BOOM!!! 223,000 Jobs Added in May, Unemployment Rate Down to 3.8% … Black Unemployment Rate Hits New Record Low at 5.9%!

DONALD TRUMP … MAKING THE ECONOMY GREAT AGAIN!!!

The May jobs numbers are in and they were HUGE! As reported at CNBC, total nonfarm payroll employment increased by 223,000 in May, compared to an expected 188K. Also, the underemployment rate is down to 3.8%. Even CNN is reporting that unemployment rate matches lowest point in half a century. Job gains came from retail (31,000), health care (29,000), construction (25,000), professional and technical services (23,000) and transportation and warehousing, which added 19,000. Manufacturing also contributed 18,000 and mining grew by 6,000. Wait, 18,000 jobs from manufacturing? I thought Obama said manufacturing jobs would never come back? This represents another strong jobs report for the Trump administration.

donald_trump_-_make_america_great_again

The U.S. economy continued to add jobs at a solid clip in May, with nonfarm payrolls up 223,000 while the unemployment rate was 3.8 percent, the Bureau of Labor Statistics reported Friday.

Economists had been expecting payroll growth of 188,000 and the jobless rate to hold steady at 3.9 percent.

The unemployment rate was last this low in April 2000. A separate level of unemployment that adds in discouraged workers and those holding part-time positions for economic reasons fell to 7.6 percent, the lowest since May 2001.

The closely watched average hourly earnings metric rose 0.3 percent, as expected. That translates to an annualized rate of 2.7 percent, up one-tenth of a point from April.

In addition to the better-than-expected payrolls for May, March’s count was revised up from 135,000 to 155,000 while April ended lower from 164,000 to 159,000, for a net gain of 15,000.

Job gains came from retail (31,000), health care (29,000), construction (25,000), professional and technical services (23,000) and transportation and warehousing, which added 19,000. Manufacturing also contributed 18,000 and mining grew by 6,000.

US economy adds 223K jobs in May

Black unemployment rate hits new record low in May 

The unemployment rate for black workers hit new record lows in May, the Labor Department’s Bureau of Labor Statistics reported Friday.

Black unemployment fell sharply to 5.9 percent, beating out the 6.6 percent record low that was set a month earlier.

The unemployment rate for Hispanic workers hit a record low in April, at 4.8 percent, but it rose slightly to 4.9 percent in May.

CBS Poll: Americans Give Trump Credit for Economy … 68% Say Trump Responsible for Good Economy

68% OF AMERICANS CREDIT TRUMP FOR MAKING AMERICAN ECONOMY GREAT AGAIN …

According to a recent CBS News Nation tracker poll, 68% of Americans give President Donald Trump the credit for the good economy we are currently experiencing. OUCH, that has to sting the liberal MSM. With all of the negative press coverage provided by the MSM, it would appear that Americans could care less what the bias media has to say and are looking at their wallets, pocketbooks and around them for themselves. The poll also states that 7 in 10 of whom say they’d prefer a candidate he backs and view Trump as a positive factor. Maybe the idiotic establishment GOP would like to get on board with the American people ahead of the 2018 primaries.

What does this mean? The closer we get to the 2018 midterm elections, the more the American people are favoring Trump and the GOP. The once huge double digit lead by Democrats in the polls are gone. Americans no longer have to listen to the Democrat and liberal media rhetoric, they can evaluate the results of Trump’s policies for themselves. Blue wave, really? Haven’t we seen this game play out before the 2016 elections when the LEFT said Hillary Clinton was a sure thing and the Democrats were going to take back the House and the Senate?

CBS Poll Trump economy_052018

Nearly 2 in 3 Americans think the nation’s economy is in good shape, and most of them believe President’s Trump’s policies are at least somewhat responsible for that. More Republicans rate the economy positively than do Democrats.

