Guest post by Joe Hoft
President Trump’s Economy is Simply “On Fire”.
Job numbers released today through the end of November show an increase of 2.2 million jobs since last years election and an unemployment rate of 4.1 percent. After the same period under Obama, (4.8) million jobs were lost and unemployment skyrocketed to 9.9 percent!
President Trump’s economic results could arguably be the best all time. The stock market is the highest ever and jobs are being created by the thousands.
Jobs
According to data released today by the Bureau of Labor Statistics, President Trump added a projected 1.9 million jobs in the first eleven months of the year (January through November 2017) and 2.2 million jobs since last year’s election.
The same cannot be said for President Obama’s first eleven months as he lost 4.8 million jobs. Obama was so bad at creating jobs that by the end of his second term he said that jobs were not coming back. This showed in his first eleven months in office because in every month the US lost jobs.
Unemployment
Also according to the Bureau of Labor Statistics the US unemployment rate this year has been below January’s rate every month (January through September 2017.) The unemployment rate in January 2017 was 4.8 percent and by November it was down to 4.1 percent. These are the lowest rates in 17 years.
President Obama on the other hand again moved in the opposite direction. In his first eleven months as President the US unemployment rate increased every month from 7.8 percent in January 2009 to 9.9 percent by November of 2009.
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