We are coming out of the Obama doldrums. Our economy is rapidly growing, and our stock markets are doing really great. Businesses are seeing increased demand and many are either hiring or seriously considering it. And others are coming back. The grocery store that I work for is evolving and growing. Things are really looking good.
And this brand new jobs report shows that President Trump is finally putting our economy back on track!
From Fox Business:
U.S. employers added 228,000 jobs in November, beating expectations for an increase of 200,000 jobs after several months of hurricane-related volatility from which the economy is still recovering.
The unemployment rate remained unchanged at 4.1%, the lowest rate in nearly 17 years, and the labor force participation rate also stayed at 62.7% during the month. Average hourly earnings meanwhile increased from $26.53 to $26.55.
The jobs numbers come on the heels of a report Wednesday from payroll processing firm ADP, which revealed that 190,000 private sector jobs were added in November, down from 235,000 in October. According to the report, manufacturing added 40,000 jobs, the most in the ADP series history, which launched more than 15 years ago. Meanwhile, the construction sector shed 4,000.
Since the 2016 presidential election, more than 1.77 million private sector jobs have been created, and the average hourly wages for the private sector has increased by 62 cents, or 2.4%.
National Economic Council Director Gary Cohn will join the FOX Business Network’s “Varney & Co.” at 10:05 a.m. ET for a full analysis of the latest data and what it means for U.S. workers and the economy.
Remember when Obama said if you have a business, you didn’t build that someone else made that happen, well to Obama is if you have a great economy you didn’t build that someone else made that happen.
Alex D is a conservative journalist, who covers all issues of importance for conservatives. He writes for Supreme Insider, Red State Nation, Defiant America, and Right Journalism. He brings attention and insight from what happens in the White House to the streets of American towns, because it all has an impact on our future, and the country left for our children. Exposing the truth is his ultimate goal, mixed with wit where it’s appropriate, and feels that journalism shouldn’t be censored. Join him & let’s spread the good word!