298,000 JOBS CREATED IN TRUMP'S FIRST MONTH, SHATTERING EXPECTATIONS
Construction jobs swell by the most in 11 years
BY PAUL JOSEPH WATSON
republished below in full unedited for informational, educational, and research purposes:
President Donald Trump has
received a huge boost for his economic agenda with the news that the
U.S. created 298,000 new jobs after his first full month in office,
shattering expectations by a margin of over 100,000.
The total blasted through market expectations that around 190,000 new jobs would be created.
“The
report encompassed the first full month under President Donald Trump,
who has pledged to rebuild the nation’s aging infrastructure system,” reports CNBC.
The numbers bode well for President
Trump’s agenda of economic nationalism and his vow to reverse the
ravages of globalism by bringing jobs back home.
The
breakdown of the numbers is significant because it shows that the U.S.
is becoming less dependent on service sector jobs as Trump tries to
provide new incentives for companies to take on more construction and
manufacturing workers.
Goods
producers added 106,000 of the new jobs, with construction jobs swelling
by 66,000 – the most in 11 years – and manufacturing jobs by 32,000.
Claims for unemployment benefits are also at the lowest for 44 years, suggesting employers are confident about the future.
“Companies
employing 500 or more workers increased staffing by 72,000 jobs;
payrolls rose by 122,000 at medium-sized businesses, or those with 50 to
499 employees, the most in three years; while small companies’ payrolls
gained 104,000, an eight-month high,” reports Bloomberg.
The
news is sure to be heralded by President Trump, while the mainstream
media, which Trump has accused of acting as the opposition party, will
look to bury the figures as it continues to spin the narrative that his
embryonic administration is in turmoil.
