Author Topic: 156,945,000: 2018 Ends With Record Employment; Participation Rate Hits Trump-Era High  (Read 614 times)

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Offline libertybele

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156,945,000: 2018 Ends With Record Employment; Participation Rate Hits Trump-Era High

Amid concerns about trade with China and rollercoaster stock markets, the final employment report of 2018 counts as good news.

The Labor Department's Bureau of Labor Statistics said on Friday the economy added an impressivve 312,000 jobs in December, which was a month of strong retail sales; and the nation's unemployment rate increased two-tenths of a point to 3.9 percent, which is still an 18-year low.

The number of employed Americans has now set a 14th record under Trump:

When Trump became president in January 2017, 152,076,000 Americans were employed. Last month, that number grew to a record 156,945,000, a gain of 4,869,000 in two years.

https://www.cnsnews.com/news/article/susan-jones/156945000-2018-ends-record-employment-participation-rate-hits-trump-era
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Offline Chosen Daughter

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This is very good news. I do give credit when due.  Hopefully they will go to American citizens.
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Online Hoodat

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I caught a snippet of NBC news tonight.  They were reporting that the unemployment rate had risen to 3.9% which was a gloomy indication of dire times ahead.  Yet these same partisan reporters were telling us four years ago that 6% unemployment was essentially full employment since it was impossible to reduce it any further under such a booming economy.
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Offline Smokin Joe

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Suspending some of the Obamacare provisions likely helped. Unfortunately, the worthless jerks in Congress didn't do away with that dreck.
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Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

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