The job industry has seen a sharp increase in numbers over the last 6 months. Trump’s Presidency has seen employment rise significantly.
This is wonderful news for the Trump Administration. It is also good news for the 1 million plus persons who have been employed.
In July alone 209,000 jobs were added, the unemployment rate dropped by 4.3%. These numbers matched an all time low in 2001. In 2009 unemployment was at 10%.
Jobs Strong
The increase in jobs has certainly helped the economy. More jobs mean more money circulating in the Country.
Cathy Barrera said “the economy is looking pretty good.” Barrera is the Chief Economic Adviser at ZipRecruiter.
Steve Rick said “there are still lots of people coming back into the labor force, looking for jobs.” Rick is the Chief Economist at CUNA Mutual.
The trend is a good one, since more growth can be expected. As more people are employed the economy will continue to grow.
Rick believes that the economy can grow even more. He thinks the new immigration law will help make that possible.
He said “It would definitely slow economic growth if you slow the number of people coming in.” Others economists disagree, they believe less workers mean less growth.
It was estimated that 27 million foreigners worked in America during 2016.
