Dow, unemployment

Is that what you got out of that? This is the level that President Trump is starting at. An economy going very well, with low unemployment and a good market. President Obama started with a month that saw 800,000 Americans given pink slips. And a market going straight down. A remarkable recovery in eight years, with the whole of the GOP trying to destroy the recovery.

Now the new President starts with a very good economy and low unemployment. Let us see where we are 4 years from now.
 
Granny says, "Dat's right - dat be the Donald Makin' America Great Again...
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6.3%: African-American Unemployment Rate Second-Lowest Ever
September 7, 2018 | (Correction: The original headline said that the African-American unemployment rate in August was the lowest ever; in fact, 6.3% is the second lowest rate on record for African-Americans.)
(CNSNews.com) - The midterm election is about "safety and jobs," President Trump told a campaign rally in Montana Thursday night. He said the economy is "booming like never before," and on Friday, the unemployment report brought the president more good news: the unemployment rate for African Americans, 6.3 percent, is the second lowest on record (it was 5.9 percent in May); and job-growth remains strong. For Hispanics, the unemployment rate increased two-tenths of a point from last month's record low of 4.5 percent. And the overall unemployment rate remained at a low 3.9 percent. The number of jobs added -- 201,000 -- exceeded analysts' expectations. (After revisions, job gains have averaged 185,000 for each of the last three months.)

After three straight record-setting months, the number of employed Americans dropped by 423,000 in August, to 155,542,000 from last month's all-time high of 155,965,000. This number has set 11 records since Donald Trump took office. In August, the nation’s civilian noninstitutionalized population, consisting of all people age 16 or older who were not in the military or an institution, reached 258,066,000. Of those, 161,776,000 participated in the labor force by either holding a job or actively seeking one. The 161,776,000 who participated in the labor force equaled 62.7 percent of the 258,066,000 civilian noninstitutionalized population, slightly below last month's 62.9 percent participation rate.

The participation rate remains stubbornly low as a growing number of people leave the labor force, led by baby-boom retirees. BLS noted that the percentage of Americans not in the labor force -- meaning they neither have a job nor are looking for one -- increased to a record 96,290,000 in August. Among the major worker groups, the unemployment rates for adult men (3.5 percent), adult women (3.6 percent), teenagers (12.8 percent), Whites (3.4 percent), and Asians (3.0 percent) showed little or no change in August. And there's positive news on wage growth: In August, average hourly earnings for all employees on private nonfarm payrolls rose by 10 cents to $27.16. Over the year, average hourly earnings have increased by 77 cents, or 2.9 percent.

6.3%: African-American Unemployment Rate Second-Lowest Ever

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Manufacturing Jobs Down 3,000 in August—After 12 Straight Months of Gains
September 7, 2018 | Manufacturing jobs in the United States decreased by 3,000 in August—after twelve straight months of manufacturing job increases, according to data released today by the Bureau of Labor Statistics.
“Manufacturing employment changed little in August (-3,000),” BLS said in its monthly employment report. “Over the year, employment in the industry was up by 254,000, with more than three-fourths of the gain in the durable goods component.” In July, according to this report, there were 12,720,000 people employed in manufacturing in the United States. In August, there were 12,717,000.

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According to the report, manufacturing jobs have increased by 366,000 since President Donald Trump took office, climbing from 12,351,000 in December 2016 (the month before he was inaugurated) to the August number of 12,717,000.

Manufacturing employment peaked in this country in June 1979, when 19,553,000 were employed in manufacturing. It hit its lowest point since 1941—the year the United States entered World War II—in February and March of 2010, when manufacturing employment was 11,453,000. The last time manufacturing employment had been below that level in the United States was March 1941, when it was 11,409,000.

Manufacturing Jobs Down 3,000 in August—After 12 Straight Months of Gains
 
Is that what you got out of that? This is the level that President Trump is starting at. An economy going very well, with low unemployment and a good market. President Obama started with a month that saw 800,000 Americans given pink slips. And a market going straight down. A remarkable recovery in eight years, with the whole of the GOP trying to destroy the recovery.

Now the new President starts with a very good economy and low unemployment. Let us see where we are 4 years from now.


And what did Obama do, please be specific....
 

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