July 2018 Unemployment Rate Falls to 3.9% … 37,000 Manufacturing Jobs Created … Record Low Hispanic Unemployment at 4.5%
UNEMPLOYMENT RATE FALLS TO 3.9% …
From CNBC, although the total nonfarm payrolls increased by 157,000 for the month, below the 190,000 expected … the unemployment rate fell to 3.9%. However, there are some gems in this jobs report. Manufacturing increased by 37,000 jobs bringing the 12-month total gain to 327,000. Remember when we were told that we would never see these types of jobs again, unless Trump had a magic wand.
According to the Bureau of Labor Statistics reported Friday, unemployment for Hispanic workers again hit a new record low in July of 4.5%.
Payroll growth turned sluggish in July after two robust months, though the unemployment rate edged lower and the overall jobs picture continued to look solid, according to Labor Department numbers released Friday.
Total nonfarm payrolls increased by 157,000 for the month, below the 190,000 expected in a survey of Reuters economists and the lowest gain since March. The unemployment rate fell one-tenth of a percentage point to 3.9 percent, as expected, and is around its lowest level in nearly 50 years.
In the key wages category, average hourly earnings also met expectations, increasing 2.7 percent over the same period a year ago. The Federal Reserve is closely watching the wages component as it seeks to meet its 2 percent inflation target.
Though the July reading missed estimates, previous months’ report were revised substantially higher. The May reading jumped from 244,000 to 268,000 while June’s number increased from 213,000 originally reported up to 248,000, for a total net upward revision of 59,000 for the two months.
Average gains for the three-month period were a strong 224,000.
37,000 more manufacturing jobs created with Trump’s magic wand
Posted August 3, 2018 by Scared Monkeys Donald Trump, Economy, Jobs, Labor Force, Making America Great Again, Unemployment | one comment |
U.S. Second-Quarter GDP 4.1%!!!
MAKING AMERICA GREAT AGAIN!!!
The second quarter GDP is 4.1%!!! This is the first time we have seen a GDP over 4 in nearly 4 years, Q3 2014. Also, the first quarter GDP was revised from 2.0% to 2.2%. This is more great news for President Trump, Republicans and Americans. Ahead of the 2018 midterms, this tremendous positive economic news should play well for the GOP.
Gross domestic product grew at a solid 4.1 percent pace in the second quarter, boosting hopes that the economy is ready to break out of its decade-long slumber.
The number matched expectations from economists surveyed by Reuters and was boosted by a surge in consumer spending and business investment.
That’s the fastest rate of the growth since the third quarter of 2014 and the third-best growth rate since the Great Recession.
In recent days, White House officials have been indicating the reading will be strong.
President Donald Trump himself tweeted a few days ago that the U.S. has the “best financial numbers on the planet,” while National Economic Council Chairman Larry Kudlow predicted on Thursday that Q2 GDP will be “big.”
Posted July 27, 2018 by Scared Monkeys Donald Trump, Economy, GDP, Making America Great Again | one comment |
Rep. Maxine Waters (D-CA) Says ‘Americans should be out in the streets screaming’ for Trump’s head
MORE FROM THE UNHINGED LEFT …
From the Washington Examiner, comes more from Rep. ‘Mad Max” Maxine Waters and her over the top theatrics. This time she says that Americans should be out in the streets screaming’ for President Donald Trump’s head. Really Maxine? Is this before or after they should be in the streets cheering for the great economy, the record low black, Hispanic unemployment, the record level of participation in the work force, the over 25,000 DOW, or the tax cuts that put more money in our pockets. Take a look around you Maxine, things are actually good in America, unless you are on the unhinged, whining LEFT. Trump is winning and that means America is winning, Maxine then stated, “He can call me whatever he wants do. He does not intimidate me, and I’m not gonna stop talking about him.” Actually Maxine Trump wants you to keep talking, You have become the face of the Democrat party and no sane individual would ever vote you back into power. But who knew you were a capitalist? Maybe you folks on the LEFT might want to provide Americans with your definition of capitalist.
President Donald Trump is Making America Great Again and the likes of Maxine Waters don’t want that to happen.
Liberal Rep. Maxine Waters Wednesday urged Americans to take to the streets and scream for an end to President Trump’s term, endorsed impeachment and vowed that the White House won’t intimidate her.
Talking on CNBC, she said, “I think he’s dangerous,” and added, “I don’t know why people take it. I think Americans should be out in the streets screaming to the top of their voice. Do something. Make something happen.”
The California Democrat was interviewed by host John Harwood during a CNBC event and poked at Trump, who regularly pokes at her, and she suggested that racism was involved. She also claimed that the president was employing tactics against his critics suggested by Russian President Vladimir Putin.
Posted July 26, 2018 by Scared Monkeys Democrats, Donald Trump, Liberal Intolerance, Liberals, Making America Great Again, Progressives, Socialist | no comments |
Kimberly Guilfoyle Officially Announces She is Leaving FOX News … Joins America First to Campaign For President Trump
ANOTHER ONE LEAVES FOX NEWS …
It’s official, Kimberly Guilfoyle is leaving FOX News after 12 years and will join the pro-Trump PAC America First as Vice-chair woman.
Kimberly Guilfoyle tweeted, “Today I have a bitter-sweet announcement. I’ve decided to leave Fox News Channel and dedicate myself full time to joining America First as Vice Chairwoman, campaigning across the country and firmly standing with President Trump.”We wish her well, she will be a great asset to the GOP’s midterm election chances and the reelection of Trump in 2020.
Fox News says host Kimberly Guilfoyle is leaving the network, amid reports that she’s about to take on a new role with a super PAC supporting President Trump’s agenda. Guilfoyle has been one of the co-hosts of the network’s afternoon show “The Five” and has been dating President Trump’s son Donald Jr.
A Fox spokeswoman confirmed her departure Friday. She was considered for White House press secretary last year after Sean Spicer departed the administration.
A person familiar with the plans who was not authorized to speak publicly about them said Guilfoyle will be joining America First PAC, which has been promoting Trump’s record.
Posted July 25, 2018 by Scared Monkeys Donald Trump, FOX NEWS, Making America Great Again | no comments |
President Trump Blasts NATO Allies, Says “Germany is Totally Controlled by Russia.” (VIDEO)
THIS IS WHY TRUMP WON, HE MAKES SO MUCH SENSE TO SO MANY AMERICANS AND SAYS WHAT THEY HAVE BEEN THINKING FOR YEARS …
President Donald Trump calls out NATO allies, especially Germany, and says … so we are spending all this money to protect you from Russia and you are making billion dollar energy deals with Russia? We are protecting Germany, France and other countries but you are paying Russia billions. Trump went on to say that hardly seems appropriate.
We have been paying all this money for years and no other President wanted to confront the issue. Trump stated that this was unfair the the United States and its tax payers.
Trump said, “Germany is totally controlled by Russia.”
Posted July 11, 2018 by Scared Monkeys Donald Trump, France, Germany, Making America Great Again, United States, You Tube - VIDEO | no comments |