Friday, May 3, 2019

Unemployment hits 49-year low as US employers step up hiring

Wouldn't it be nice if the Democrats offered some meat and potatoes ideas for the upcoming 2020 election? As far as I can tell, aside from WE Hate Trump and give away programs of your tax dollars there isn't much for them to give.

Read the story from today's news:

The U.S. jobs machine kept humming along in April, adding a robust 263,000 new hires while the unemployment rate fell to 3.6%, the lowest in a generation, according to a Labor Department report Friday.
Nonfarm payroll growth easily beat Wall Street expectations of 190,000 and a 3.8% jobless rate.
Average hourly earnings growth held at 3.2% over the past year, a notch below Dow Jones estimates of 3.3%. The monthly gain was 0.2%, below the expected 0.3% increase, bringing the average to $27.77. Check this out. These wages are primarily for unionized, blue collar, hard hat jobs.

For Democrats it gets worse.
1) Black unemployment lowest in history
2) Hispanic unemployment lowest in history
3) Female unemployment lowest in history since 1954.
4) Asian unemployment lowest in history

Maybe, just maybe, if the Democrats quit bitching about how bad Trump is they might realize how good they have it in this country. Every time I hear about Trump and how bad he is I open my monthly stock portfolio. What a wonderful sight to behold.





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