ANALYSIS: How to interpret Trump's first jobs report

The Bureau of Labor released its February jobs report Friday.

"Don't believe those phony numbers when you hear 4.9 and 5 percent unemployment. The number's probably 28, 29, as high as 35. In fact, I even heard recently 42 percent," he said.

What did today’s report tell us?

After a lull in late 2016, hiring is picking up again, and so are wages.

The U.S. economy added 235,000 jobs in February, stronger than the 190,000 economists had expected, and on pace with hiring in January, which amounted to 238,000 new jobs. The average monthly jobs increase between December and February was 209,000, compared with 179,000 in the prior three months. Hourly wages also increased for the month, up an average of 6 cents to $26.09, following a 5-cent increase in January according to the Bureau of Labor.

Where are the jobs?

The government added 8,000 jobs in February, despite a federal government hiring freeze (which exempts employees related to public safety) put in place in late January by the White House.

What’s the impact on consumers?

Top Stories

Top Stories

Top Stories

Top Stories

ABC News Live

ABC News Live

24/7 coverage of breaking news and live events