Did you know?

The Patriot Post is funded 100% by its readers, avoiding the influence advertisers and special interest groups impose on other publications. Help us stay front and center in the fight for Liberty and support the 2020 Year-End Campaign.

Thomas Gallatin / Mar. 8, 2019

The Unemployment Rate Can Only Go So Low

Only 20,000 jobs added in February, but unemployment is down and wages are up.

The jobs numbers for February came in at a startlingly low number of only 20,000 jobs added, well below the 180,000 jobs many economists had expected. However, the headline employment rate dropped further than anticipated, down to 3.8%, while real unemployment (the U-6 rate) plunged from 8.1% to 7.3%. The really good news is wage numbers. CNBC reports, “Average hourly earnings increased by 3.4 percent on year over year, easily the best of the economic recovery that began nearly 10 years ago. That compares with a 1.5 percent increase in the consumer price index for all urban consumers from January 2018 to January 2019. Economists had been expecting a wage increase of 3.2 percent.” It’s the seventh straight month of wages gains of 3% or higher.

So, what does this all mean? For one thing, it appears that as more and more Americans find gainful employment, the overall number of new jobs being filled will naturally decrease. Second, a lower unemployment rate means that employers will be competing for employees, which in turn drives up wages.

The low jobs-created number is somewhat concerning as it may indicate a slight slowing of economic growth, which Democrats are hoping turns into a recession they will then blame on President Donald Trump. As Mark Alexander wrote in December, “Caught in the Democrats’ political crossfire are tens of millions of American workers and their families whose jobs and income prospects will fall victim to the Demos’ politically induced recession — the direct result of having thrown economic confidence under the bus in order to attack Trump.”

Finally, this is only one month’s numbers, and a seeming anomaly at that. It will be more informative to see where everything stands at the end of the first quarter. But one more thing: The labor force participation rate remained at a five-year high of 63.2%. A lot of Americans are working.


Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


“Our cause is noble; it is the cause of mankind!” —George Washington

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2020 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.