As Congressional primaries continue and Americans look ahead six months to their midterm votes, Mr. Trump looks like a positive factor among Republicans, 7 in 10 of whom say they’d prefer a candidate he backs — but the president’s influence is limited to his own party. More Independents say they’re less likely to support a candidate backed by Mr. Trump.
The economy and the president’s support

This survey has followed the levels of Trump support and opposition over time. Today, buoyed by their feelings that the economy is at least somewhat good, the ranks of Mr. Trump’s strongest backers have risen to 22 percent from 18 percent back in January. Many of these backers had previously adopted a wait-and-see approach, labeling themselves as more conditional in their support a few months ago. Supporters overall – both strong and conditional — together remain less than a majority, however, while the ranks of the strongest Trump opponents have remained steady.

US Economy: Unemployment Rate Falls to 3.9% … Black & Hispanic Unemployment Hit Record Lows!!!

UNEMPLOYMENT RATE FALLS TO 3.9%, BLACK UNEMPLOYMENT TO RECORD LOW OF 6.6%

Yes, President Donald Trump is making America great again and in some cases making it greater than ever before. The Unemployment rate for April 2018 has fallen to 3.9%. This is a 17 and a half year low for the U.S. unemployment rate. The news was even better for minorities as the unemployment rate for black workers dropped to a record low 6.6%, beating the previous record low of 6.8% set in December. The jobless rate for Hispanics fell to 4.8%, tying the record reached last year and in 2006. This is tremendous news for America and troublesome for Democrats, the LEFT and the liberal MSM. Even as under the Trump administration minorities are making considerable gains in the work force, the miserable LEFT and MSM still manages to find the negative. Hmm, where were these people during the 8 yeas of Obama when blacks had double digit unemployment?

donald_trump_-_make_america_great_again

U.S. job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent as some out-of-work Americans left the labor force.

The Labor Department’s closely watched employment report on Friday also showed wages barely rose last month, which may ease concerns that inflation pressures are rapidly building up, likely keeping the Federal Reserve on a gradual path of monetary policy tightening.“

Fed officials can rest easy that there is not any wage-based inflation on the horizon,” said Chris Rupkey, chief economist at MUFG in New York. “There is no need to speed up the path of interest rates because inflation isn’t heating up in a worrisome manner.”

Nonfarm payrolls increased by 164,000 jobs last month, the Labor Department reported. Data for March was revised to show the economy adding 135,000 jobs instead of the previously reported 103,000. That was the fewest amount of jobs created in six months and followed an outsized gain of 324,000 in February.

But 236,000 people left the labor force in April, adding to the 158,000 who quit in March. The labor force participation rate, or the proportion of working-age Americans who have a job or are looking for one, fell to 62.8 percent last month from 62.9 percent in March. It was the second straight monthly drop in the participation rate.

Where was the LEFT and MSM calling out Obama during his 8 years for the difference between black and white unemployment? Instead, the miserable LEFT and MSM continue to be all things negative to Trump and put Obama op on high. Really, the numbers show that there is less of a disparage between blacks and whites  under Trump. Both black and white unemployment has gone down about 0.6% since the November 2016 elections,; however, the difference is that these are historic lows for blacks.  The majority of time during Obama, blacks witnessed double digit unemployment as there were a record number of individuals on food stamps. The fact of the matter is that if Trump was president in 2008-2016, blacks would have seen the benefits they see now, just that much sooner.

Black Unemployment: 2008-2018

Black Unemployment 2008-2018

White Unemployment: 2008-2018

White Unemplyment 2008-2018

The LEFT and Democrats are freaking out that minorities are seeing record low unemployment and might just vote as the silent black and Hispanic voter with Trump and the GOP in 2018 and 2020.

