I feel sorry for those who have pledged to hate the Trump administration no matter what. How do they react to this kind of good news? Do they hate it, because TRUMP? Or do they celebrate it but attribute the good news to Obama, even though the economy didn’t decide to respond to him until after the 8 WHOLE YEARS he was in office?
I wonder.
So good news. We currently have a record number of employed Americans– 155,215,000, to be exact. This will be the eight time we’ve broken this record with Trump in office.
155,215,000 Americans were employed in February, 785,000 more than last month’s record 154,430,000, the Bureau of Labor Statistics reported on Friday.
The number of employed Black Americans hit a record high of 19,087,000 last month, and a record 72,530,000 women 16 and older were counted as employed.
You hear that? A record number of employed black Americans too! The black unemployment rate clocked in at 6.9 percent, which is super close to the record low (6.8 percent) in December. A flourishing economy is good for EVERYONE, race baiters. We’ve been saying that for what feels like forever.
In other news, the unemployment rate remained at 4.1 percent.
To put the unemployment rate in perspective, the last time we saw rates this low, Bill Clinton was president. In the final four months of 2000 — Clinton’s final full year in office — the unemployment rate was 3.9 percent, and it dipped to a Clinton-era low of 3.8 percent for one month only, in April 2000.
During Richard Nixon’s term, the unemployment rate dropped to 3.4 percent at various times in 1968 and 1969, the lowest it had been since 1953.
In addition, the economy added 313,000 jobs, which smashed all expectations.
— The economy added a whopping 313,000 jobs in February. BLS said after revisions, job gains have averaged 242,000 over the last 3 months.
— Wages continue to rise: In February, average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $26.75, following a 7-cent gain in January. Over the year, average hourly earnings have increased by 68 cents, or 2.6 percent.
— The number of Americans not in the labor force, meaning they are not working or looking for work, remained stubbornly high at 95,012,000. This group includes a growing number of retirees as well as people who are going to school or who choose not to work for other reasons.
The last number– the number of Americans NOT participating in the labor force– would usually be my focus, but the other numbers are SO GOOD that it honestly makes it a bit less severe. Again, we’re talking a RECORD NUMBER of employed Americans. We cannot brush that off. It’s a big deal.
313,000 jobs created in February. Jobless rate at 4.1%
— Jamie Dupree (@jamiedupree) March 9, 2018
December job growth revised up from 160k to 175k. January revised up from 200k to 239k
— Jamie Dupree (@jamiedupree) March 9, 2018
The 313,000 jobs added in February is the largest monthly gain since a 325k jump in July 2016
— Jamie Dupree (@jamiedupree) March 9, 2018
The 313,000 jobs added in February is the highest month of jobs growth in the Trump Administration pic.twitter.com/hmgxVgvkeH
— Jamie Dupree (@jamiedupree) March 9, 2018
WOOHOO!
The U6 rate – the broadest measure of unemployment – stayed at 8.2 percent in February pic.twitter.com/mnz4LNsYMP
— Jamie Dupree (@jamiedupree) March 9, 2018
The size of the labor force grew by 806,000 in February, the largest monthly jump since January 2003 pic.twitter.com/A7O8j1lGZb
— Jamie Dupree (@jamiedupree) March 9, 2018
The Labor Force Participation rate went up to 63.0 percent in February pic.twitter.com/zmwIbkbWoV
— Jamie Dupree (@jamiedupree) March 9, 2018
The unemployment rate for black Americans went down to 6.9% in February, after a January jump pic.twitter.com/CbhkRosbE1
— Jamie Dupree (@jamiedupree) March 9, 2018
February was the best month of growth for the Trump administration so far.
MAGA.
h/t CNS News