President Trump continues to prove that the United States needed a business person to lift the economy. When it comes to adding new jobs and lowering the unemployment numbers, President Trump is doing his part to make America great again. A new jobs report that came out today shows promise for the U.S. economy.
FROM BLOOMBERG NEWS: U.S. payroll gains rebounded in April by more than forecast and the jobless rate unexpectedly fell to 4.4 percent, signaling that the labor market remains healthy and should support continued increases in consumer spending.
The 211,000 increase followed a 79,000 advance in March that was lower than previously estimated, a Labor Department report showed Friday. The median forecast in a Bloomberg survey of economists called for a 190,000 gain.
The unemployment rate is now the lowest since May 2007.
Manufacturing and construction jobs rose. Factories added 6,000 jobs, while construction workers rose by 5,000, following an increase of 1,000 in March.
Total private employment, which excludes government agencies, climbed by 194,000 in April, following a 77,000 advance the prior month. Government payrolls rose by 17,000 in April, including a 6,000 decline at federal agencies and 23,000 increase at state and local governments.
— Bloomberg TV (@BloombergTV) May 5, 2017
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