Reuters Poll: Black Male Approval For President Trump Doubles In One Week

AND YOU WONDER WHY THE LEFT MUST NOW DISCREDIT AND DESTROY KANYE WEST

According to a recent Reuters poll following the positive comments of Kanye West toward President Donald Trump shows that black male support of Trump has doubled in one week. WOW!!! The poll taken on April 29, 2018 showed a remarkable approval rating of 22%, up from 11% in a poll taken on 4/22/18. The poll also showed that Trump’s approval rating also increased from 8.9% to 16.5% during this same period of time. This is the Kanye effect and why the LEFT, Democrats and the liberal MSM are trying to destroy the credibility of Kanye West. If blacks come to believe and understand it is okay to like and vote for Republicans and President Trump, the Democrats are toast. Exit polls from the 2016 elections showed that Trump garnered 8% of the black vote, if that percentage ever went to 16 or 17 percent, Democrats would be in serious trouble. This is why we are now witness to the destroy Kanye campaign so that blacks never think for themselves and don’t point one and one together that it was under President Trump that blacks have an all-time low unemployment rate and they are benefiting under Trump.

Kanye West Donald Trump

Black male support for President Donald Trump doubled in just one week, according to a Reuters poll on presidential approval.

A poll taken on April 22, 2018 had Trump’s approval rating among black men at 11 percent, while the same poll on April 29, 2018 pegged the approval rating at 22 percent. It should be noted that Reuters only sampled slightly under 200 black males each week and slightly under 3,000 people overall.

Trump experienced a similar jump in approval among black people overall, spiking from 8.9 percent on April 22 to 16.5 percent on April 29.

Socialist Bernie Sanders Announces Federal Jobs Proposal for All with Healthcare and $15/hr Minimum

JUST LIKE A SOCIALIST … PROPOSES IGNORANT SOCIALIST JOBS PROGRAM WHEN 14 STATES HAVE RECORDED RECORD ALL-TIME LOW UNEMPLOYMENT RATES …

As reported at The Hill, socialist Sen. Bernie Sanders of The People’s Republic of Vermont has announced a federal jobs proposal that would guarantee a job with at least a $15-per-hour wage and health benefits to every adult American “who wants or needs one.” UNREAL, just how would we pay for this socialist program? NOW? Jobs under the  Trump administration are being created hand over fist. Capitalism seems to be working just fine.  Fourteen states have recorded record low unemployment in the past year which begs the question, why would individuals need the government for a job, except to be kept dependent? If Americans want to work, they just need apply. But what else would one expect from a socialist but making individuals dependent upon government.

Bernie Sanders2

The senator is still in the early stages of crafting the plan, according to the Post, which would provide a job or required training for any American.

Sanders’s office has yet to release the details of the plan’s funding, but previous large-scale projects proposed by the Vermont progressive have involved ending tax breaks for the wealthiest Americans and large corporations.

The Vermont senator joins two other possible 2020 contenders, Sens. Kirsten Gillibrand (D-N.Y.) and Cory Booker (D-N.J.), who have also expressed support for similar proposals in recent weeks.

“The goal is to eliminate working poverty and involuntary unemployment altogether,” Darrick Hamilton, an economist at The New School, told the Post.

Maybe Bernie and his socialist friends might want to take a look at the failed Finland experiment … Finland’s basic income trial falls flat. This is what socialism looks like, failure.

The Finnish government has decided not to expand a limited trial in paying people a basic income, which has drawn much international interest.

Currently 2,000 unemployed Finns are receiving a flat monthly payment of €560 (£490; $685) as basic income.

“The eagerness of the government is evaporating. They rejected extra funding [for it],” said Olli Kangas, one of the experiment’s designers.

Some see basic income as a way to get unemployed people into temporary jobs.

The argument is that, if paid universally, basic income would provide a guaranteed safety net. That would help to address insecurities associated with the “gig” economy, where workers do not have staff contracts.

Supporters say basic income would boost mobility in the labour market as people would still have an income between jobs.

Finland’s two-year pilot scheme started in January 2017, making it the first European country to test an unconditional basic income. The 2,000 participants – all unemployed – were chosen randomly.

But it will not be extended after this year, as the government is now examining other schemes for reforming the Finnish social security system.

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