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Just in to cnn, the u.s. added 678,000 new jobs in february. that does beat expectations for the second month in a row. cnn s chief business correspondent christine romans joining me now. so, you know, bottom line, we look at the numbers every month, what are the latest numbers saying about the economy. they re strong. it shows a job market that is strong here, for some context, erica in 2019, in the year 2019, before this pandemic, the average monthly job gain was 164,000. so think about that. that was the average monthly job gain. we saw 678,000 jobs added and unemployment rate that fell to 3.8%. the trend for jobs added has been strong, it really has, revisions again, hard to sort of pin these numbers down, but we have been getting these ....
That s less than half of what economists were anticipating. as you can see, there was a surge in hiring. but that s clearly faded big time. this was actually the worst job gain of the entire year. so that means the u.s. economy is still down 5 million jobs during the pandemic. that s disappointing. three quarters of the jobs lost have been covered, but the last quarter has been the hardest to bring back. at the current pace, it would take two years to get back all the jobs lost. now we have to look at the sector breakdown to see where the weakness was. the big concern is schools. you look at local government education. they dropped by 144,000 jobs. that s a big deal because schools add back a llt of teachers and staff that had been taken off the payroll during the summer. the fact that that didn t happen as much as expected suggests that maybe they had some trouble hiring, finding workers to hire. ....
There s no question the delta variant is why today s job report isn t stronger. i know people were looking, and i was, hoping for a higher number. everyone was hoping for a higher number. joining us now the labor secretary marty walsh, the former mayor of boston. thank you very much for coming into the situation room. it s exciting to be in here. jobs numbers very disappointing. why do you think it happened? because everybody was expecting 700,000, 750,000. i think a lot of economists were saying the number was going to be high. we overperformed. i think when you look at the numbers today you can t look at the recovery in one month. you have to look at it over a period of time. the president just said about the delta variant in the last three months the largest area of job gain we had in the united states was in hospitality, leisure, and restaurants. and this month we had zero gain there. so, you can see a direct correlation between the delta variant and what s going on. th ....
When they re expanding plants, hiring more, obviously they re doing something. they re not all pocketing it. you know what the average job gain has been under trump? 205 in this year. you know what it was in obama s last year? 200. so there s no pickup here. neil: you re a very good read of numbers and economic history and a very good experthen it comes to the longevity of economic recovery. this is already long in the tubes when the president assumed office. he made it longer still. so you re not i understand where you re coming from. you re not a big fan of this president. a lot of people are not a fan of the last president. i m here to tell you, give credit to both presidents. what is amazing in your argument here, every economic statistic that i mentioned that it s pick up steam under this president you will not give a credit to him for that, you i don t give ....
Line, dumb. dom, the numbers are good. what s driving the positive jobs numbers and why are we still seeing wages pretty sluggish? the wage number is going to be a little bit tough to kind of explain away right now. but there are a lot of reasons why the jobs numbers are somewhat okay, and over the course of the past three months, the average job gain has been about 179, 180,000 jobs. it s below the 200,000 mark. a lot of bulls will hold their hat on that. the reason why you re seeing some of the gains and what s driving them are shares or rather jobs in retail, also in health care and construction. so those things, perhaps, bode well in that people are out there spending money, consumers are out there shopping. people are out there building buildings and building homes. all of those things could be ....