“In February, ADP’s report showed the private-sector added 298,000 jobs,” Jamerson reports. “‘The gains are broad based but most notable in the goods producing side of the economy including construction, manufacturing and mining,’ said Mark Zandi, chief economist of Moody’s Analytics.”
“Most of the job gains came from small businesses, defined by ADP as companies with 49 or fewer employees. These firms added 118,000 jobs,” Jamerson reports. “Midsize firms with 50 to 499 employees added 100,000 workers, while large businesses added 45,000.”
Read more in the full article here.
MacDailyNews Take: Economists again caught off guard? Big surprise.
More good news for Apple as more people with discretionary income means more sales of Macs, iPhones, iPads, Apple TVs, AirPods, etc.!
U.S. private sector job creation booms in President Trump’s first full month as employers add 298,000 jobs – March 8, 2017
Samsung plans major U.S. expansion, would shift manufacturing from Mexico – March 8, 2017
Apple supplier Sharp may begin building $7 billion U.S. plant in within months as Japan PM meets President Trump – February 8, 2017
Foxconn-Sharp considering LCD plant in USA, plans in response to President-elect Trump’s ‘Make in America’ call – January 13, 2017
With President Trump soon to take office, Apple looks to boost its ‘Made in America’ credentials – January 10, 2017
Make America Insanely Great Again: Apple seeks to expand Made in USA manufacturing – January 9, 2017
Apple invests $1 billion in SoftBank’s massive tech fund; may help company get in President Trump’s good graces – January 4, 2017
Apple in talks to invest $1 billion in SoftBank tech fund – December 13, 2016
Softbank to invest $50 billion in the U.S., create 50,000 new tech jobs after meeting with President-elect Trump – and Apple supplier Foxconn is in on the deal – December 6, 2016
President-elect Trump invites tech leaders to roundtable in Manhattan next week – December 6, 2016
President-elect Trump tells Apple CEO Tim Cook that he’d like to see Apple make products in the U.S. – November 23, 2016
President-elect Trump says Apple CEO Tim Cook called him after election victory – November 22, 2016
Apple could make iPhones in the U.S.A. under President Trump, sources say – November 17, 2016
Japan’s Softbank just became one of Apple’s most important suppliers – July 18, 2016