{"id":37692,"date":"2019-12-06T09:02:00","date_gmt":"2019-12-06T14:02:00","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=37692"},"modified":"2019-12-06T09:02:00","modified_gmt":"2019-12-06T14:02:00","slug":"the-trump-economy-3","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=37692","title":{"rendered":"The Trump Economy"},"content":{"rendered":"

The November jobs report was released this morning. CNS News<\/a> posted an article this morning with the numbers.<\/p>\n

The article reports:<\/p>\n

The Labor Department’s Bureau of Labor Statistics says the economy added a whopping 266,000 jobs in November; and for the sixth month in a row, a record number of Americans were counted as employed.<\/strong><\/p>\n

158,593,000 Americans were working in November, the 24th record of Trump’s presidency.<\/strong><\/p>\n

The unemployment rate dropped a tenth of a point to 3.5 percent, a 50-year low.<\/strong><\/p>\n

In November, the civilian non-institutional population in the United States was 260,020,000. That included all people 16 and older who did not live in an institution (such as a prison, nursing home or long-term care facility).<\/strong><\/p>\n

Of that civilian non-institutional population, 164,404,000 were participating in the labor force, meaning that they either had a job or were actively seeking one during the last month. This resulted in a labor force participation rate of 63.2 percent.<\/strong><\/p>\n

The labor force participation rate has never been higher than 67.3 percent, a level achieved in the early months of 2000. The Trump-era high was set last month at 63.3 percent. Economists say retiring baby boomers account for some of the decline since the turn of the century.<\/strong><\/p>\n

This report partially explains why the Democrats are in such a rush to impeach President Trump. Historically a President whose first term includes a booming economy is almost always re-elected. Unless the economy changes drastically in the next year, President Trump will serve two terms. There is also the matter of the electability of the Democrat candidates.<\/p>\n","protected":false},"excerpt":{"rendered":"

The November jobs report was released this morning. CNS News posted an article this morning with the numbers. The article reports: The Labor Department’s Bureau of Labor Statistics says the economy added a whopping 266,000 jobs in November; and for … 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":[1659,2436,459,8967,10589,11928,297,1449],"class_list":["post-37692","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-bureau-of-labor-statistics","tag-cns-news","tag-employment","tag-jobs-report","tag-president-trump","tag-trump-economy","tag-unemployment","tag-unemployment-rate"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/37692","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=37692"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/37692\/revisions"}],"predecessor-version":[{"id":37693,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/37692\/revisions\/37693"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}