The Bureau of Labor Statistics issued their report this morning and the numbers looks good. From The Wall Street Journal:
Unemployment Rate Falls to 18-Year Low; Solid Hiring in May
The U.S. labor market was firing on all cylinders in May: the unemployment rate fell to an 18-year low, employers added jobs at a faster pace and wages modestly improved.
The unemployment rate ticked down to a seasonally adjusted 3.8%, matching April 2000 as the lowest reading since 1969, the Labor Department said Friday. Nonfarm payrolls rose a seasonally adjusted 223,000 in May, a jump from gains from March and April. Average hourly earnings ticked up to a 2.7% from a year earlier—and raises were even stronger for nonmanagers.
And a bit more:
The unemployment rate for women, 3.6% last month, was the lowest since 1953, when far smaller share of women sought jobs. The jobless rates for blacks, Latinos and those without high-school diplomas are trending near record lows.
President Trump is doing the job that Obama or Hillary could never do. Those people simply are unfit to govern - they are not leaders.
Leave a comment