President Trump’s Economy is Simply “On Fire”.
Job numbers released today through the end of November show an increase of 2.2 million jobs since last years election and an unemployment rate of 4.1 percent. After the same period under Obama, (4.8) million jobs were lost and unemployment skyrocketed to 9.9 percent!
President Trump’s economic results could arguably be the best all time. The stock market is the highest ever and jobs are being created by the thousands.
According to data released today by the Bureau of Labor Statistics, President Trump added a projected 1.9 million jobs in the first eleven months of the year (January through November 2017) and 2.2 million jobs since last year’s election.
The same cannot be said for President Obama’s first eleven months as he lost 4.8 million jobs. Obama was so bad at creating jobs that by the end of his second term he said that jobs were not coming back. This showed in his first eleven months in office because in every month the US lost jobs.
According to the Bureau of Labor Statistics, under President Trump more Americans are in the work force than ever before. Over 160 million Americans are working for the first time in US history. President Trump is working hard to bring good paying jobs back to the US and his efforts are showing historic results. ADP reported 40,000 new manufacturing jobs in November. This was the highest reported monthly amount of new manufacturing jobs in the history of their report!
Talk about promises kept…the revival of American manufacturing is staggering. In the ADP report 40,000 new manufacturing jobs were created in November the highest number ever for the report (back to 2002).
Talk about #winning
— Charles V Payne (@cvpayne) December 6, 2017
Also according to the Bureau of Labor Statistics the US unemployment rate this year has been below January’s rate every month (January through September 2017.) The unemployment rate in January 2017 was 4.8 percent and by November it was down to 4.1 percent. These are the lowest rates in 17 years.
President Obama on the other hand again moved in the opposite direction. In his first eleven months as President the US unemployment rate increased every month from 7.8 percent in January 2009 to 9.9 percent by November of 2009.