Good News On The Economy

On Thursday, The Western Journal posted an article about the December jobs numbers.

The article reports:

The top economist at the Heritage Foundation made a compelling case for why President Donald Trump’s jobs numbers are better than the headline figure indicates.

The Bureau of Labor Statistics reported last week that a total of 50,000 jobs were added to the economy in December. That’s a holding-steady number. Given the country’s population, it takes upward of 50,000 new jobs to keep the unemployment rate about constant.

Such was true last month when the unemployment rate dropped slightly, by 0.1 percent to 4.4 percent.

The Heritage Foundation’s chief economist, E.J. Antoni, pointed out in a piece for Townhall.com that if you look a little deeper at U.S. employment, there’s some very encouraging information, especially for those holding down multiple jobs to make ends meet.

He highlighted the discrepancy between the 50,000 news jobs figure and the survey of households’ total, finding that the number of people employed in the country jumped by 232,000.

“There’s an explanation for this difference if we dig further into the report, and it indicates a very positive development in the labor market,” Antoni argued.

“The number of multiple jobholders plunged by 444,000 last month, the second-largest drop since the government-imposed Covid lockdowns. Simultaneously in December, the number of part-time jobs declined by 740,000 while full-time employment shot up by 890,000,” he added.

The article notes:

But, Antoni noted, “All the net job growth in 2025 came from the productive private sector, while government jobs declined, due entirely to federal layoffs. It’s a positive development, but it drags down the headline jobs number.”

The BLS reported that federal employment is down 277,000 from January of last year.

Biden presided over a nearly 6 percent increase in the size of the full-time federal workforce during his tenure, with the total cresting 3 million in September 2024 for the first time since 1990, according to USA Facts.

The current number of federal employees is 2.744 million, the lowest since late 2014.

Finally, under Trump, people’s real income is going up, since wage increases are outpacing inflation.

Trump told the Detroit Economic Club on Tuesday, “After real wages plummeted by $3,000 under Sleepy Joe Biden, real wages are up by $1,300 in less than one year under President Trump.”

Inflation is a major tax on all Americans. Just bringing inflation down to manageable levels increases affordability.

About The November Jobs Report

On Tuesday, CNBC reported that delayed jobs numbers show payrolls rose by 64,000 in November after falling by 105,000 in October. That’s good news, but there is even better news in the details of the report.

A Press Release from U.S. Secretary of Labor Lori Chavez-DeRemer states:

“November’s jobs report shows our economy continues to gain momentum despite the economic mess President Trump inherited from the Biden administration and the reckless Democrat shutdown. With 64,000 jobs added in November, more and more Americans are coming off the sidelines and working in the private sector. Investment has been booming thanks to the President’s America First policies, leading to strong nonresidential construction growth.

“Importantly, the growth we are seeing is concentrated in the private sector and among native-born Americans. Federal employment has retreated to the lowest level in over a decade, completely reversing the previous administration’s federal hiring frenzy.

“The Trump Administration remains laser-focused on making life more affordable for all Americans. Average private sector weekly earnings are on track to rise 4.2 percent during the President’s first year in office, providing working families with more purchasing power as wages outpace inflation. We will continue to double down on our efforts to put American Workers First by building a Golden Age of economic prosperity.”

We have no workforce participation rate figures from October because of the government shutdown. In September the rate was 62.4; in November it was 62.5. That is a number that changes very slowly, but it is moving in the right direction. It was 62.4 in February, President Trump’s first full month in office.

One thing to notice in this press release and in the President’s speech on Wednesday night is the statement about the economic mess created by the Biden administration. Many Americans suffered under Biden economics. Because of the economic policies of President Trump, many Americans are now climbing out of the hole they were in because of the economic policies of the Biden administration. We need to send businessmen to Washington–not politicians.