The February jobs report was widely viewed as a disaster.
The economy lost jobs, and the revisions made the labor market even worse.
You can thank the Federal Reserve for this.
Trump adviser Peter Navarro gave the flip side of the report.
.@RealPNavarro: February Jobs Report: Beneath the Headlines, a Strong Labor Market https://t.co/Qv1QYeBvDJ
— Rapid Response 47 (@RapidResponse47) March 6, 2026
Real Clear Politics wrote this
Today’s labor market operates under a different—and healthier—dynamic.
Thanks in part to President Trump’s rapid success in sealing the southern border and restoring immigration enforcement—including large-scale deportations that have dramatically slowed the pace of new labor-force entrants—labor-force growth has cooled sharply. Yet unemployment remains low, wages are rising, productivity is improving, and the private sector continues to expand.
Those are the Trumpnomics fundamentals that matter.
Taken together, the February jobs report does not signal weakness. Instead, it reflects a labor market settling into a more sustainable pattern—one characterized by rising wages, stronger productivity, and steady employment.
That is the foundation of durable economic growth.
