14 States Hit Record-Low Unemployment in Last Year Under President Donald Trump

TRUMP: MAKING AMERICA GREAT AGAIN FOR ALL …

As reported at The Hill, 14 U.S. states have set record low  unemployment rates in the past year during Donald Trump’s presidency. It is an amazing accomplishment as President Trump has made America great again for all. The unemployment lows span the ideological gamut, from conservative Texas to liberal California, from solid red Mississippi to blue Maine and from lefty Oregon to conservative Arkansas. Trump’s economic plan is good for all, not just one party. All have benefited. Like him or not, Trump has brought the jobs back and with the tax cuts, that not one Democrat voted for, has not only provided workers with more of their own money, but also allowed companies to grow and hire. Between the Trump-GOP tax cuts, the elimination of burdensome regulations and providing a positive business environment, the American economy is burning red hot.

Fourteen states have set new records for low unemployment rates in the last year, nearly a decade after the recession put millions of Americans out of work.

The states hitting new unemployment lows run the ideological gamut, from conservative Texas to liberal California, suggesting a recovery stronger than any particular political persuasion.

In March, eight states saw new record lows, including Hawaii (2.1 percent), Idaho (2.9 percent), Kentucky (4 percent ), Maine (2.7 percent), Mississippi (4.5 percent), Oregon (4.1 percent) and Wisconsin (2.9 percent).

California also set a new record last month.The Golden State’s unemployment rate stands at 4.1 percent, according to the Bureau of Labor Statistics (BLS). That’s the lowest rate recorded since BLS began keeping track of state-level unemployment figures in 1976, and it’s a third of the 12.3 percent unemployment rate California notched at the height of the recession in December 2010.

Colorado’s unemployment rate is just 2.6 percent, among the lowest in the nation, and a third of the 8.9 percent peak it hit in 2010.

In Alabama, just 3.7 percent of workers are unemployed. Arkansas reached a 3.6 percent unemployment rate last May, its lowest rate ever.

North Dakota set its own record last year. Texas hit a 3.9 percent unemployment rate in November, after peaking at 8.3 percent during the height of the recession. Tennessee fell to the lowest unemployment rate it has ever measured, 3.3 percent, in January.

Hawaii’s unemployment rate is the lowest in the nation, BLS said. Idaho, Iowa, Maine, Nebraska, New Hampshire, North Dakota and Wisconsin all have unemployment rates lower than 3 percent.

Under President Trump, blacks have also seen all-time low unemployment as well as Hispanics. But of course the partisan LEFT would never give Trump credit for it. The Left only touts Trump when there are negative stories. Many of the states that have seen record low unemployment are not ones that voted for Trump. This may pose a problem for Democrats in the 2018 and 2020 elections. There is no chance that liberal states like California or Oregon will ever vote for Trump, but they might just vote for their Republican U.S. Representative. However, states like New Hampshire, Colorado and Maine could be in play for the GOP.

American voters have a real choice in the 2018 midterm and 2020 elections … do you want to continue the great economic growth, jobs, low unemployment and revitalization of the US economy, or do you want to go back to the days of high unemployment, food stamps and dependence on government like under Obama?

BOOM!!! 313 JOBS ADDED IN FEBRUARY 2018 … Smashing the 200K jobs Estimated!

TRUMP ECONOMY ROARS … 313 JOBS ADDED IN FEBRUARY!!!

Via CNBC, the U.S. economy added a whopping 313,000 jobs in February smashing the 200,000 jobs estimated. Construction jobs lead the way with 61,000 followed by retail at 50,000, business services at 50,000, manufacturing with 31,000, financial activities with 28,000 and healthcare with 19,000. Even mining saw 9000 new jobs. There were also adjustments upward in the previous two months, December went from 160,000 to 175,000 while January saw a boost from the initially reported 200,000 to 239,000. The DOW jumped 200 points upon the fantastic jobs report. President Donald Trump’s economic vision is working for America and Making America great again! America, this is the Trump economy and it is his policies and visions, which are 180 degrees opposite of his predecessor that are making the difference. This would never had happened had Hillary Clinton won or will it continue to occur if Democrats seize control of power in either the House or Senate in 2018. The Resistance, eh? What exactly are Democrats, the LEFT and the MSM resisting? Prosperity?

The economy added 313,000 jobs in February, crushing expectations, while the unemployment rate remained at 4.1 percent, according to a Labor Department report Friday that could help quell inflation fears.

Economists surveyed by Reuters had been expecting nonfarm payroll growth of 200,000 and the unemployment rate to decline one-tenth of a percent to 4 percent.

Nonfarm payrolls increase by 313,000 in February from CNBC.

A separate measure that takes into account those out of the workforce and the underemployed — sometimes referred to as the “real” unemployment rate — held steady at 8.2 percent.

Construction jobs led the way, with 61,000 new positions, followed by retail and professional and business services (50,000 apiece), manufacturing (31,000) and financial activities (28,000). Health care added 19,000 while mining saw 9,000 new jobs.

Investors were watching the report closely not only for clues about job growth but also whether wage pressures were continuing to build. Wage growth came in less than expected, rising 0.1 percent for the month and 2.6 percent on an annualized basis.

In addition to the big job growth, previous months’ counts were revised substantially higher. December went from 160,000 to 175,000 while January saw a boost from the initially reported 200,000 to 239,000. That brings the three-month average to 242,000.

