Wednesday, May 15, 2019

The Blue-Collar Jobs Boom Nobody Seems To Notice (Because It’s Happening Under Trump)

More good news against the din of derangement.

From John Merlin at Issues & Insights, "We compared job growth by industry for the 27 months after Trump took office in January 2017 to President Obama’s last 27 months in office, using data from the Bureau of Labor Statistics.

Overall, Obama beats Trump — 5.5 million to 5.2 million. But break the numbers down and something interesting emerges.

Under Trump, jobs in goods-producing industries — manufacturing, construction, mining — have been increasing at a much faster clip than when Joe Biden was vice president. These are the jobs Democrats are constantly promising that their policies will create and protect.

The data show that the economy created 1.2 million goods-producing jobs since Trump took office. That’s more than twice as many as were created in Obama’s last 27 months in office (455,000)."

The U.S. economy is booming. Unemployment is at a 50 year record low; Real wages are increasing; The stock market is at record high; Did you know that? Have you been reading those healines? No, of course not.

But you'll read it here:

Private Payrolls Grew Last Month by 275,000 in Biggest Increase Since July; 'Unexpectedly!'

Trump Economy Roars On 'Unexpectedly!': 1st Q GDP Highest Since 2015 at 3.2%