(Photo by Jeff Curry/Getty Images)The U.S. economy added 313,000 jobs in February, according to Friday’s employment report from the Bureau of Labor Statistics, smashing analysts' expectations. But the strong growth, spurred by hiring in retail after layoffs last year and gains in manufacturing and construction, did not boost wages. February produced the most jobs in a month since July 2016, when the economy grew by 325,000 positions, government data show. The growth spurt follows a year of layoffs: About 67,000 positions disappeared from stores in 2017 — a plummet from the 203,000 jobs that were added in 2016. Labor Secretary Alec Acosta doubled down on the stance Trump's tax moves unleashed growth in a statement Friday.

Source: Washington Post March 09, 2018 11:03 UTC