The Jobs Report – February 2020

What you need to know…

1. 3-month average job gains are the best since 2016.
2. Uptick in work-week represents significant job creation.
3. All parts of this report show that the U.S. economy was on very firm footing before the outbreak of the coronavirus.
4. We will monitor the weekly jobless claims closely as we approach next month’s employment report looking for any signs that the coronavirus has slowed U.S. hiring or increased layoffs.

Below is a link to the full statistical summary provided by the Bureau of Labor Statistics:*

http://www.bls.gov/news.release/empsit.b.htm

*The information contained herein has been prepared from sources believed to be reliable but is not guaranteed and is not a complete summary or statement of all available data nor is it considered an offer to buy or sell any securities referred to herein. Links included herein are to unaffiliated third party sites. The Firm cannot verify or guarantee the accuracy of any information presented therein. By clicking on these links, the reader understands and acknowledges they are leaving Ziegler Capital Management’s web page.