Trump Power: Unemployment Rate Hits 10-Year Low

Posted On 07 May 2017

After eight years of sluggish recovery, America is once again hitting its stride. And while it’s early to begin crediting President Donald Trump with kickstarting the economy, it’s not to early to lay the blame for those long years of stagnation directly at the feet of Mr. Barack Obama.

According to the latest numbers from the federal government, American employers added another 211,000 jobs to the marketplace last month, bringing the unemployment rate down to 4.4% – it’s lowest mark since May of 2007. Conservatives have spent much of the last four years insisting that the unemployment rate is not the end-all-be-all when it comes to telling the true story of the economy, but this is a positive sign no matter who occupies the White House.

Not only was this a huge leap over the lackluster growth of the Obama years, it was a nice jump over March, when less than 80,000 jobs were added to the economy. And while we’re still waiting for reports that show us the GDP is growing at a faster rate – last quarter’s 0.7% growth rate was lamentable at best – the job report combined with the continued good news on Wall Street should give Americans the confidence they need to really get out there and participate.

Trump’s Secretary of Labor, Alexander Acosta, said that there were signs everywhere that the U.S. was on the verge of a major economic breakthrough.

“This steady and sustained increase in job creation equals new paychecks for American workers and income for American families,” Acosta said. “Nonetheless, we have challenges ahead as we continue to focus on job growth, on bridging the skills gap and on expanding opportunity for all Americans.”

All of these numbers could improve greatly as Republicans make good on their promise to repeal and replace Obamacare. If the final bill on President Trump’s desk resembles the one that just passed the House, it could relieve the American people of more than a trillion dollars in burdensome taxation. If that doesn’t stimulate the economy, nothing will.

Trump and the Republicans want to directly go after tax reform next, which will be a much more difficult sell than healthcare. With taxes, they’re going to need at least a little bit of help from the Democrats. Still, if they can put together a package that can clear the Senate, Trump could actually make good on his 4% growth plan and we could see a whole new day in American prosperity.

About the Author

In War on Religious Freedom, Trump Just Returned Fire

gotabgood

And while it’s early to begin crediting President Donald Trump with kickstarting the economy, it’s not to early to lay the blame for those long years of stagnation directly at the feet…
To finish the statement. At the feet of congress and the senate!

Here is a partial list that would have helped American families and job growth…

Here are just a few of the hundreds of bills Senate Republicans have filibustered since President Obama took office — just a few:

Infrastructure bills
The following headlines are from last week’s “Full Employment Is More Than Possible. It Is Essential.“

2011: “Republicans filibuster Obama infrastructure bill”
2012: “‘Phantom filibuster’ blocking path forward for highway bill, says Reid“
2013: “Bipartisan Transportation and Housing Bill Filibustered“
Equal Pay for Women
Minimum wage increase
Creating American Jobs and Ending Offshoring Act
Bring Jobs Home Act – stop tax breaks for moving jobs and production facilities out of the country
Teachers and First Responders Back to Work Act of 2011 – rehire 400,000 teachers, firefighters, paramedics and police officers.
Student loan reform – ease the crushing burden of student loan debt by at least allowing refinancing to lower interest rates
Extended unemployment benefits – for the long-term unemployed
Employee Free Choice Act (EFCA) — let working people join unions – filibustered in 2007, killed by threat of filibuster 2009
Public Safety Employer-Employee Cooperation Act – let public safety officers join unions
The Buffett rule – ensure millionaires pay a comparable tax rate to middle-class Americans
Repeal Big Oil Tax Subsidies Act..
You really should be ashamed for what you allowed your leaders do to our country
- InternetCensorsREvil
  
  And what was the pork buried in all of those bills?
  
  It is disingenuous, to say the very least, to blame Republicans for lackluster growth of the Obama administration without first looking in depth at the full impact of what was in those bills.
  
  If you read between the lines, this act was not much more than a tool to give unions more power – something they really do not need.
  
