This is pretty fantastic news, jobs-wise. President Trump anticipated it too.
Looking forward to seeing the employment numbers at 8:30 this morning.
— Donald J. Trump (@realDonaldTrump) June 1, 2018
May had some stellar numbers. For starters, we have a record number of employed Americans– 155,474,000 to be exact. The number of unemployed Americans dropped to 6,065,000. All that leads us to this news: The unemployment rate dropped to 3.8 percent. It hasn’t been that low since April 2000. We’re talking 18 years.
There’s more. Check this out.
And there’s more good news: The number of employed women 16 and over set another record (72,690,000); the number of employed men 16 and over is at an all-time high (82,784,000); and so is the number of employed African-Americans (19,092,000).
The unemployment rate for African-Americans dropped to 5.9 percent, a record low. It was 7.8 percent when President Trump took office in January 2017.
The unemployment rate for women 16+ is now at 3.6 percent, a low not seen since 1953.
This is obviously a direct result of the sexist and racist policies of this administration.
Here’s another recap:
#BreakingNews: May #JobsReport surprises to the upside https://t.co/hV6QrB6OyG pic.twitter.com/Inzwtmfq7M
— FOX Business (@FoxBusiness) June 1, 2018
More on May’s U.S. #JobsReport:
-U.S. added 223,000 jobs in May vs. analysts’ estimates of 190,000
-Jobless rate fell to 3.8% to match April 2000 as the lowest since 1969
-Average hourly earnings increased 2.7% from a year earlier, more than projectedhttps://t.co/x7lq0BUYU5 pic.twitter.com/4Xkn7AP9IU— TicToc by Bloomberg (@tictoc) June 1, 2018
223,000 jobs created in May, as jobless rate hits 3.8 percent
— Jamie Dupree (@jamiedupree) June 1, 2018
Job gains revised up in March from 135k to 155k, while April was revised down from 164k to 159k
— Jamie Dupree (@jamiedupree) June 1, 2018
Job gains revised up in March from 135k to 155k, while April was revised down from 164k to 159k
— Jamie Dupree (@jamiedupree) June 1, 2018
While the unemployment rate went down, the Labor Force Participation rate did as well, dropping to 62.7% pic.twitter.com/FtLluuA4xO
— Jamie Dupree (@jamiedupree) June 1, 2018
The size of the labor force increased by only 12k in April, as 93,000 people reported they gave up looking for work
— Jamie Dupree (@jamiedupree) June 1, 2018
The unemployment rate for black Americans hit a new record low of 5.9% pic.twitter.com/4MXawp5HkF
— Jamie Dupree (@jamiedupree) June 1, 2018
Solid job gains in May, as employers add 223,000 jobs – unemployment rate down to 18 year low https://t.co/NQUVtH1lxi pic.twitter.com/K8L07KIyaE
— Jamie Dupree (@jamiedupree) June 1, 2018
It’ll be interesting to see how the left dismisses (or spins?) this fantastic economic news.
h/t CNS News