jimnyc
07-05-2019, 02:48 PM
This is the economy that all the democrats are complaining about. :rolleyes:
I say, oh yeah!! Kickin some economic ass for now! And yup, I'll give Obama credit where it's due for his time involved in some of this. :)
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Longest Economic Expansion in U.S. History: Trump Economy Adds Another 224,000 Jobs
The news release by the U.S. Department of Labor today was important not only because it showed an improving job market, but also because it confirmed that the U.S. has officially entered the longest recorded economic expansion in U.S. history.
The U.S. economy made significant gains in June as employment increased by 224,000 and the unemployment rate remained largely unchanged at 3.7 percent.
These payroll growth numbers have been the best gain since January and ran contrary to worries that both the employment picture and overall growth picture were beginning to worsen. Economists surveyed by The Wall Street Journal originally expected the economy to only add 165,000 jobs in June.
The most notable gains occurred in professional and business services, in health care, and in transportation and warehousing.
June marked the tenth anniversary of the official end of the Great Recession in June 2009. In July, the U.S. entered the 121st month of economic expansion arising out of the financial crisis.
The Financial Times elaborates: “The post-crisis US economic expansion this week became the longest uninterrupted stretch of growth in modern American history.”
The previous record was set during the 120-month expansion from March 1991 to March 2001, according to the National Bureau of Economic Research.
Including today’s June nonfarm payroll employment numbers, President Trump has created roughly 5.6 million jobs since he first took office in January 20, 2017.
The unemployment rate increased very slightly from 3.6 to 3.7 percent, but this still makes June the 16th consecutive month at or below 4 percent and the lowest unemployment rate since 1969.
Rest - https://pjmedia.com/trending/longest-economic-expansion-in-u-s-history-trump-economy-adds-another-224000-jobs/
I say, oh yeah!! Kickin some economic ass for now! And yup, I'll give Obama credit where it's due for his time involved in some of this. :)
---
Longest Economic Expansion in U.S. History: Trump Economy Adds Another 224,000 Jobs
The news release by the U.S. Department of Labor today was important not only because it showed an improving job market, but also because it confirmed that the U.S. has officially entered the longest recorded economic expansion in U.S. history.
The U.S. economy made significant gains in June as employment increased by 224,000 and the unemployment rate remained largely unchanged at 3.7 percent.
These payroll growth numbers have been the best gain since January and ran contrary to worries that both the employment picture and overall growth picture were beginning to worsen. Economists surveyed by The Wall Street Journal originally expected the economy to only add 165,000 jobs in June.
The most notable gains occurred in professional and business services, in health care, and in transportation and warehousing.
June marked the tenth anniversary of the official end of the Great Recession in June 2009. In July, the U.S. entered the 121st month of economic expansion arising out of the financial crisis.
The Financial Times elaborates: “The post-crisis US economic expansion this week became the longest uninterrupted stretch of growth in modern American history.”
The previous record was set during the 120-month expansion from March 1991 to March 2001, according to the National Bureau of Economic Research.
Including today’s June nonfarm payroll employment numbers, President Trump has created roughly 5.6 million jobs since he first took office in January 20, 2017.
The unemployment rate increased very slightly from 3.6 to 3.7 percent, but this still makes June the 16th consecutive month at or below 4 percent and the lowest unemployment rate since 1969.
Rest - https://pjmedia.com/trending/longest-economic-expansion-in-u-s-history-trump-economy-adds-another-224000-jobs/