A TALE OF TWO ECONOMIES …
The comparison of the Donald Trump and Barack Obama economies can best be describes like a Tale of Two Cities, “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair.” Guess which one was which? Just look at the color codes numbers below that compare November of 2016 under Obama and November of 2017 under President Donald Trump. Even partisan Democrats can compare these numbers. Ever wonder why the liberal, bias media does not want to tout Trump’s accomplishments and continuously report on a Russian collusion story that does not exist? Because Americans are back to work, including Blacks and Hispanics. Under Obama in Nov. 2016. Black unemployment was at 8.1% and for Hispanics 5.7%. However, under Trump in Nov. 2017, Black unemployment is down to 7.3% and Hispanics at 4.1%. In Nov. 2017, manufacturing unemployment rate fell to a record low under Trump. The manufacturing sector added 31,000 jobs, while its unemployment rate fell to a record-low 2.6%. Under Obama, he claimed the manufacturing jobs were gone for good and many were lost on his watch.
For Barack Obama, he was the Food Stamp president. Donald Trump is the economic recovery president. Add the Stock market president too. The DOW is currently at 24,329.16. Remember when the foolish LEFT said on election night that the Stock market was going to crash because of a Trump election? How did that work out?
NOV 2017 (DONALD TRUMP)
Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, manufacturing, and health care.
Household Survey Data
The unemployment rate held at 4.1 percent in November, and the number of unemployed persons was essentially unchanged at 6.6 million. Over the year, the unemployment rate and the number of unemployed persons were down by 0.5 percentage point and 799,000, respectively. (See table A-1.)
Among the major worker groups, the unemployment rate for teenagers increased to 15.9 percent in November. The jobless rates for adult men (3.7 percent), adult women (3.7 percent), Whites (3.6 percent), Blacks (7.3 percent), Asians (3.0 percent), and Hispanics (4.7 percent) showed little change.
The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged at 1.6 million in November and accounted for 23.8 percent of the unemployed. Over the year, the number of long-term unemployed was down by 275,000. (See table A-12.)
NOV 2016 (Barrack Obama)
The unemployment rate declined to 4.6 percent in November, and total nonfarm payroll employment increased by 178,000, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in professional and business services and in health care.
Household Survey Data
In November, the unemployment rate decreased by 0.3 percentage point to 4.6 percent, and the number of unemployed persons declined by 387,000 to 7.4 million. Both measures had shown little movement, on net, from August 2015 through October 2016.
Among the major worker groups, the unemployment rate for adult men declined to 4.3 percent in November. The rates for adult women (4.2 percent), teenagers (15.2 percent), Whites (4.2 percent), Blacks (8.1 percent), Asians (3.0 percent), and Hispanics (5.7 percent) showed little or no change over the month.
The number of job losers and persons who completed temporary jobs edged down by 194,000 to 3.6 million in November. The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 1.9 million and accounted for 24.8 percent of the unemployed. Over the past 12 months,the number of long-term unemployed was down by 198,000.
ANOTHER GREAT JOBS REPORT …
Making American jobs great again … There were 228,000 payrolls added in November, and the unemployment rate remained at a low 4.1% and Payrolls for September and October were revised higher by a combined 3,000 jobs. According to the Department of Labor,
The unemployment rate held at 4.1 percent in November, and the number of unemployed persons was essentially unchanged at 6.6 million. Over the year, the unemployment rate and the number of unemployed persons were down by 0.5 percentage point and 799,000,
respectively. (See table A-1.)
Among the major worker groups, the unemployment rate for teenagers increased to 15.9 percent in November. The jobless rates for adult men (3.7 percent), adult women (3.7 percent), Whites (3.6 percent), Blacks (7.3 percent), Asians (3.0 percent), and Hispanics (4.7 percent) showed little change. (See tables A-1, A-2, and A-3.)
- Nonfarm payrolls grew by 228,000 in November and the unemployment rate held steady at 4.1 percent. Economists expected 200,000 new jobs and an unchanged headline rate.
- Wage growth again disappointed, with average hourly earnings up just 2.5 percent annualized, compared with estimates of 2.7 percent.
