WASHINGTON, D.C. – The U.S. economy added 228,000 jobs in November, and wages are on the rise, according to new data released this week.
U.S. Secretary of Labor Alexander Acosta issued the following statement on the November 2017 Employment Situation report:
“November’s jobs report shows steady growth fueled by optimism about the pro-growth, pro-jobs policies being advanced by President Trump’s Administration. Last month, the American economy added 228,000 jobs. Since January, the economy has added 1.7 million jobs.
“The unemployment rate remains at a 17-year low of 4.1%. The unemployment rate in manufacturing dropped to 2.6%, the lowest ever recorded. The unemployment rate among Hispanics dropped to 4.7%, the lowest ever recorded. The unemployment rate for individuals with less than a high school diploma dropped to 5.2%, also the lowest ever recorded. While the unemployment rate remains low, wage growth at 2.5% is below expectations. Stronger wage growth will put more dollars in the pockets of working Americans.
“For two consecutive quarters, GDP growth topped 3%. Consumer confidence is at a 17-year high. Since Election Day, November 2016, the Dow Jones Industrial Average has moved from 18,000-plus to over 24,000, an increase of more than 30%. This economic growth has increased the value of Americans’ 401(k) and retirement accounts.
“Job creation, wage growth, and retirement savings drive prosperity and financial security. Strong growth in all is necessary.”
The total number of people claiming unemployment benefits in all programs for the week ending November 18 was 1,647,426, a decrease of 113,775 from the previous week. There were 1,785,900 persons claiming benefits in all programs in the comparable week in 2016. In the week ending December 2, the advance figure for seasonally adjusted initial claims was 236,000, a decrease of 2,000 from the previous week’s unrevised level of 238,000. The 4-week moving average was 241,500, a decrease of 750 from the previous week’s unrevised average of 242,250.
I agree with Louie and the anonymous guy who said your meds need to be refilled. These are the same stats that were used during President Obama’s term of office and you trumpeters said that was fake news. How has it changed? Same reporting organization.
As usual you are listening to the left wing B.S. sites. Wake up and get with the program.
Every thing Obama did or said was a lie. From where he was born to his wife being a man. He did more to destroy this country than any other president in history. Even Clinton turning the White House into a whore house was not as bad as Obama. He and anyone who voted for him should be run out of the country as the traitors they are.
It is a free country you moron. I can vote for anyone I choose to vote for and I do.
You are a idiot posing as a teacher. There are penalty’s for being stupid.
And, you can be held accountable for voting stupid.
Bullsh!t. Around here they say there hiring and they are not. Just more advertising. So, what’s it going to be. Get your act together or not. In order for greed to function it needs to lie. And doom will follow. Pretty sure there’s plenty people around who’d have a tough time fighting there way out of a paper bag. lol
Get off the drugs and you will get hired. Company insurance will not cover drug users.
Have a lucrative job and always have. As for your drug comment you can stick it where the sun don’t shine. Obviously this is a piss poor excuse for your lack of understanding on the ruse that is pulled over on many hard working people. There a place reserved for you on the doom train coming soon… ‘Greed Express’. lol
Who are the engineers on the “greed express’? Billary and Hillary?
President Trump has proven himself to be a great American leader.
America is finally being respected around the world.
America is safer!
America’s economy has greatly improved.
President Trump has eliminated restrictive regulations to improve business and jobs.
America’s illegal immigration has been dramatically reduced.
America has added 2.2 million jobs due to President Trump!
President Trump has allowed our military to do their job and defeat ISIS. ISIS is on the run!
President Trump has acknowledged Jerusalem is the capital of Israel.
President Trump has exposed the corruption in the US government.
President Trump is draining the swamp.
President Trump is speaking for the working men and women in America. FINALLY, we have a President who cares about middle class Americans,.
Black home ownership is at an all time high,
Wages are going up!
President Trump is cutting our taxes and creating jobs and bringing back factories from overseas. Cutting corporate taxes helps all Americans.
President Trump has stopped using “political correctness” as a weapon against the American People.
President Trump has stopped the war on Christians!
President Trump is saying MERRY CHRISTMAS.
This list is by no means complete and more good things are to come.
MERRY CHRISTMAS AND THANK YOU PRESIDENT TRUMP!!!!1
Refill your meds.
Trump is doing a great job creating jobs for everyone.
Thank you President Trump for MAKING AMERICA GREAT AGAIN!
Yea!!