Independant wrote:
Thank God for President Trump. The economy is taking off!
The Department of Labor reported a yuuuge drop in initial claims for unemployment insurance. For the four-week period ending June 3, the moving average was 1.92 million people, the lowest level recorded for this average since Jan. 12, 1974 when it was 1.90 million.
According to the Bureau of Labor Statistics, the number of people working increased by 395,000 from February to May of this year, compared to an increase of 15,000 for the same period last year under Obama.
Number of people unemployed is at its lowest level since May 2007, 6.9 million.
The unemployment rate also hit a 16 year low of 4.3 percent in May.
The more telling U-6 unemployment rate, is at 8.4 percent, its lowest level since November 2007.
The four months following President Trump’s inauguration are the only months since February 2009 in which 60 percent or more of Americans were employed. For Americans 24 to 55 years old, the percent employed has reached levels last seen in late 2008.
The independent research firm Sentier recently reported that median household Income has surged since the beginning of the year to $59,361, and “finally surpassed†the level when Sentier began compiling the data in January 2000, which was $58,846. It actually increased more in the first three months of the Trump presidency (about $1,300) than it did during the entire seven and a half years of the Obama recovery (about $1,000).
The National Association of Realtors recently reported that existing home sales hit a 10-year high in March.
The Federal Reserve reported that the net worth for U.S. households and nonprofit groups set a record high of $94.8 trillion in the first quarter of this year, exceeding the 2007 pre-recession peak by $27 trillion.
April job openings hit 6 million, the highest number recorded since the BLS started tracking the data in 2000.
Trump is KILLING it. JOBS JOBS JOBS
MAGA!!
(btw stupid liberals, keep trying to register all the usernames I might use, I enjoy the game ;)