U.S. Created 209,000 Jobs in July 2017 vs 183,000 Jobs Expected, Unemployment Drops to 4.3%
MAKING AMERICAN JOBS GREAT AGAIN!!!
The Trump economy continues to move forward as 209,000 jobs were created in July, 2017. That is more than the expected 183,000 and also unemployment dropped to 4.3%, he lowest since March, 2001. The number of employed people jumped by 345,000 to 153,513,000 in July, setting a third straight monthly record. Try and spin these numbers MSM. None of this would be happening had Hillary Clinton been elected. This is what Americans are concerned about, JOBS! Not Russia, jobs!
To Democrats, the LEFT, the MSM and establishment Republicans, try, just try and overturn an election by WE THE PEOPLE and see what happens. I dare you. The United States has a president that is doing things and creating an economic environment for the people and for some sick, selfish reason the individuals previously referenced are trying to present it. Trust me, keep up the BS and their will be a political judgment day.
July non-farm payrolls rise 209,000, unemployment rate ticks down to 4.3% from CNBC.
The U.S. economy added 209,000 jobs in July and the unemployment rate was 4.3 percent, according to a government report Friday.
Economists surveyed by Reuters had expected the report to show growth of 183,000 with the jobless rate ticking down to 4.3 percent, the lowest since March 2001. A more encompassing rate that includes discouraged workers and the underemployed was unchanged at 8.6 percent.
The number of employed Americans also hit a fresh new high at 153.5 million.
The closely watched wage number was unchanged from previous months, with average hourly earnings up 2.5 percent. The average work week also was unchanged at 34.5 hours.
Bars and restaurants provided the biggest boost for the month with 53,000 more positives, while professional and business services contributed 49,000, the Bureau of Labor Statistics said.
In addition to the strong July report, June’s 222,000 gain was revised up to 231,000 though May was cut from 152,000 to 145,000.
Record 153,513,000 Employed in July; 62.9% Labor Force Participation!!!
A few hours later, the Labor Department’s Bureau of Labor Statistics said the economy added 209,000 jobs in July; the number of employed people jumped by 345,000 to 153,513,000 in July, setting a third straight monthly record; the number of Americans counted as not in the labor force, meaning they don’t have a job and are not looking for one, dropped for a third straight month to 94,657,000; and the nation’s unemployment rate also dropped a tenth of a point, to 4.3 percent.
In July, the nation’s civilian noninstitutionalized population, consisting of all people age 16 or older who were not in the military or an institution, reached 255,151,000. Of those, 160,494,000 participated in the labor force by either holding a job or actively seeking one.
The 160,494,000 who participated in the labor force equaled 62.9 percent of the 255,151,000 civilian noninstitutionalized population.
In testimony before Congress in mid-July, Federal Reserve Chair Janet Yellen said the declining labor force participation rate among men of prime working age is a particular concern.
In July, BLS said the participation rate for men 16 and over was 68.9 percent, compared with 73.1 ten years ago and 75.0 percent 20 years ago.
Posted August 4, 2017 by Scared Monkeys Donald Trump, Donald Trump, Donald Trump - Mike Pence 2016, Economy, Jobs, Labor Force, Making America Great Again, Unemployment, You Tube - VIDEO | one comment |
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