NYPOST by Jonathon M. Trugman
-- For eight crummy years, Americans have had to endure the perpetually promoted, partisan proclamations of a healthy job market.
In reality, the Obama economy delivered very little in terms of job
security, let alone career stability, but it did deliver a preponderance
of part-time work mostly with zero benefits. That has become known as
the “gig” economy.
Last week’s jobs numbers kicked off Thursday with the ADP National Employment Report, which showed very strong and sustainable job growth
for the month of February. That was confirmed on Friday morning by the
Bureau of Labor Statistics’ report. February was the first full month
under President Trump.
Well the “gig” is up. The private sector, which is what ADP reports
on, added a potent 298,000 jobs in February, an exceptionally strong
number by any measure.
The BLS reported a gain of 235,000 nonfarm payrolls. The best part
about it is that the jobs created look to be just that: jobs not gigs.
It is a welcome sign that Trump’s approach is on course and our
economy is turning from a temporary, Fed-infused one to one that’s
self-sustainable and private sector-led. We are now entering Trump’s
“Jobs-Jobs-Jobs” economy — one with benefits.