases February jobs numbers Friday, they’re expected to show that employers added 160,000 jobs. That's far from spectacular but it's solid, and it's up from 143,000 in January. The unemployment rate is forecast to stay at a low 4%, according to economists surveyed by the data firm FactSet.

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