  In fact, we need fewer unions or better still no unions at all.
  – Unions are a critical factor in inflation – workers strike, the strike is eventually settled, the employer increases the cost of goods manufactured or processed to compensate for losses… a vicious cycle.
  – Unions aren’t much more than a PAC which collects money which is then given to Democrat candidates, regardless of how the employees feel.
  – Unions are no longer necessary, period. When unions first came on the work scene around the time the civil war ended, they were necessary. In due time, major labor laws were enacted which addressed the egregious treatment of employees by greedy employers. Today, the Departments of Labor (Federal and State) enforce those laws. What is left for unions today except to enlarge their pockets? Nothing
  – Many people won’t work for a union. If they want to work, however, they are forced to join a union just to feed their families. A person should be able to obtain a job w/o being forced into a union. The Unions don’t like that idea because it undermines their power over the employer
  - barnjoer
    
    Dang, you took the words right out of my mouth!! Good Job!!
    - Marialice Barone
      
      The teachers union is the worst..destroyed public education..keeping ineffective teachers in a school system because they are union members!
      Private industry would fire them!
  - bill14729 .
    
    So True
  - curmudgeon VN Veteran
    
    Excellent post!
  - gotabgood
    
    The pork was from the right… cut Medicare… cut Social Security…. Cut food stamps….. cut welfare…. cut science….. cut planned parenthood….. if it doesn’t have this three letter word in it… C-U-T …. it will not pass!!
    - InternetCensorsREvil
      
      Education time for the politically “thick headed”:
      
      Cuts are not, repeat not pork.
      
      In politics the term “pork barrel” is a negative one. It means that legislation is passed or special projects of the government are sent to a Congress representative’s home district to improve the area of that officials constituents.
      
      So, your statement is, at best contradictory but is about par for the course for what common sense conservatives have come to expect from snowflake Obama apologists.
      - gotabgood
        
        Maybe you are right….. I will tell you my thoughts, which could be wrong. I was under the impression when a bill comes through and you ADD something to it to benefit YOUR cause… and for the rightwing, to benefit THEIR cause is to CUT….
        You never add anything for the people…. you take away from them…… and give to the rich..
      - InternetCensorsREvil
        
        Adding something, yes but adding something which specifically benefits a small democratic – your own constituents.
        
        Such pork ADDS to budget.
        
        Insisting that a bill be budget neutral, such as with Trumps 2018 budget (increase military spending by 54 billion, cut 54 billion from other gluttonous federal departments), is good and responsible government.
        
        Running up the deficit into the trillions, borrowing foreign money to pay for your pork… robbing Peter to pay Paul.
        
        Eventually Peter gets wise and says no more
      - iamtrue
        
        Wow u lied again u can have a civil conversation see it is possible to b on opposite side have different opinions and get along try it more often u may find it enjoyable i myself love this side of u.
      - gotabgood
        
        When you speak to me with one liners…calling headlines in News paper fake news or fabricated…. if you done a little searching you could find those head lines in any news paper around the world…. even in Chinese.
        I am open to a discussion with references, facts.. I don’t have much faith in opinions…
        It was Trump that introduced us to “fake news”
        It was your very own Kellyann that gave us “alternative facts”
      - iamtrue
        
        Well to bad that didn’t last long and all your facts r fake just like u that’s to bad life goes on.
- iamtrue
  
  And they had every right to do that. Bottom line obama is an anti-american and every body that follows him his thoughts and theories r as well and what u anti-s don’t get is that u will never get our Country the great US of A everything will b changed back and it will b better than ever. It will b the Strongest, Safest, and Wealthiest for all eternity.
- Marialice Barone
  
  Hard to convince anyone that all those things done under Obama created jobs!
- kelly34
  
  Most of these bills require government money or stifle economic growth through EPA or taxation of the employers. Obama and the Democrats tried to break this country and almost succeeded.
  - gotabgood
    
    mmmmmm all this time I thought it was lil’ bush that drove this country into bankruptcy….. remember wall street, auto industry, housing market, losing 800,000 jobs a month, the donut-hole in Medicare.. manufacturers leaving this country like rats on a sinking ship… why? we were sinking? And then Obama got the unemployment to 4%, created 28 million private sector jobs, auto industry is doing fine, wall street is back to their crooked ways.. stock market above 19000… and you have the nerve or lack of ANY intelligence to call that bad????
    GET A LIFE!!!
    - iamtrue
      
      All BS, nothing but lies and i don’t give a rats ass at what made up fake news story u got nothing but all fabrication by u anti-s and what needs to b done we need to clean up and scrape all of u piece of shits off of our American streets and put into garbage bags and throw back over the border of all sides not just mexico.
      - gotabgood
        
        https://uploads.disquscdn.com/images/4b5320f732287f36be03c48e59aac82eae5d07569fef9184c5d308efe7566e30.jpg
      - iamtrue
        