Dept of Labor:

Among the major worker groups, the unemployment rate for Blacks declined to 6.9 percent in February, while the jobless rates for adult men (3.7 percent), adult women (3.8 percent), teenagers (14.4 percent), Whites (3.7 percent), Asians (2.9 percent), and Hispanics (4.9 percent) showed little change. (See tables A-1, A-2, and A-3.)

ADP/Moody’s Analytics: Private-Sector Jobs Grow by 235,000 in February vs 195,000 Expected

THE TRUMP ECONOMY CONTINUES TO GROW JOBS …

ADP and Moody’s Analytics. reports that private payrolls rose by 235,000 in February, well above Wall Street estimates of 195,000. The United States has gone from Barack Obama, the food stamp president, to Donald Trump, the jobs president. Trump is definitely making America great again!

Job creation saw another powerful month in February, with companies adding 235,000 positions, ADP and Moody’s Analytics reported Wednesday.

The total again defied Wall Street expectations, as economists surveyed by Thomson Reuters were expecting payrolls to grow by 195,000. Growth actually decelerated slightly, as January posted an upwardly revised 244,000 from the initially reported 234,000.

February marked the fourth month in a row that private payrolls hit 200,000 or better.

“The job market is red hot and threatens to overheat,” Mark Zandi, chief economist at Moody’s, said in a statement. “With government spending increases and tax cuts, growth is set to accelerate.”

February saw broad-based gains that stretched across both the services and goods-producing sectors.

Leisure and hospitality led industry groups with 50,000 jobs, while professional and business services contributed 46,000 and trade, transportation and utilities added 44,000.

However, construction rose 21,000 and manufacturing notched 14,000 new positions. In all, goods-producing industries increased by 37,000 while all services-related businesses added 198,000.

Weekly Jobless Claims in U.S. Plunge to Lowest Since 1973

DONALD TRUMP: MAKING AMERICA GREAT AGAIN ….

From Bloomberg News, The filings for unemployment benefits in the United States have fallen to the lowest level in almost 45 years. That is correct, the lowest since 1973.  What does this mean? Coupled with job growth, a soaring stock market, low unemployment and the Trump tax cuts … the US economy is on fire!!! Wake up America and start giving credit where credit is due, the economy has rebounded like this in one year because of the presidential election of Donald Trump.

U.S. filings for unemployment benefits plummeted to the lowest level in almost 45 years in a sign the job market will tighten further in 2018, Labor Department figures showed Thursday.

Key Takeaways

The drop in claims shows that companies are increasingly holding on to their employees amid a shortage of skilled labor. Businesses are struggling to find workers to fill positions, particularly in manufacturing and construction, as cited in some anecdotes for the Federal Reserve’s Beige Book released Wednesday.

The figures suggest the unemployment rate of 4.1 percent, already the lowest since 2000, could be poised to decline further. The latest week for claims includes the 12th of the month, which is the reference period for the Labor Department’s monthly employment surveys.

BLS: Increased by 148,000 in December 2017 … Unemployment Rate Stays at 4.1%

From the  U.S. Bureau of Labor Statistics, total nonfarm payroll employment rose by 148,000 in December. Job gains occurred in healthcare, construction, and manufacturing. Although the number of jobs were lower than expected, the underlying numbers are good. The lower amount can be attributed to retail, as this is the day of the internet and on-line shopping, analysts will have to account for that in the future.

In December, the unemployment rate was 4.1 percent for the third consecutive month. The number of unemployed persons, at 6.6 million, was essentially unchanged over the month. Over the year, the unemployment rate and the number of unemployed persons were down by 0.6 percentage point and 926,000, respectively. (See table A-1.)

Among the major worker groups, the unemployment rate for teenagers declined to 13.6 percent in December, offsetting an increase in November. In December, the unemployment rates for adult men (3.8 percent), adult women (3.7 percent), Whites (3.7 percent), Blacks (6.8 percent), Asians (2.5 percent), and Hispanics (4.9 percent) showed little or no change. (See tables A-1, A-2, and A-3.)

Among the unemployed, the number of new entrants decreased by 116,000 in December. New entrants are unemployed persons who never previously worked. (See table A-11.)

The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 1.5 million in December and accounted for 22.9 percent of the unemployed. Over the year, the number of long-term unemployed declined by 354,000. (See table A-12.)

The labor force participation rate, at 62.7 percent, was unchanged over the month and over the year. The employment-population ratio was unchanged at 60.1 percent in December but was up by 0.3 percentage point over the year. (See table A-1.)

So which business sectors fared well?

Total nonfarm payroll employment rose by 148,000 in December. Job gains occurred in healthcare, construction, and manufacturing.  Employment in health care increased by 31,000 in December. Employment continued to trend up in ambulatory health care services (+15,000) and hospitals (+12,000). Health care added 300,000 jobs in 2017, compared with a gain of 379,000 jobs in 2016.

Construction added 30,000 jobs in December, with most of the increase among specialty trade contractors (+24,000). In 2017, construction employment increased by 210,000, compared with a gain of 155,000 in 2016.

In December, manufacturing employment rose by 25,000, largely reflecting a gain in durable goods industries (+21,000). Manufacturing added 196,000 jobs in 2017, following little net change in 2016 (-16,000).

Employment in food services and drinking places changed little in December (+25,000). Over the year, the industry added 249,000 jobs, about in line with an increase of 276,000 in 2016.