THE TRUMP ECONOMIC MIRACLE
With the economy going so well, let’s hope American voters do not shift gears and empower politicians who espouse policies that have failed miserably both here and throughout the world
By Jeff Crouere —— Bio and Archives--October 8, 2018
American Politics, News | Comments | Back To Full Article
The U.S. economy is the strongest in the world and it shows no signs of slowing down. On Friday, another incredible economic report was released as the September unemployment rate dropped to 3.7%, the lowest since 1969. Among Hispanics and Latinos, the unemployment rate was only 4.5%, the all-time lowest level in history, while among African Americans, the unemployment rate was 6.0%, near the record low.
Not only are people finding work, but Americans are earning more. Compared to September of 2017, wages increased 2.8%, while the typical work week remained steady at 34.5 hours. While only 134,000 new jobs were created in September, the employment numbers for August were revised upward to 270,000. Thus, over the last year, an average of 201,000 new jobs were created each month. Welcome to CFP’s Comment Section!
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