        Like i said all fabricated and made up.
      - gotabgood
        
        I suppose next you will either say we never had a George W Bush for president… or he was the best job creator and left millions in surplus… won both wars and got Bin Laden.
      - iamtrue
        
        Well look who’s not paying attention obama made that whole story up about bin to have him look good he is still alive. And i thought u were smart.
      - gotabgood
        
        IAMLIAR
        Your new name.
    - kelly34
      
      Wall Street and housing bubble were caused by Bill Clinton pushing through repeal of Glass-Stegal. 1st tarp is on Bush 43 but 2nd is all Obama. 3 largest tax increases under Obama. Obama doubled the government, made so many unelected bureaucrats in control of our lives. Apologized to world for not being communist or social. 28 million jobs was never proved, 15 at most and 90% was to illegals. So why don’t you read, get off the liberal soapbox and try to support our nation.
allenhip

You can thank OBAMA for saving Wall Street. He’s the one that got our economy moving and unemployment rate down. Remember the GOP-Bush market crash.
- InternetCensorsREvil
  
  Remember that the crash was caused by a glut of subprime loans – toxic debt which was made possible by Slick Willy Clinton…
  - Marialice Barone
    
    That spilled over into Bushs and Obamas regimes. Clinton thought it would be nice if everyone could own a home, whether they could afforded it or not!
    - InternetCensorsREvil
      
      Democrat… the party of entitlement, even if you havemt earned it…
      
      ESPECIALLY if you haven’t earned it
      - ourzoo10
        
        Remember those unforgettable words by Pelousey:” Welfare grows the economy”
- barnjoer
  
  You are FULLNof it. Obumer did nothing but play golf & spend money that we did not have!!
- bill14729 .
  
  Pure BS
- Marialice Barone
  
  The economy never grew ever grew more than 2% and that was even rare. That sums it up..no wonder no jobs
- Marialice Barone
  
  Yes, also remember the good economy the first 7 years of his presidency
kevinbaja

seeing as how the trump/putin administration hasn’t even put together a budget, AND this country is still working with the previous administration’s budget and won’t be “done” until september or so…what EXACTLY has trump/putin/congress put forward that has: expanded the economy, reduced unemployment, AND created jobs across the country…???
ALL we’ve seen are “executive orders”, voting on destroying the ACA and creating those famous “death panels”, and having a room full of old white men decide on women’s health care…WHERE has been the job creating legislation, etc…???
- InternetCensorsREvil
  
  No budget?
  
  https://www.nytimes.com/interactive/2017/03/15/us/politics/trump-budget-proposal.html?_r=0
  http://www.npr.org/2017/03/16/520379061/read-president-trumps-budget-blueprint
  http://www.cnn.com/2017/02/27/politics/trump-budget-proposal/index.html
  
  From all appearances, Trump has proposed a deficit neutral budget. One that returns the prowess of our military to pre-Clinton levels while cutting unnecessary fat off fat cat federal departments which have grown gluttonous on decades of business as usual politics from big government democrats and business as usual RINOS (like Bush).
  
  voting on destroying the ACA and creating those famous “death panels”
  
  Death panels are part of the ACA – voting to destroy the ACA eliminates those
  
  having a room full of old white men decide on women’s health care
  
  There are women in those Congressional Chambers as well – 104 in total to be exact. While that is only about 19% of the whole, that is the way the electorate wants it. If women want more say in politics, then more of them need to get involved and run for office. The people who did run and won are working with what they have instead of whining like a snowflake libtard about the lack of women present, they work to do what they must.
- bill14729 .
  
  Apparently Your Not up with the Times Typical Liberal Snow flake Oh and for 8 years Obama had No Budget where were you then and Obama used his phone and pen to made his own executive orders
  - Marialice Barone
    
    He didn’t want a budget..he didn’t want to take the blame for anything or act on issues..that way he couldn’t fail. He was basically chicken s..t!
SouthernPatriot

President Trump has greatly reduced the recession extending and business expanding regulations. The Trump effect has produced much less illegal felon invasions at our southern border, down over 80 percent. The Trump effect has also given small business great encouragement by proposing a huge reduction in taxes from 39% to 15%. President Trump stopped the “war on coal” and fossil fuels which resulted in huge unemployment not only in Appalachia but also in oil producing states of the Gulf Coast. Opening federal lands and the Arctic to exploration and extraction has also given encouragement to so many in that industry.

