Economists had forecast 200,000 nonfarm payrolls in February, according to a Bloomberg survey. They raised their forecasts Thursday after a report by the payrolls-processing giant ADP showed the private sector added 298,000 jobs in February, many more than expected.
For Cantor, quitting early doesn’t look good. Cantor gave up his majority leader job July 31, a sensible move, as a lame-duck. But then he immediately announced he wouldn’t serve as a rank-and-file member. It confirms the grassroots skepticism about Congress being full of self-dealers.
“A state like this where you see so much growth and so much change…having a limited government apparatus on top of that and a robust private sector has been really good for us,” says Erica Grieder.