UNDER PRESIDENT TRUMP, UNEMPLOYMENT DROPS TO THE LOWEST IN A DECADE
Figures released by the American Labor Department shows that the country’s unemployment rate has dropped to 4.4%. This is the lowest level since May 2007 and it is another landmark achievement for President Donald Trump and the current administration.
According to figures released by the Bureau of Labor Statistics, the American economy gained an additional 211,000 jobs in the month of April. A sharp contrast to the mere 79,000 jobs gained in March. Chief investment strategist at State Street Global Advisors Michael Arone says, "It's a very strong report, we're nearing full employment in the US economy."
Tony Bedikian, the head of global markets for Citizens Bank said the increase in the growth of jobs shows that the situation in March was only a weather-related aberration. Speaking to Business Insider, he said, "Businesses are certainly hiring and there's no sign that we see of any bump in the road in hiring trends”
After a two-month slide, the retail sector added 6,300 jobs and the low rate of unemployment in April showed that almost everyone who looked for a job got one. Several analysts and economists are of the opinion that the United States is nearing a zero unemployment situation and this could mean an increase in wage growth.
Cathy Barrera, chief economic adviser at Zip Recruiter, a job search site, said "The unemployment rate is even lower than expected. We're seeing that continued wage growth. To me, these are all good signs"
This is the third jobs report of President Donald Trump’s administration and during that time, there have been an extra 522,000 jobs in the United States of America.
JOIN THE CONVERSATION.
POST YOUR COMMENTS BELOW.
LIKE AND SHARE THIS PAGE
Facebook’s campaign against Diamond and Silk continues.
The pro-Trump duo are featured in a movie to be released in October and presented by The American Mirror, titled “Dummycrats.”
Check out our Video, Audio and Pictures from the Pocono Raceway "NASCAR."
Two very prominent black pastors in the D.C. area, William Lamar and Delman Coates have filed a lawsuit against Coca-Cola and the American Beverage Association.
California Rep. Adam Schiff has labeled the rumored meeting between fellow Washington Democrats and officials from Ukraine “inappropriate”.
Jesse Watters had a quite busy weekend as he engaged an anti-fascism protester in a debate as the group is calling for violence against the “Trump administration”.
A report released by the Senate on Thursday revealed that the Donald Trump administration has had to deal with one media leak per day since assuming office.
Diamond and Silk does not profess to be expert staticians, but common sense tells us that we need to take a closer look at the current CBO projections in the midst of all the healthcare bill bashing that we are seeing from pundits who just like leaning on nice negative sound bites!!
President Donald Trump met with Enrique Peña Nieto, his counterpart from Mexico on Friday. The duo met at the G20 summit in Hamburg, Germany and President Trump said he "absolutely" wanted Mexico to pay for a massive wall along the US-Mexico border.
Activists are calling for a rehire of a college instructor relieved of her duties last month after she was accused of making racially insensitive remarks during an interview with FOX News.
A Louisiana police officer who sustained wounds in a shooting spree in Baton Rouge last year filed a lawsuit against Black Lives Matter leaders on Friday