Stating he would end NAFTA and its huge negative toll on America, motivated both Canada and Mexico to quickly offer to renegotiate it. Ending TPP and examining other trade agreements has encouraged American business.
Unemployment will continue to steadily go down. When those who quit looking for jobs, begin to look again and find those jobs, we will have a better picture of our unemployment picture.
- InternetCensorsREvil
  
  Well said, unlike the snowflake sensationalism and outright lies regurgitated by @gotabgood:disqus @kevinbaja:disqus and @Allenhip2:disqus
Peter Pihun

Here is one story about the low employment rate that you will never hear from the fake media or democrats.
Peter Pihun

Here is one story about the low unemployment rate that you will never hear from the fake media or democrats
Anita Kulvinskas

My brother was laid off his job in October of 2016 after working there for 15 years. He has been in management a long time before that also. At 54 years old he was applying with quite a few places he knew he could get in with his experience. He finally was hired in January of 2017, with one of the places he had applied telling him that since Trump won the election they knew the economy was going to spiral up and they were opening job positions. The very same week he had 4 other calls offering him positions. So, yes, we have a personal testimony that Trump was and is good for this economy. By the way, we all voted Trump!
- Marialice Barone
  
  So glad your brother got a good job. He probably has a lot of skills he never got to use under Obamacare!
- Michael Dennewitz
  
  Happy as all get out that he got the job. I’m a disabled Vietnam vet, unable to work, and IT SUCKS! Every body is out to get Mr Trump. They’re pissed that he’s getting shit done – that’s all that is. LOL And on another note: jiffy twobutts from CNN is on the warpath because PRESIDENT TRUMP fired the head of the FBI. Ha! You go Mr Trump. Drain that swamp! ????
  - Larry Baker
    
    I am a Vietnam Vet and just applied for Agent Orange related disability. Hope it comes through as I am unsure how much longer I can work. 67 now.
    
    Thanks for your service brother!
- Larry Baker
  
  Great news. Congrats to your brother!
higgy01

While the U3 unemployment figure is usually the one lauded by most it is the U6 number that is most important. The U6 includes those that are not looking for work as well as the underemployed. As those not looking reenter the workforce the U3 unemployment number should increase, a good sign, while the U6 decreases. I think Trump is doing an excellent job reviving our economy despite the roadblocks by the moonbeams, libtards and America hating trailer trash.
curmudgeon VN Veteran

I’m sure that the MSM fake news machine along with the bureau of labor and statistics will be changing the parameters now that they no longer have to provide cover for the epic failure of the first sorta black pResident.
iamtrue

Thanks once again President Trump. I was wondering if we could maybe find a way to show the anti-americans (and yea that is what i call them) by experience of course they live their way and we live our way may the best way win i’m pretty certain once they see how poor they r becoming and how well off we r becoming they’ll start seriously thinking how wrong everything feels then maybe we all can start healing.
Tasine

It astounds me that some “Americans” hate President Trump so much that they hate the very idea that more Americans are once again able to obtain jobs and produce and provide for their own families. And they want to seem like the nation’s saviors. LOL, what a hoot! The haters would rather people starve than to accept we have an actual WORKING PRESIDENT FOR A CHANGE.
Marialice Barone

Anyone who is even remotely capitalistic, knows that private industry creates jobs, not the govt. Obamacare et.al. Never regonized that companies were holding trillions of dollars off shore because they didn’t want to get taxed twice and the second time at a high rate, so they used that money in the countries where they were doing businessinstead of bringing it back to the U. S.
There were so many restrictions on companies trying to start businesses, that many less people who would have liked to start one and hire people couldn’t afford to..Obamacare kept the number of employees at a certain level, and some trade arrangements were not favorable to US businesses.
It’s no wonder that Obamas economy never gre beyond 2% and some quarters under 1%.
- Morton99
  
