President Donald J. Trump’s America First agenda is making its mark on the American economy — with explosive private sector growth, job gains, and wage increases for American workers. Look no further than today’s jobs report for proof:- In May, the U.S. added 139,000 jobs — smashing expectations for the third straight month, with the private sector accounting for all net job gains.
- Leisure and hospitality: +48,000 new jobs
- Transportation and warehousing: +5,800 new jobs
- Construction: +4,000 new jobs — the fourth straight month of job increases
- Wages for everyday Americans continue to rise, with real average hourly earnings up by nearly 4% over the past year — far higher than economists’ expectations.
- Since President Trump took office, real disposable personal income has risen at a 7.5% annualized pace — more than three times the pace than the final year of the Biden Administration.
- Native-born American workers now account for ALL job gains since President Trump took office in January — reversing the opposite trend from the past two years.
- Since President Trump took office, 99.8% of job gains have been in the private sector. During the final two years of the Biden Administration, one in four jobs created were in government.
Here’s what they’re saying:- Council of Economic Advisers Chair Steve Miran: “The President is succeeding in creating hundreds of thousands of jobs since he came into office — more than half a million jobs since he came into office — and they’re all going to native-born Americans.”
- Economist Steve Moore: “This is a blockbuster economy we’re seeing … 4.5% GDP for the second quarter, low inflation — this is telling us right now the jobs are out there for people who want them.”
- Job Creators Network CEO Alfredo Ortiz: “The small business economy is growing and the private economy is growing. This is exactly what Donald Trump wanted to do for reversing everything that Biden had done … It’s so good to see that we’re actually creating private economy jobs again.”
- Fox Business Network’s Cheryl Casone: “The markets might be encouraged by the fact that you aren’t seeing job losses … that means that people are maybe going to start spend this summer. They might go actually take a trip they weren’t planning to take — and look, gas prices are lower right now. We’ve got great gas prices, so I think this could be a really good economic story.”
- ERShares CEO Joel Shulman, Ph.D.: “There’s optimism here on the horizon … CPI last month was a catalyst. I think we’re going to see another catalyst on June 11, coupled with this better-than-expected jobs report — so I think things are looking more optimistic."
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