The U.S. economy saw an increase of 151,000 jobs in February, on par with projections, according to data released by the Bureau of Labor Statistics (BLS). The number of native-born workers increased by 284,000, while the number of foreign-born workers declined by 84,000—suggesting the jobs market may be realigning in favor of U.S. citizens.
The report indicates a decrease in federal employment by 10,000, a change associated with the ongoing efforts by President Donald J. Trump and Elon Musk to reduce the government workforce.
Despite the decline in federal employment, growth in sectors such as health care, financial activities, transportation, warehousing, and social assistance helped balance the overall job market. The entertainment sector witnessed mixed results, with employers in the movie and music industries contributing an additional 4,700 jobs, raising total employment to 413,500. Conversely, the broadcasting and content provision segments experienced a reduction of approximately 1,000 jobs, bringing the total to 331,500. Employment levels in publishing remained stable, with a minor increase of about 400 positions, reaching 918,800.
Additionally, The National Pulse reported yesterday that jobless claims fell by 21,000 to 221,000 in the week to March 1, down from a three-month high in late February. The jobs data suggests the labor market remains strong and stable despite handwringing from political establishment figures fearmongering that federal worker layoffs could drive unemployment rates significantly higher.
A robust labor market has resulted in the Federal Reserve pausing its rate-cutting cycle.
Native-Born workers increased by 284K to 130.1 million
Foreign-born workers dropped by 84K to 31.7 million pic.twitter.com/EQB042u8NT— zerohedge (@zerohedge) March 7, 2025