President Trump’s First Year Was the Year of the Stock Market – 2018 Will Be Known as “YEAR OF THE WORKER”
Guest post by Joe Hoft
Barack Obama, the worst president in modern history, was asked in June 2016 about the Carrier Corp jobs in Indiana.
Obama told the crowd the manufacturing jobs weren’t coming back.
“When somebody says like the person you just mentioned who I’m not going to advertise for, that he’s going to bring all these jobs back. Well how exactly are you going to do that? What are you going to do? There’s uh-uh no answer to it. He just says. “I’m going to negotiate a better deal.” Well how? How exactly are you going to negotiate that? What magic wand do you have? And usually the answer is, he doesn’t have an answer.
Last November ADP Services reported the largest number of new manufacturing jobs in history – 40,000 in one month!
President Trump continued to add manufacturing jobs back in to the economy at an amazing rate.
In August 2018 the US added more manufacturing jobs than at any time since 1995. In October 2018 the Trump economy added 32,000 new manufacturing jobs. The total manufacturing jobs added under President Trump through that time was over 430,000 in less than two years.
CNS News reported:
Manufacturing jobs in the United States increased by 32,000 in October and have now increased by 434,000 during the presidency of Donald Trump, according to data released today by the Bureau of Labor Statistics.
In December 2016, the month before Trump was inaugurated, there were 12,351,000 manufacturing jobs in the United States. In October 2018, there were 12,785,000—amounting to a gain of 434,000 over the past 22 months.
In November 2018, unemployment stood at 3.7% – the lowest rate in a half a century. Unemployment was below 4% for the first time this century and for the 7th time this year in 2018.
In the US this year there were actually more job openings than there were workers!
This is why top US economist Stephen Moore labels 2018 the “Year of the Worker” and the President noticed –
2018 is being called “THE YEAR OF THE WORKER” by Steve Moore, co-author of “Trumponomics.” It was indeed a great year for the American Worker with the “best job market in 50 years, and the lowest unemployment rate ever for blacks and Hispanics and all workers. Big wage gains.”
— Donald J. Trump (@realDonaldTrump) December 29, 2018