- Investors still expect the Fed to hike interest rates at its meeting next week.
Nonfarm payrolls rose by 228,000 in November while the unemployment rate held steady at 4.1 percent as the U.S. economy continues to hum along, the Labor Department reported Friday.
Economists surveyed by Reuters had expected nonfarm payrolls to grow by 200,000.
“The November employment data is largely as expected. For an expansion that began in mid-2009, no negative surprises are welcome,” said Mark Hamrick, senior economic analyst at Bankrate.com. “The lingering impacts of recent hurricanes and flooding have reverted back to relative calm in the statistics, meaning that this is a ‘cleaner’ number.”
The biggest November job gains came in professional and business services [46,000], manufacturing [31,000] and health care [30,000]. In total, goods-producing occupations rose by 62,000. Construction saw a gain of 24,000, almost all of which were specialty trade contracts, a profession that has added 132,000 jobs over the past year.
Heading into the holiday season, retail jobs also grew by 18,7000.
ADP Services Reports Private payrolls increased by 190,000 in November, 2017 … Manufacturing Had its Best Month of the Year with 40,000 New jobs
DONALD TRUMP IS MAKING JOBS GREAT AGAIN IN AMERICA …
Manufacturing had its best month of the year with 40,000 new jobs!!! Trump is doing what Obama said was impossible. He is bring back manufacturing jobs. Maybe the liberal MSM would like to report this. It is amazing what has gone on in the economy and the stock market since Trump has wo the presidency. Too bad the media and Democrats couldn’t provide credit where credit is due.
Surge in manufacturing jobs causes private payrolls to rise more than expected in November
- Private payrolls increased by 190,000 in November, ahead of analyst expectations of 185,000 but less than the 235,000 in October.
- Manufacturing had its best month of the year with 40,000 new jobs. Service-oriented industries grew by 155,000.
- Moody’s economist Mark Zandi says the jobs market is “red-hot” and there’s a danger it could “overheat” in 2018.
The manufacturing industry posted its best month of job gains all year, leading a better-than-expected rise in private payrolls during November.
Companies added 190,000 in the month as the economy seemed to return to normal following the violent hurricane season, according to the monthly report from ADP and Moody’s Analytics. The total was just above the 185,000 expected from economists surveyed by Reuters and below the 235,000 growth in October.
The manufacturing sector added 40,000 positions alone.
12/5/17 Sean Hannity: FBI – DOJ Fix Was in With Hillary Clinton Email Scandal and Trump Witch Hunt (VIDEO)
FBI AND DOJ TO BE HELD IN CONTEMPT OF CONGRESS FOR STONEWALLING …
The case against President Trump by Special Counsel Robert Mueller has been a bias political witch hunt. If the same was ever done to a Democrat president the liberal, MSM and Dems would be up in arms and rioting in the streets.
Enough is enough. When is the Special Counsel going to be investigated by a Special Counsel?
There needs to be a shake up at the FBI. The Deep State swamp needs to be drained.
WHO HONESTLY DOESN’T THINK JERUSALEM SHOULDN’T BE THE CAPITAL?
From ABC News, President Donald Trump is to declare Jerusalem the capital of Israel. The president is expected to officially announce the policy changes in remarks at the White House at 1pm on Wednesday. Trump once again is fulfilling a campaign promise. One that other presidents made before him and failed to follow thru with.
In a momentous shift of United States foreign policy in the Middle East, President Donald Trump is set to officially recognize Jerusalem as the capital of Israel on Wednesday and initiate the process of relocating the U.S. embassy to the city from Tel Aviv, according to senior administration officials.
The president is expected to officially announce the policy changes in remarks at the White House at 1pm on Wednesday.
A U.S. official and a source close to the White House told ABC News that official recognition of Jerusalem as the capital is expected to be intentionally broad and not meant to preclude the possibility that the Palestinians could claim part of the historic city as a capital of a future Palestinian state. The president does not want to “prejudice” the outcome of any future peace negotiations for a two-state solution, one source familiar with the plan told ABC News.