Handing the keys to the White House to Donald Trump may have been the worst day of Barack Obama’s life.
There’s perhaps nobody he dislikes more than Trump.
And Trump just got amazing news that will infuriate Barack Obama.
Since being elected President, Donald Trump has been public enemy number one to the left.
They can’t stand him, and are hoping that he fails as President.
But so far Trump has far exceeded expectations, and followed through on many of his promises.
Following through on promises is one thing that Obama could virtually never do.
He made it seem as though following through with his promises was impossible.
But President Trump is proving that is untrue.
Trump promised to bring jobs back, and just last month he followed through on that “big league.”
The U.S. economy added 164,000 jobs in April, forcing unemployment down to 3.9 percent, the lowest since before the bursting of the tech bubble at the end of last century.
This is a huge sign that jobs are coming back.
Much of this has to do with Trump’s tax plan, along with higher confidence on the economy.
But this is infuriating to Obama, whose unemployment rate was never this low.
As reported by Breitbart:
“The U.S. economy added 164,000 jobs in April and unemployment ticked down to 3.9 percent, the lowest since before the bursting of the tech bubble at the end of the last century.
Economists had forecast nonfarm payrolls to grow by 192,000 and unemployment to tick down from 4.1 percent to 4.0 percent, according to Thomson Reuters. The unemployment rate had been stuck at 4.1 percent for sixth months.
April’s employment report showed that hiring has snapped back from a particularly weak March when the economy added just 135,000 jobs, according to the revised figure released Friday. Initially, March was reported to have added just 103,000 jobs. March’s weakness was likely due to harsh weather and payback from a particularly strong hiring month in February, which added 324,000 jobs after Friday’s revisions.
The upward revision of March’s numbers may help explain why April’s numbers fell short of expectations. The 30,000 or so jobs that weren’t created in April were actually created earlier in the year.
The black unemployment rate fell to a seasonally adjusted 6.6 percent, the lowest figure on record. Because the white unemployment rate remained unchanged at 3.6 percent, the gap between white and black unemployment narrowed.
Job growth was broad-based. Professional services, manufacturing, mining, and health care all added jobs. Manufacturing saw employment grow by 24,000 jobs. Over the past 12 months, manufacturing has added 245,000 jobs.
Wage growth was weaker than expected, indicating that wages rose at the equivalent of an annualized rate of 2.6 percent. Economists had expected a 2.7 percent rate, according to Thomson Reuters. The level of wage growth is considered an important factor in attracting Americans to return to the workforce.”
The numbers don’t lie; President Trump is following through on his promises.
With the unemployment rate way below projections, he clearly is doing good things for America.
Do you think President Trump is doing a good job?
Let us know your thoughts in the comments section below.
