The Trump economy added 227,000 jobs in January, far ahead of the 175,000 estimated by economists, on an upsurge in economic optimism seen since the new president’s election in November.
CNN reports that Ford has ditched plans to build a $1.6 billion plant in Mexico in favor of investing $700 million in expanding their operations in Michigan as a “vote of confidence” in President-elect Trump.
The faltering Obama economy created only 151,000 jobs in January versus an expectation that it would create nearly 200,000, down sharply from the 292,000 jobs the government claims were created in December 2015.
Skip the paddles and bring out the body bag – Barack Obama’s faltering economy grew at a paltry 0.2% rate in the first quarter of 2015.
During February, while talk about how the government was going to cut $85 billion in spending on March 1 got blanket coverage from every outlet that provides political or economic news, employers chose to add 236,000 workers to their payrolls.
388,000 people filed initial claims for unemployment benefits last week, a massive 46,000 increase over the previous week’s report that brings the measure to its highest level in four months.
Although failed President Barack Obama’s disasterous economy added only 114,000 jobs in September, data manipulation by the Bureau of Labor Statistics showed the top-line Unemployment Rate number falling to 7.8%.
Weekly jobless claims spiked to 382,000 last week from an upwardly adjusted 367,000 the week before, topping analyst expectations by 12,000.
Failed President Barack Obama has become fond of saying that 4.5 million jobs have been created during his disasterous Presidency. It’s a line that was parroted dozens of times during the first night of the televised clown parade otherwise known as the 2012 Democrat Convention.
Barack Obama’s stagnant economy saw first-time jobless claims rise again, up to 365,000 last week.