President Exclaims “USA ROCKS!” After Incredible October Jobs Numbers Are Released
As another month of the Trump Administration comes to a close, another fantastic jobs report has been released by the Department of Labor. The data showed that 128,000 jobs were created in October, far outpacing expectation of about 80,000 new jobs that was predicted. The Labor Department also revised the August and September jobs numbers upwards by 95,000 jobs after a full review of the previous two months.
JOBS REPORT: The @realdonaldtrump economy continues to deliver jobs and pay raises for workers!
— Andrew Clark (@AndrewHClark) November 1, 2019
✅ 128,000 new jobs!
✅ Unemployment at a low 3.6%!
✅ 3% wage growth!
...and beating “expectations” yet again. https://t.co/ZXsgSXEKCd
This was great news to President Trump who, despite constant criticism and impeachment hearings, continues to preside over incredible job growth and low unemployment. The President celebrated these huge numbers on twitter saying, “Wow, a blowout JOBS number,” and exclaiming “USA ROCKS!”
Wow, a blowout JOBS number just out, adjusted for revisions and the General Motors strike, 303,000. This is far greater than expectations. USA ROCKS!
— Donald J. Trump (@realDonaldTrump) November 1, 2019
Other positive numbers from the most recent jobs report includes unemployment going down from 3.6% to 3.5%, average hourly wages rising by 0.2%, and 3% wage growth. This comes amid a trade war with China that looks like it may be coming to an end with President Trump and Chinese President Xi Jinping expected to sign a new deal soon.
President Trump also called out the Federal Reserve yesterday who cut interest rates for the third time in 2019. The President said that he was “VERY disappointed” in Fed Chairman Jay Powell as they continue to call it wrong and hurt the economy despite these optimistic numbers.
....our manufacturers. We should have lower interest rates than Germany, Japan and all others. We are now, by far, the biggest and strongest Country, but the Fed puts us at a competitive disadvantage. China is not our problem, the Federal Reserve is! We will win anyway.
— Donald J. Trump (@realDonaldTrump) October 31, 2019