Historic U.S. Job Market Continues as African-American Unemployment Rate Hits New Low

Historic U.S. Job Market Continues as African-American Unemployment Rate Hits New Low
Historic U.S. Job Market Continues as African-American Unemployment Rate Hits New Low | The White House

November 1: Today, the Bureau of Labor Statistics (BLS) released its monthly Employment Situation Report, which shows continued employment growth and a low unemployment rate in October. Job gains at this point in the business cycle are particularly noteworthy considering that the United States is in the midst of the longest economic expansion in its history.

BLSā€™s establishment survey shows total nonfarm payroll employment increased by 128,000 jobs last month, far exceeding the median market expectation of 85,000. Including a substantial upward revision of 95,000 total jobs for the months of August and September, and controlling for the estimated 60,000 decrease because of the recently resolved General Motors (GM) strike and the 20,000 decrease from temporary U.S. Census workers finishing their work, this report highlights the creation of over 300,000 new jobs.

Since the Presidentā€™s 2016 election, the economy has added over 6.7 million jobsā€”more than the combined populations of Wyoming, Vermont, Alaska, North Dakota, South Dakota, Delaware, Rhode Island, and Montana in 2018. Additionally, this total is 4.8 million more jobs than the Congressional Budget Office projected would have been created in its final forecast before the 2016 electio
n.

ME: Trump is still winning for America. All Democrats can do is hate and lie, while Trump is making America great again!

New polls show black support for Trump surging
New polls show black support for Trump surging

Rush Limbaugh could hardly contain his excitement. ā€œWeā€™ve got three polls today showing Donald Trump at 30 percent or higher with black voters,ā€ he told his national radio audience Monday. ā€œWeā€™ve got Emerson, weā€™ve got Rasmussen and weā€™ve got Marist!ā€

Rush was echoing a Trump 2020 campaign email titled ā€œBlack Voters Are Raising Their Voices in Support of President Trump. Recent Polls Show Significant Increase in Support from Black Community.ā€

ā€œYou canā€™t dispute the fact that African-Americans have been benefiting from President Trumpā€™s policies,ā€ Katrina Pierson with the Trump campaign said in a statement. ā€œFour years ago, the president asked the black community, ā€˜What do you have to lose;ā€™ now we are thinking, ā€˜Imagine what we stand to gain!ā€™ā€

Trump-2020-Flag-Double-Sided-Printed-Donald-Trump-Flag-Keep-America-Great-Donald-For-President-USA.jpg
 
Historic U.S. Job Market Continues as African-American Unemployment Rate Hits New Low
Historic U.S. Job Market Continues as African-American Unemployment Rate Hits New Low | The White House

November 1: Today, the Bureau of Labor Statistics (BLS) released its monthly Employment Situation Report, which shows continued employment growth and a low unemployment rate in October. Job gains at this point in the business cycle are particularly noteworthy considering that the United States is in the midst of the longest economic expansion in its history.

BLSā€™s establishment survey shows total nonfarm payroll employment increased by 128,000 jobs last month, far exceeding the median market expectation of 85,000. Including a substantial upward revision of 95,000 total jobs for the months of August and September, and controlling for the estimated 60,000 decrease because of the recently resolved General Motors (GM) strike and the 20,000 decrease from temporary U.S. Census workers finishing their work, this report highlights the creation of over 300,000 new jobs.

Since the Presidentā€™s 2016 election, the economy has added over 6.7 million jobsā€”more than the combined populations of Wyoming, Vermont, Alaska, North Dakota, South Dakota, Delaware, Rhode Island, and Montana in 2018. Additionally, this total is 4.8 million more jobs than the Congressional Budget Office projected would have been created in its final forecast before the 2016 electio
n.

ME: Trump is still winning for America. All Democrats can do is hate and lie, while Trump is making America great again!
 
Historic U.S. Job Market Continues as African-American Unemployment Rate Hits New Low
Historic U.S. Job Market Continues as African-American Unemployment Rate Hits New Low | The White House

November 1: Today, the Bureau of Labor Statistics (BLS) released its monthly Employment Situation Report, which shows continued employment growth and a low unemployment rate in October. Job gains at this point in the business cycle are particularly noteworthy considering that the United States is in the midst of the longest economic expansion in its history.

BLSā€™s establishment survey shows total nonfarm payroll employment increased by 128,000 jobs last month, far exceeding the median market expectation of 85,000. Including a substantial upward revision of 95,000 total jobs for the months of August and September, and controlling for the estimated 60,000 decrease because of the recently resolved General Motors (GM) strike and the 20,000 decrease from temporary U.S. Census workers finishing their work, this report highlights the creation of over 300,000 new jobs.

Since the Presidentā€™s 2016 election, the economy has added over 6.7 million jobsā€”more than the combined populations of Wyoming, Vermont, Alaska, North Dakota, South Dakota, Delaware, Rhode Island, and Montana in 2018. Additionally, this total is 4.8 million more jobs than the Congressional Budget Office projected would have been created in its final forecast before the 2016 electio
n.

ME: Trump is still winning for America. All Democrats can do is hate and lie, while Trump is making America great again!
  • Nonfarm payrolls surged by 266,000 in November, better than the 187,000 expected by economists polled by Dow Jones.
  • The unemployment rate ticked down to 3.5% from 3.6%, back to the 2019 low and matching the lowest jobless rate since 1969.
  • The end of the GM strike had a big effect, boosting employment in motor vehicles and parts by 41,300, part of an overall 54,000 gain in manufacturing.
  • Average hourly earnings rose by 3.1% from a year ago, slightly above the 3% expected by economists polled by Dow Jones.
Jobs growth soars in November as payrolls surge by 266,000
 

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