July: 130,000 New Jobs — Half a Million Enter Labor Market – Unemployment 50 Year Low 3.7%… Trump Bests Obama by 9 Million Jobs in First 2.5 Yrs as President

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2018 Was Year of the Worker Thanks to President Trump, and 2019 is continuing with arguably the best economy in US history.

Job numbers released today through the end of July show an increase of another 130,000 jobs – much more than expected! And unemployment remains at historical low 3.7%!

The White House continues to report that this economy could arguably be the best all time.

According to data released this morning by the Bureau of Labor Statistics, President Trump has added more than 6 million jobs in President Trump’s term.

The same cannot be said for President Obama as during the same time he lost (2.8) 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 two years with millions of lost jobs.

 
 

Overall President Trump has gained nearly 9 million more jobs than Obama in their respective first two and a half years in office!

According to the Bureau of Labor Statistics, under President Trump more Americans are in the work force than ever before. President Trump is working hard to bring good paying jobs back to the US and his efforts are showing historic results.

Also according to the Bureau of Labor Statistics the US unemployment rate stands at 3.7%.

The mainstream liberal media won’t report this, but when looking at the economy and jobs, the billionaire President Trump is providing a tutorial for any former community organizer that might hope to be President some day.

Still More….

Over half a million Americans entered the labor market in July.

These are outstanding figures!

 

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  • This commment is unpublished.
    TL Spurlen · 2 months ago
    For most U.S. workers, real wages have barely budged in decades

    BY DREW DESILVER
    On the face of it, these should be heady times for American workers. U.S. unemployment is as low as it’s been in nearly two decades (3.9% as of July) and the nation’s private-sector employers have been adding jobs for 101 straight months – 19.5 million since the Great Recession-related cuts finally abated in early 2010, and 1.5 million just since the beginning of the year.

    But despite the strong labor market, wage growth has lagged economists’ expectations. In fact, despite some ups and downs over the past several decades, today’s real average wage (that is, the wage after accounting for inflation) has about the same purchasing power it did 40 years ago. And what wage gains there have been have mostly flowed to the highest-paid tier of workers.
  • This commment is unpublished.
    Guy Aul · 2 months ago
    It's pretty sad that so many still believe the dribble that emanates from the lying gooferment. In any case, as mentioned below is the real data and unemployment is really 21.2%:

    Shadow Government Statistics (go to Alternate Data)
    http://www.shadowstats.com/

    Employment Situation Summary Table A. Household data, seasonally adjusted
    https://www.bls.gov/news.release/empsit.a.htm

    Spend the time to analyse this. It's really a sad state of affairs when President Trump goes along with this BS. This is transparency? Yeah, right. Today or tomorrow he will be TRUMPeting this fake news.
  • This commment is unpublished.
    Grim · 2 months ago
    Despite the ***real unemployment rate of 21.2%*** there are jobs, but many of them are low paying, not full-time and have no benefits. It's kinda hard to feel good about the economy, if you're one of the millions barely surviving between paychecks and in some cases, working more than one job. Oh, and let's not forget the rate of inflation, which doesn't resemble the cooked numbers they put out in public, with the actual number being between 4 and 8 points higher than claimed and going up. So, the pay you do earn is going to go less far every month.
    The problem is, all the numbers on the economy we see from ***both sides*** are lies. The Democrats are fudging the numbers to the downside, trying to kill Trumps re-election and collapse the economy. Meanwhile, Trump's side is spewing pixie dust and unicorn farts, while hoping their propaganda will artificially increase consumer confidence and save the economy. The truth actually lays somewhere in between, but we won't ever be told the actual numbers, because they won't serve the political purposes of either side. So, it's left up to each individual person to do their own research, gather their own info from alternative sources and discover the truth for themselves.
  • This commment is unpublished.
    Margaret Schmidt · 2 months ago
    That's because they only report the U3 numbers and not the U6 numbers (which include those who have quit looking). Also, like Copper and TL mentioned, most of the added jobs are low wage and part time.
  • This commment is unpublished.
    Copperhead · 2 months ago
    Fudged numbers - unless you want to carry four part time jobs with no benefits.
  • This commment is unpublished.
    TL Spurlen · 2 months ago
    Maybe, but most in the Houston area are $20 an hour job if even that much with no benefits.
    https://www.dailyjobcuts.com/