America has added more than a million jobs since President Trump took office.
The US economy gained a strong 209,000 jobs in July, more than economists had expected. The unemployment rate fell to 4.3%, matching a 16-year low. Just after the Great Recession in 2009, unemployment peaked at 10%.
Many economists say the United States is at or near "Full employment," meaning the unemployment rate won't go down significantly more.
While the United States has added 1.07 million jobs during Trump's six months in office, he isn't entirely responsible for the job market's wins and losses. A slew of factors throughout the economy affect hiring decisions. Ref. CNN.
U.S. Lost 33,000 jobs in September as hurricanes take toll, unemployment rate falls to 4.2%. Economists were expecting the government to report about 80,000 job gains for September and an unemployment rate unchanged at 4.4%. Ref. USAToday.
I would still love to see the US unemployment rate show the actual number of those unemployed instead of just showing the number of first time filers. This way we can see the true numbers instead of just some 'feel good' number that they want us to see.
America's job market got back on its feet in October.
The US economy rebounded from the hurricanes and added 261,000 jobs, the best performance of the Trump administration.
Unemployment inched down to 4.1%, the lowest since December 2000. Ref. CNN.
Kimberly-Clark, maker of Kleenex and Huggies, to cut up to 5,500 jobs and close or sell 10 manufacturing plants. The job cuts represent about 12% to 13% of the company's workforce as the consumer products maker tries to shed $500 million to $550 million in costs before 2022 through a massive restructuring plan. Ref. USAToday.
Unemployment is below 4% for the first time since 2000
The unemployment rate has dipped below 4% for the first time since 2000.
The United States added 164,000 jobs in April, the Labor Department reported Friday. That was slightly below what economists expected. Unemployment dropped to 3.9%, the lowest since December 2000. Ref. CNN.
Economy adds disappointing 155,000 jobs in November as hiring slowed amid worker shortages and a trade fight with China. Business optimism also may have been dampened by the stock market’s mid-November sell-off and the sputtering global economy. Initial jobless claims, which largely reflect layoffs, have drifted higher in recent months. Ref. USAToday.