Then-candidate Donald Trump promised American voters and workers that his tax, trade and deregulatory policies would deliver jobs and prosperity, and that is a promise that now-President Trump has kept thus far.
The Department of Labor’s jobs report for the month of May was released on Friday, and it revealed employment statistics far better than what had been predicted by the economic analysts and “experts.”
According to Breitbart, the U.S. economy added roughly 223,000 nonfarm payroll jobs over the course of May, beating the estimate of around 190,000 new jobs.
The overall unemployment rate also dropped down to 3.8 percent instead of holding steady at 3.9 percent, as had been predicted.
Broken down by demographics, that rate includes 3.5 percent for white workers, a historically low 5.9 and 4.9 percent for blacks and Hispanics, respectively, and an astonishing 2.1 percent unemployment for Asian workers.
Of those new jobs added to the economy, some of the strongest sectors included construction (25,000), manufacturing (18,000), health care (29,000) and even retail (31,000), all of which have been trending higher over the past year.
Meanwhile, average hourly wages increased slightly — 2.7 percent higher than this point last year — a key indicator finally moving up that has been lagging behind other economic metrics for some time.
A sure sign that the economy is not only booming but on solid footing as well is the fact that businesses are also investing more in their own infrastructure and growth by way of new equipment like industrial machinery, computers and software.
All of that has contributed to increased economic optimism looking forward, with some analysts and experts predicting a gross domestic product growth rate of well more than 4 percent over the second quarter of the fiscal year, which could place the nation on the path for an average GDP growth rate of around 4 percent on the entire year.
Recall all of the so-called “experts” who issued dire predictions that Trump’s policies would result in lost jobs and higher unemployment, or that he would never see a GDP higher than 2-3 percent.
[show_poll poll_id=324]
As it turns out, cutting taxes for corporations and individuals alike, not to mention rolling back oppressive and unnecessary regulations, has worked out well for the U.S. economy thus far.
Who would’ve thought that placing a successful businessman in charge of the nation would create a pro-business environment in which businesses and the economy would flourish and prosper?
1,602 Responses
I precisely wanted to appreciate you once again. I do not know what I would’ve implemented without these tactics documented by you concerning this question. This has been the horrifying issue for me personally, nevertheless taking a look at the well-written technique you managed it made me to cry for delight. I will be happier for the support and have high hopes you really know what a powerful job that you are providing instructing people with the aid of your webpage. Most likely you have never got to know all of us.
We’re a group of volunteers and starting a new scheme in our community. Your site offered us with valuable information to work on. You’ve done a formidable job and our entire community will be thankful to you.
Thanks for one’s marvelous posting! I actually enjoyed reading it, you will be a great author.I will be sure to bookmark your blog and may come back in the future. I want to encourage you to ultimately continue your great writing, have a nice evening!|
When I originally commented I appear to have clicked the -Notify me when new comments are added- checkbox and from now on each time a comment is added I get 4 emails with the exact same comment. Perhaps there is an easy method you are able to remove me from that service? Thank you!
What’s Taking place i am new to this, I stumbled upon this I have found It positively helpful and it has helped me out loads. I’m hoping to give a contribution & aid other customers like its aided me. Good job.
Hi my family member! I wish to say that this post is awesome, great written and come with almost all important infos. I’d like to look more posts like this .
Unquestionably believe that which you stated. Your favorite justification appeared to be on the web the simplest thing to be aware of. I say to you, I definitely get annoyed while people think about worries that they plainly don’t know about. You managed to hit the nail upon the top and defined out the whole thing without having side-effects , people can take a signal. Will probably be back to get more. Thanks
Aw, this was a really nice post. In concept I wish to put in writing like this additionally – taking time and actual effort to make an excellent article… but what can I say… I procrastinate alot and not at all seem to get one thing done.
Just want to say your article is as surprising. The clarity to your post is just spectacular and that i could think you are an expert on this subject. Fine with your permission allow me to seize your RSS feed to stay updated with forthcoming post. Thanks a million and please continue the rewarding work.|
After going over a handful of the blog articles on your site, I seriously like your technique of writing a blog. I saved it to my bookmark website list and will be checking back in the near future. Take a look at my web site as well and tell me what you think.|
Hello! This post could not be written any better! Reading through this post reminds me of my good old room mate! He always kept talking about this. I will forward this page to him. Fairly certain he will have a good read. Thank you for sharing!
bookmarked!!, I really like your website!
It’s laborious to search out knowledgeable folks on this subject, but you sound like you already know what you’re talking about! Thanks
Hello. Great job. I did not expect this. This is a fantastic story. Thanks!
Aw, this was a really good post. Spending some time and actual effort to create a superb article… but what can I say… I hesitate a lot and never seem to get anything done.
After looking over a handful of the blog posts on your site, I seriously appreciate your way of blogging. I saved as a favorite it to my bookmark webpage list and will be checking back soon. Please check out my website as well and tell me your opinion.
Good information. Lucky me I found your site by accident (stumbleupon). I’ve book marked it for later!
I was wondering if you ever considered changing the page layout of your website? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having 1 or two pictures. Maybe you could space it out better?
Pretty! This was a really wonderful article. Thanks for providing this info.
I truly love your site.. Great colors & theme. Did you make this website yourself? Please reply back as Iím wanting to create my own personal website and would like to find out where you got this from or exactly what the theme is called. Thanks!
Woah! I’m really enjoying the template/theme of this website. It’s simple, yet effective. A lot of times it’s very hard to get that “perfect balance” between usability and visual appeal. I must say that you’ve done a superb job with this. Additionally, the blog loads very fast for me on Chrome. Superb Blog!|
After looking at a number of the articles on your web page, I truly like your way of writing a blog. I bookmarked it to my bookmark website list and will be checking back soon. Please check out my web site as well and let me know your opinion.
There’s certainly a great deal to know about this issue. I like all the points you’ve made.
When I initially commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get three e-mails with the same comment. Is there any way you can remove me from that service? Thanks a lot!|
Way cool! Some very valid points! I appreciate you penning this article and also the rest of the site is very good.
I quite like reading an article that can make men and women think. Also, thanks for permitting me to comment!|
I have been exploring for a bit for any high quality articles or blog posts in this sort of house . Exploring in Yahoo I finally stumbled upon this site. Studying this information So i am happy to convey that I have an incredibly just right uncanny feeling I came upon just what I needed. I most indisputably will make certain to don’t forget this web site and provides it a look on a constant basis.
I blog often and I seriously thank you for your content. The article has really peaked my interest. I’m going to book mark your website and keep checking for new details about once a week. I opted in for your RSS feed as well.|
Very nice write-up. I absolutely love this website. Keep writing!
I visited multiple blogs however the audio quality for audio songs current at this web page is in fact excellent.|
Hello there! This is kind of off topic but I need some guidance from an established blog. Is it very difficult to set up your own blog? I’m not very techincal but I can figure things out pretty quick. I’m thinking about creating my own but I’m not sure where to start. Do you have any points or suggestions? Many thanks|
Howdy! This is my first visit to your blog! We are a collection of volunteers and starting a new initiative in a community in the same niche. Your blog provided us valuable information to work on. You have done a extraordinary job!|
Neat blog! Is your theme custom made or did you download it from somewhere? A theme like yours with a few simple tweeks would really make my blog jump out. Please let me know where you got your design. Thank you|