NEW: Trump’s First Jobs Report Shows a “Slowdown” For America’s Economy 

In response to the February jobs report, DNC Chair Ken Martin released the following statement:

“Donald Trump is steering the economy off a cliff. Economists are already sounding the alarm on Trump’s unpopular and expensive agenda, warning he could ‘reignite inflation’ and ship jobs overseas. As unemployment soars and small businesses suffer, this latest jobs report proves that Trump only cares about himself and his billionaire backers — not working families.” 

Donald Trump’s unaffordable and unpopular agenda is already damaging the economy, rolling back progress under the Biden-Harris administration while the unemployment rate “unexpectedly increased” last month. 

Business Insider: “The job market was just a touch cooler in February, as new job creation clocked in at 151,000, below expectations, and unemployment unexpectedly increased to 4.1%.”

CBS: “Employers across the U.S. added 151,000 jobs in February, below economists’ forecasts and pointing to a slowdown in the labor market amid signs of slowing economic growth.”

During Trump’s first full month in office, private businesses added the least number of jobs since July, as small businesses lost employees, pay gains failed to grow, and critical industries suffered declines across the board. 

ADP National Employment Report: “Private employers added 77,000 jobs in February 

Hiring slowed to the smallest level of gains since July, with trade and transportation, health care and education, and information showing job losses. Small business employment also fell.  

“Change by Industry Sector … Natural resources/mining -2,000 … Trade/transportation/utilities -33,000 … Education/health services -28,000 … 

For job-changers, year-over-year pay gains slowed slightly, from 6.8 percent in January to 6.7 percent. Pay gains for job-stayers were flat at 4.7 percent.” 

REMINDER: As economists warn of a “Trump recession,” Americans blame Trump for rising costs and are fed up with his broken promises to get the economy back on track.

The Telegraph: “Investors bet on US downturn as Trump triggers ‘red flags’”

New York Times: “The United States economy is starting to show signs of strain as President Trump’s abrupt moves to shrink federal spending, lay off government workers and impose tariffs on America’s largest trading partners rattle businesses and reverberate across states and cities.”

Reuters/Ipsos: “[A] majority of Americans also believe that the national economy (53%) is off on the wrong track, as is their cost of living (64%).

Elon University: “More than 80% of respondents said they believe tariffs will lead to increased prices, with 45% expecting significant hikes.”

CNN: “A new CNN poll shows 62% of Americans feel Trump hasn’t done enough to tackle inflation. Nearly the same share of Americans view inflation as ‘a very big problem,’ according to a Pew Research poll”