{"id":33552,"date":"2018-06-01T16:48:22","date_gmt":"2018-06-01T20:48:22","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=33552"},"modified":"2018-06-01T16:48:22","modified_gmt":"2018-06-01T20:48:22","slug":"the-trump-economy-keeps-rolling-along","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=33552","title":{"rendered":"The Trump Economy Keeps Rolling Along"},"content":{"rendered":"

The Wall Street Journal<\/a> posted an article today about the latest unemployment numbers. There is lots of good news.<\/p>\n

The article reports:<\/p>\n

The U.S. labor market was firing on all cylinders in May: the unemployment rate fell to an 18-year low, employers added jobs at a faster pace and wages modestly improved.<\/strong><\/p>\n

The unemployment rate ticked down to a seasonally adjusted 3.8%<\/a>, matching April 2000 as the lowest reading since 1969, the Labor Department said Friday. Nonfarm payrolls rose a seasonally adjusted 223,000 in May, a jump from gains from March and April. Average hourly earnings ticked up to a 2.7% from a year earlier\u2014and raises were even stronger for nonmanagers.<\/strong><\/p>\n

According to the Bureau of Labor Statistics<\/a> the workforce participation rate is at 62.7. That number has fluctuated very little since January 2016. It should increase as the economy further improves.<\/p>\n

The article further reports:<\/p>\n

A broad measure of unemployment and underemployment that includes Americans stuck in part-time jobs or too discouraged to look for work fell to 7.6% from 7.8% the prior month. That rate, known as the U-6, remains somewhat elevated compared with the last time unemployment was similarly low. In April 2000, the broader measure was 6.9%.<\/strong><\/p>\n

Like him or hate him, Donald Trump understands what was needed to grow the American economy. I am grateful that he is helping all of us to prosper.<\/p>\n

The article also reports:<\/p>\n

The unemployment rate for women, 3.6% last month, was the lowest since 1953, when far smaller share of women sought jobs. The jobless rates for blacks, Latinos and those without high-school diplomas are trending near record lows.<\/strong><\/p>\n

It is amazing what has happened to the economy in the last eighteen months. I suspect that not everyone is cheering.<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Wall Street Journal posted an article today about the latest unemployment numbers. There is lots of good news. The article reports: The U.S. labor market was firing on all cylinders in May: the unemployment rate fell to an 18-year … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[9804,4187,3357,459,2788,1449,6569,238,4502,8701],"class_list":["post-33552","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-american-economy","tag-bureau-of-labor-statistic","tag-donald-trump","tag-employment","tag-labor-department","tag-unemployment-rate","tag-wage","tag-wall-street-journal","tag-workforce","tag-workforce-participation-rate"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/33552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33552"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/33552\/revisions"}],"predecessor-version":[{"id":33553,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/33552\/revisions\/33553"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}