In fact, the job market is in a record-breaking boom, with over 7.08 million jobs available for October. That’s the second highest level since President Trump’s economy recorded 7.3 million in August.
By contrast, there were just 6.08 million Americans classified as unemployed in October.
NBC reported, “The survey shows a tightening jobs market at a time when questions are arising over the broader economy’s strength.
But, the U.S. is coming off its strongest year since the Great Recession.
JOLTS data showed a strong picture for employment, a 16.8 percent increase.
“Hires rose 3.4 percent over the previous month and 5.2 percent from the same month a year ago.”
“The number of long-term unemployed (those jobless for 27 weeks or more) declined by 120,000 to 1.3 million in November. These individuals accounted for 20.8 percent of the unemployed.
“Both the labor force participation rate, at 62.9 percent, and the employment-population ratio, at 60.6 percent, were unchanged in November.”
Another key indicator, the quits level, declined. That metric is generally used as an indicator of worker confidence.
Many of the other measurements remained steady. “Nonfarm payrolls rose by 237,000 in October and 155,000 in November.”
Many people recognize the fact that it must gall these liberal networks to have to report on such staggering growth.
Despite all of Obama’s claims, the American people realize that the massive uptick in employment is due to President Trump and his administration’s push to roll back egregious regulations that stifled the economy.
Liberal policies allowing amnesty, globalist tax levels, kickbacks everywhere and other socialist economy-killers are now a thing of the past, but with the House in the hands of leftists over the next two years, President Trump will have his hands full dealing with their shenanigans.
Many people hope that voters will not forget the economic boom when it’s time to vote again in 2020.