Posted on 08/03/2018 11:13:25 AM PDT by Enlightened1
Following last month’s strong employment report, the numbers released on Friday were even better in some respects.
The Labor Department's Bureau of Labor Statistics says a record 155,965,000 people were employed in July, the 11th record-breaker since President Trump took office 19 months ago.
"Our economy is soaring. Our jobs are booming. Factories are pouring back into our country, they coming from all over the world. We are defending our workers," President Trump told a campaign rally in Pennsylvania on Thursday.
BLS said the economy added 157,000 jobs in July (compared with a revised 248,000 in June).
The unemployment rate edged down to 3.9 percent, as the number of employed people reached new heights, and the number of unemployed persons declined by 284,000 to 6,280,000 in July.
Among the major worker groups, the unemployment rates for adult men (3.4 percent) and Whites (3.4 percent) declined in July. The jobless rates for adult women (3.7 percent), teenagers (13.1 percent), Blacks (6.6 percent), and Asians (3.1 percent), showed little or no change over the month. The unemployment rate for Hispanics hit a record low of 4.5 percent, down from last month's record 4.6 percent.
The labor force participation rate, at 62.9 percent in July, was unchanged over the month and over the year.
In July, average hourly earnings for all employees on private nonfarm payrolls rose by 7 cents to $27.05. Over the year, average hourly earnings have increased by 71 cents, or 2.7 percent.
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 257,843,000. Of those, 162,245,000 participated in the labor force by either holding a job or actively seeking one.
The 162,245,000 who participated in the labor force equaled 62.9 percent of the 257,843,000...
(Excerpt) Read more at cnsnews.com ...
President Trump has found Obama’s “magic wand” hidden in plain sight in the American people and the US Constitution. At every set record, President Trump proves what a dismal and traitorous president Obama was and the people who support his policies.
Trump’s fault.
THIS kind of news is what is really grating the liberal media, and not Acosta getting his hand spanked.
Bingo!
Exactly!
The Fake Stream News hates good news.
WINNING!
I saw a few LSM pieces (of garbage) saying “Trump missed projected job growth.” Well that was of course based on their own absurd projections - which Trump still almost hit.
Google said thete is only 125 million adults as of 2014????
There are well over 200 million people eligible to vote, so someone’s misunderstanding something!
That seems low. Maybe that’s age 22-65?
MAGA!!!
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