December Job Figures 56% Higher Than Expected

Barack Obama set a jobs record that no one should ever be proud of.

During his reign of terror, unemployment was at 8.0% or higher for the most consecutive months since records have been kept.

Even though Democrats are blasting Trump for the unemployment figure rising to 3.9% recently, the jobs number for December came in with 419,000 new workers, one of which is my wife.

Most experts predicted there would only be about 176,000 new jobs.

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However, the December figures revealed that there were 312,000 new jobs created last month, 56.4% more than predicted.

The National Sentinel – New job figures blast through expectations in December to end 2018 on high note – The Department of Labor reported Friday that December job growth far surpassed expectations, as employers added 312,000 new jobs last month to end the year on a strong positive note.

CNBC reported that while the unemployment rate rose to 3.9 percent, some 419,000 new workers entered the U.S. workforce, increasing the labor participation rate to 63.1 percent.

That level was 0.2 percent higher than November and 0.4 percent higher than a year ago, the network reported, adding:

A broader measure of unemployment that includes discouraged workers and those holding part-time jobs for economic reasons held steady at 7.6 percent…

If allowed to have their way, Democrats would quickly begin eliminating at least 300,000 or more jobs every month.

They want to increase the federal minimum wage to $15 an hour, which has already proven to reduce jobs, cut income and hurt businesses.

Democrats also want to repeal the corporate tax cuts, which will result in the loss of millions of jobs.

Then they want to eliminate fossil fuels and force America to rely on expensive green energy, which will also result in the loss of many jobs.



The opinions expressed by columnists are their own and do not necessarily represent the views of Barb Wire.

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