LOL....
The economy is booming. Even the New York Times, no fan of the president, decided that "splendid" and "excellent" were appropriate adjectives to describe Friday’s jobs report from the Bureau of Labor Statistics.
These showed the nationwide unemployment rate falling to 3.8 percent. If it improves yet further, it will hit lows not seen since the 1960s. The unemployment rate among black peoplefell to 5.9 percent, an all-time low, which makes one wonder how many African-American voters might think twice about voting against the incumbent Republicans in the midterm elections. The Hispanic or Latino unemployment rate ticked up a tenth of a point, but remains below 5 percent. Before President Trump took office, that stat could only be said of one month since the statistics bureau began tracking it in the 1970s.
The good news is not confined to the fact that there is an abundance of jobs. Wages are rising, too. For the first time since the National Federation of Independent Business began surveying about wages in 1986, 35 percent of small business owners increased compensation last month.
The stock market liked what it saw on Friday, and the Dow Jones industrial average responded with a jump of 0.9 percent, while the Nasdaq climbed 1.5 percent, and the S&P 500 index rose 1.1 percent.
While some Democrats still claim the growth is due to the economic genius of former President Barack Obama, much of the credit belongs to Trump and the Republican Congress.
https://www.washingtonexaminer.com/opinion/editorials/boom-jobs-aplenty-as-economy-steams-ahead
The economy is booming. Even the New York Times, no fan of the president, decided that "splendid" and "excellent" were appropriate adjectives to describe Friday’s jobs report from the Bureau of Labor Statistics.
These showed the nationwide unemployment rate falling to 3.8 percent. If it improves yet further, it will hit lows not seen since the 1960s. The unemployment rate among black peoplefell to 5.9 percent, an all-time low, which makes one wonder how many African-American voters might think twice about voting against the incumbent Republicans in the midterm elections. The Hispanic or Latino unemployment rate ticked up a tenth of a point, but remains below 5 percent. Before President Trump took office, that stat could only be said of one month since the statistics bureau began tracking it in the 1970s.
The good news is not confined to the fact that there is an abundance of jobs. Wages are rising, too. For the first time since the National Federation of Independent Business began surveying about wages in 1986, 35 percent of small business owners increased compensation last month.
The stock market liked what it saw on Friday, and the Dow Jones industrial average responded with a jump of 0.9 percent, while the Nasdaq climbed 1.5 percent, and the S&P 500 index rose 1.1 percent.
While some Democrats still claim the growth is due to the economic genius of former President Barack Obama, much of the credit belongs to Trump and the Republican Congress.
https://www.washingtonexaminer.com/opinion/editorials/boom-jobs-aplenty-as-economy-steams-ahead
