The Latest Jobs Report Was Not Kind…to Democrats

Townhall | 12/7/2019 | Staff
vegdancer18vegdancer18 (Posted by) Level 3
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I can see why Democrats are focusing on President Trump’s impeachment. Besides their hatred of the man, the endless stream of excellent economic news only makes Trump look better. And this November jobs report was exceptional. Over 250,000 jobs were created and the unemployment rate dipped again. It rests at a solid 3.5 percent. During the summer, there were fears of a recession. Democrats hoped that would happen because they hate America, but these new figures have the experts feeling more positive about 2020 (via WaPo):

The United States added 266,000 jobs in November as the jobless rate decreased to 3.5 percent, reflecting a surge of strength in the labor market that has muscled through recession fears that flared over the summer.

Data - Bureau - Labor - Statistics - Expectations

The data, released by the Bureau of Labor Statistics, beat expectations. Analysts had forecast roughly 180,000 new jobs for the month. The 3.5 percent unemployment rate is back at a 50-year low.

The jobs data offer the latest snapshot into an economy that appears to have lost some steam from 2018 but continues to grow. Heading into President Trump’s fourth year in office, the labor market remains one of...
(Excerpt) Read more at: Townhall
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