Trumps much-hyped job boom is fake news: 2017 was the worst year for job creation since 2011
Trumps much-hyped job boom is fake news: 2017 was the worst year for job creation since 2011
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https://thinkprogress.org/trump-job-boom-actually-the-fewest-number-of-jobs-created-in-the-last-6-years-0465cb9b54c2/?utm_campaign=trueAnthem:+Trending+Content&utm_content=5a50188b04d301146befdbd9&utm_medium=trueAnthem&utm_source=twitter
During his presidential campaign, Donald Trump promised hed be the greatest jobs president God ever created. And as his administration has become increasingly embroiled in scandal during the first year of his presidency, Trump has routinely fallen back on bragging about the allegedly unbelievable job creation hes overseen.
But theres just one problem according to the latest jobs data, 2017 saw the most anemic job growth in America since Obamas first term, when the economy was pulling out of the Great Recession he inherited from George W. Bush.
U.S. job gains slowed by more than forecast in December, wage growth picked up slightly and the unemployment rate held at the lowest level since 2000, adding to signs of a full-employment economy, Bloomberg reported. The job gains, while less than forecast, bring the 2017 total to 2.06 million jobs below 2016.
According to data from the Bureau of Labor Statistics, the 2.06 million jobs created last year were actually the fewest in a year since 2011. Heres the year-by-year breakdown of jobs added since then.
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