  Obama created 28 million jobs. How quickly you all forget what a mess he inherited. And Obama probably had more to do with fixing the economy than any president. Recovering from a global slump did take nearly 10 years. Trump will have a real problem creating his promised 25 million jobs now the unemployment rate is below 4 percent. In the USA we have a very large mismatch between people wanting better jobs and the skill set that these jobs require. There are more than 5 million unfilled job openings in the USA – but the skills needed are extremely hard to find in AMERICANS.
  - Marialice Barone
    
    Yep…a lot of those jobs were part time and or crappy! We are talking about well paying full time jobs. Every President inherits what they call a mess but never before in Presidential history did the economy never go over two percent growth. Sorry…but your defense of Obama lacks credibility!
    - ourzoo10
      
      Don’t forget all those Government ‘jobs’ that create Nothing…but headaches for the rest of us.
      - Morton99
        
        Then let me be absolutely clear. The semi skilled jobs that you seem to long for are gone – for ever. I mentioned the 5 million openings in the USA for a reason. There is a very serious mismatch between jobs and skills.. America has really lost the blue collar mass industry of the mid 20th century. The emerging asian and less developed nations do them – cheaper. And as a leading economy hased upon capitalism – efficiency will always win the day. If our citizens will not acquire the missing skills, domestic production will be out-sourced, or the missing labor will be imported.
    - gotabgood
      
      You also have to remember congress and senate… if they would have done absolutely nothing… Obama would have been better off…. But with the filibusters, voting no….. EVEN ON VET JOB BILLS!! Your voted against the American Jobs Bill Act….. and then ask where the shovel ready jobs were…. You voted it down!!!!!!!!!!!!!
      - iamtrue
        
        once again either u got your history wrong or u r just total BS my guess is the second one.
      - gotabgood
        
        https://uploads.disquscdn.com/images/cdce65b9fea3f0b6c664917f829573773d53fbb92e405206820af0ce9bafaa34.jpg
        
        https://uploads.disquscdn.com/images/13080bd6e5e1daf84f28394b0daeb735c4dcc571536590ebcb18740da4eaa0e4.png
  - gotabgood
    
    That is because education and training has taken a back seat to things like Keystone and filling the rich’s off shore bank accounts!
    - Morton99
      
      There is some truth in that. But that is not the problem of the corporations to solve. The mandate of a CEO is to maximize profits for his stockholders. If he fails in that he will lose his job.
      - gotabgood
        
        Very true, but you were talking about all the jobs available and the Americans are unqualified to do the jobs…. that is sad. And I think schools for profit is the wrong way to go. They will be paying more attention to the bottom line rather than diplomas and degrees.
      - Morton99
        
        I think I have the most compelling argument for what the necessary (and neglected) issues that a proper government should manage.
        It is the responsibility of the government to ensure that the free market has a pool of qualified skill sets to ,draw from. That simple mandate actually goes to the heart of what is wrong in the USA.
        That requires affordable education, a healthy workforce, and a hawklike management of the free market – rather like a referee in a sports arena.
        Since we are a democratic nation, the order of events must always begin with the citizens, and not the corporations. Ipso – you must ensure that the opportunities for education and work exist for the worker, before you look at the issue from just the needs of the corporations. In the USA government has lost sight of its responsibility. It often satisfies the corporations at the expense of the citizen. There SHOULD be more than 5 million US citizens who are qualified and willing to do the work that we understand cannot be filled by unskilled US citizens. Of course – a citizen who has these opportunities and still does not qualify himself – is really a lazy SOB or incapacitated in some way – that should be receiving affordable medical assistance.
      - gotabgood
        
        You running in 2020?
      - Morton99
        
        would you support my mandate ? 🙂
      - gotabgood
        
        I like what I read.. what are your thoughts on healthcare
  - kelly34
    
    How many jobs are going unfilled because the employers are used to getting people at very low wages and now that the economy is picking up employees are moving along to higher pay.
    - Morton99
      
      I do not think that is even a consideration by US corporations. They will pay the market price (the cheapest) in order to produce their goods.
will

This is fake news or proves the Russians are colluding and hacked our unemployment figures. The Russians are stimulating our job market to help trump. Its a conspiracy to make Americans have a better life.
:):):):):)
- ourzoo10
  
  You have that a little backwards, since it has been brought up that it was O and Hitliary that were colluding with Mr. Putin….Get out much?
  - InternetCensorsREvil
    
