Addressing the elephant in the room

Crazy good economic news has to be driving the press and Socialist Democrats crazy, UPDATE

economic

Black and Hispanic unemployment for April are at record low. Please don’t tell the Congressional black caucus wouldn’t want to ruin their day.

The unemployment rate for black workers dropped to 6.6 percent, beating the previous record low of 6.8 percent set in December.

The jobless rate for Hispanics fell to 4.8 percent, tying the record reached last year and in 2006.

The economic news coming out of Washington has to be driving the mainstream press and Socialist in America crazy. Does anyone think if Hillary Clinton had won the election any of this economic news or the news that Kim Jong Un will meet with President Trump in May of this year to discuss denuclearization.

The economy added 313,00 non farm related jobs in February, crushing expectations, while the unemployment rate remained 4.1 percent, a low since the early 70’s.

An increase in the labor force participation rate to its highest level since September 2017 helped keep the unemployment rate steady as the numbers of those not in the workforce slipped by 653,000 to just over 95 million.

The total counted as “employed” in the household survey surged by 785,000 to a record 155.2 million.

economic

Manufacturing added 31,000 jobs in February,” the Bureau of Labor Statistics said in its monthly employment report released today. “Within the industry, employment rose in transportation equipment (+8,000), fabricated metal products (+6,000), machinery (+6,000), and primary metals (+4,000).”

The last time there were more manufacturing jobs in the United States than there were in February was in December 2008, the last month before President Barack Obama took office. That month, according to BLS, there were 12,850,000 manufacturing jobs. But, in January 2009, the month Obama was inaugurated, manufacturing jobs dropped to 12,561,000—and did not move back above 12,600,000 until last month.

The total counted as “employed” in the household survey surged by 785,000 to a record 155.2 million.

The black unemployment rate fell back down after after a slight spike in January. The unemployment rate for February was 6.9 percent.

President Trump touted the low black unemployment rate in his state of the union while the congressional black caucus sat and scowled. Unable to even be happy about good economic news for the black Americans they represent.

The stock market is also very happy about the great economic news with the market up 330 points already today. President Trump is proving the establishment politicians in Washington wrong in every respect.

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