The Black Unemployment Rate Lowest in 17 Years Under President Donald J. Trump

SO YOU MEAN ITS TRUMP AND NOT OBAMA WHO PUT BLACK AMERICA BACK TO WORK AGAIN?

As per CNS News, the unemployment rate for black Americans is the lowest it has been since the year 2000, at 7.3%. It was not Barack Obama, but President Donald J. Trump who has resided over the lowest black unemployment rate. And the liberal MSM refuses to report on such positive marks for the president. Had Obama done this, they would have been carving is likeness into Mount Rushmore. Under Donald Trump, this is what happens when you make the entire economy is made whole, all benefit from it. We reported earlier that the US economy has been A Tale of Two Presidents, Donald Trump, who is putting America back to work and Obama, the Food Stamp president.

Think Democrats are not scared that Trump may get more of the black vote in 2020? No wonder why they never give him credit for what he has done as president. Its all been a distraction.

According to the Bureau of Labor Statistics( BLS), the unemployment rate for black Americans is the lowest it has been since the year 2000, 17 years ago.

In November, the national unemployment rate for black Americans, ages 16 and over, was 7.3%.

The last time it was 7.3% was in the year 2000, during the months September, October and November.

During the Bush and Obama years (2001 -2016), the black unemployment rate fluctuated between 7.7% and a high of 16.8%.

Making America Great Again … Dow Jones Rises 5,000 Points in a Year for the First Time Ever

OF COURSE THE LIBERAL MSM, DEMOCRATS AND THE LEFT WILL TELL YOU TRUMP HAD NOTHING TO DO WITH THIS …

President Donald Trump made the DOW great again. As reported at CNBC, the Dow Jones industrial average is up more than 5000 pints in one year. This is the first time in the  121-year history of the Dow that this has ever happened. Of course it is just coincidence that this occurred with Donald Trump as President. The Dow is currently at a record high and soon will be over 25,000 when the Tax bill is signed later today.

The Dow Jones industrial average just did something it has never done in its 121-year history.

The 30-stock average is now up more than 5,000 points in a year, marking its biggest annual-points gain ever. This following a 140-point rally Monday which sent it to an all-time high.

The Dow also notched a record close for the 70th time this year, which is another milestone. To put that into perspective, it means that about one of every four trading sessions this year has been a record close for the index.

The Dow, along with the S&P 500 and the Nasdaq composite, has had a banner year, rising 25.5 percent. The S&P 500 and Nasdaq are up 20.2 percent and 29.9 percent, respectively.

An Economic Tale of Two Presidents … Trump Economy Far Better than Obama’s Food Stamp Presidency

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.

November Jobs Trump Expectations … 228,000 vs. 200,000 est.

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.)

Job market beats expectations with 228,000 payroll growth from CNBC.

•  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.

ADP November payrolls up 190,000 from CNBC.

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.