    I think that was sarcasm on Wills part
- Michael Dennewitz
  
  You need to stop snorting that shit bubbah! ???
  - will
    
    Come on I was just trying to imagine how a leftest thinks.
    Cant believe that you all took that post serious
    Lighten up people
    
    Hey did you hear PUTIN fired Comey
    - InternetCensorsREvil
      
      Had to read it twice myself. Suggest using some kind of tag…
      
      /sarc
    - iamtrue
      
      Still the silliest thing ever said plus u r putting ideas in the lefty loons head.
- iamtrue
  
  That’s the silliest thing ever said.
fordfool

too oftn we forget…..”you cant STARVE weight on a hog…”..too many barriers, burdensome regulations, higher . limits, and it’ll stagnate. But when the biggest incentive is there, anxiety .diminishes. Common sense.
When the economy returns more to a ‘supply – demand’, the sooner we’ll be walking again. No – – running…
gotabgood

per·pet·u·al mo·tion
pərˈpeCH(əw)əl ˈmōSHən/
noun
a state in which movement or action is or appears to be continuous and unceasing.
the motion of a hypothetical machine that, once activated, would run forever unless subject to an external force or to wear.
>
As was the case in 2008 and 2009, lil’ bush set in motion a decline in jobs and manufactures,
Now you see the reverse effect in 2016 and 2017. The decade of creating jobs and bring manufactures back, such as the Auto industry and Intel were set in motion early in 2016…. you are just now seeing the effects of this growth and the Obama administration… 2018 and maybe a little before you will see the effects of Trump. NOT before that!
- iamtrue
  
  Sorry backwards and wrong like always
  - gotabgood
    
    You win..
    https://uploads.disquscdn.com/images/1c318f2630c609a31e00de8f2a40aa17ce2d55a6162fbfa4b083f3da9b0d08a6.png
e148

Candidate Trump himself called the unemployment rate bogus and he was right.

The unemployment rate is based on the number of people receiving unemployment checks from Uncle Sam. This number is about 12 million out of a labor force of 264 million, hence less than 5%. But there are 88 million unemployed that are not receiving these checks. I just read that another almost 200,000 are no longer counted as unemployed (gave up looking for work) due to lack of jobs. This brings the actual unemployment rate to almost 38%.

So, we have 100 million unemployed. somewhere around 66-75% of all Americans make less than $30K per year or just barely out of poverty. We have about 50 million officially in poverty. We would have many more if the government stops welfare checks.

We have from 2-5 million open jobs, most of these are low paying retail sales jobs, which many college graduates are forced to take.

Only 27% of all (or recent) college graduates are employed in their field of study and 50% are not in jobs that require a college degree at all.

So, we have only at most 5 million jobs for 100 million people and yet we receive almost 1 million legal immigrants into this country each year. Why?

Some of the jobs I have applied for had 80 applicants. One a GIS Analyst job had 80 applicants. Really there were that many qualified candidates? By the way Uncle Sam calls GIS a needy field. It is not! Most of the jobs I have applied for at least 30 of so people applied, of those I know about.

Trump has his work cut out for him. He is going to have to create about 100 million jobs. The number of jobs filled is about 140-145 million so he is going to have to almost double the number of jobs, which is not likely.

Automation and AI will eliminate more jobs, worldwide, than it creates. Yet, Uncle Sam is pushing for more and more innovation, which reduces the number of jobs in the world, including the US.

Talk about comprehensive this or that. Nobody, particularly in government, can see the forest for the trees. They see each problem as separate and not a part of a systemic problem, hence they will never solve it.

I have said more in other places but I will stop.
Jacks are Wild

I am glad to see that the Obama unemployment is going down and you have to start somewhere. Unfortunately & as we all know 4-5% is not the real number. There are millions who quit looking because there was no jobs to be had. We still need to account from them; they are just as hungry as the listed unemployed.
Kent2012

and soon we will see the combined effect of lower illegal entry, much lower illegals using taxpayer paid services, much lower illegals working and sending money back home…oh and a much reduced number of illegals in the corrections system….
Rick D.

I’m not planning to hold my breath waiting for the MSM to report this fact or for the Libs to acknowledge such. If they do, somehow they’ll try to put a spin on it so as to give Obozo the credit.

Trump Power: Unemployment Rate Hits 10-Year Low

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