CNS News
August 4, 2017
President Trump was awake early on this “employment report” Friday, tweeting about jobs, regulation-busting, and consumer confidence, among other things.
Excellent Jobs Numbers just released – and I have only just begun. Many job stifling regulations continue to fall. Movement back to USA!
— Donald J. Trump (@realDonaldTrump) August 4, 2017
A few hours later, the Labor Department’s Bureau of Labor Statistics said the economy added 209,000 jobs in July; the number of employed people jumped by 345,000 to 153,513,000 in July, setting a third straight monthly record; the number of Americans counted as not in the labor force, meaning they don’t have a job and are not looking for one, dropped for a third straight month to 94,657,000; and the nation’s unemployment rate also dropped a tenth of a point, to 4.3 percent.
The labor force participation rate, held down in part by a wave of Baby Boomer retirements, was 62.9 percent in July, slightly better than it has been in recent months, but still close to its 38-year low of 62.4 percent in September 2015. (The record high ws 67.3 percent in 2000.)
In July, the nation’s civilian noninstitutionalized population, consisting of all people age 16 or older who were not in the military or an institution, reached 255,151,000. Of those, 160,494,000 participated in the labor force by either holding a job or actively seeking one.
Consumer confidence is at a 16 year high….and for good reason. Much more regulation “busting” to come. Working hard on tax cuts & reform!
— Donald J. Trump (@realDonaldTrump) August 4, 2017
….and don’t forget that Foxconn will be spending up to 10 billion dollars on a top of the line plant/plants in Wisconsin.
— Donald J. Trump (@realDonaldTrump) August 4, 2017
Toyota & Mazda to build a new $1.6B plant here in the U.S.A. and create 4K new American jobs. A great investment in…