President Trump hailed the State Department's approval of the controversial Keystone XL pipeline as a big win for American workers. TransCanada (TRP) CEO Russell Girling, standing next to Trump, said Keystone XL will "create thousands of jobs." Keystone pipeline would create about 3,900 construction jobs if it was built in one year, according to a State Department report. So, the Keystone XL isn't expected to be a boom for the job market by any stretch. Trump did not repeat an earlier promise that the steel to make the Keystone XL pipeline would be American.

Source: CNN March 24, 2017 15:34 UTC