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The Low Unemployment Rate & the Trump Economy
May 6, 2019 at 02:24 PM
Photo by Tony Harp

The Quick Facts

  • Friday saw the release of the April jobs report, which boasted some encouraging economic figures.
  • One of the most notable numbers was the unemployment rate, which dropped to 3.6%, the lowest since 1969.
  • The report indicated that April was a strong month of hiring, with employers adding 263,000 new jobs. Economists had expected the economy to add only 185,000 jobs last month.
  • The numbers also showed that average hourly wage was up 3.2% compared to a year ago.
  • The news was greeted favorably on Wall Street, and the Dow Jones closed on Friday up 197 points.

Food For Thought

Are the encouraging economic figures from April’s jobs report a result of Trump’s policies? Do the numbers indicate a stable, prosperous economy?

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