00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Trump entered 2026 predicting strong economic growth, but recent data shows job losses,
00:08rising gasoline prices, and increased market volatility, according to AP.
00:13Trump celebrated January job gains of 130,000 and declared a golden age of America on social
00:19media on February 11th. February's employment report later showed job losses of 92,000 and
00:25revisions that turned December payrolls into a loss of 17,000. Data showed the economy would
00:31have shed about 202,000 jobs since January 2025 without healthcare hiring. Gasoline prices jumped
00:3819% in a month to $3.45 per gallon after U.S. and Israeli strikes against Iran began on
00:45February 28th.
00:46The Dow Jones industrial average fell 5% over the past month. Data also showed the U.S. economy
00:52grew 2.2% in 2025 under Trump compared with 2.8% growth in 2024, while inflation measured
00:59by the Personal Consumption Expenditures Index was 2.6% in both years.
01:04For all things money, visit Benzinga.com.
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