EXCLUSIVE: May Jobs Report Shows Great Signs for Economy

By Nick Baum

SUNDAY – 6/3/18

In a jobs report released just yesterday, positive numbers in many areas of the economy have been proven with a monthly financial report on jobs and economics. The unemployment rate has fallen to its lowest in half a century, 3.8%, with 223,000 jobs being added in the month of May.

In other areas, the average hourly earnings, or wages, overall went up in America by 2.7%. The unemployment rate in other aspects also went down, too. The black, latino, women, and non high school graduating unemployment rate has hit its lowest point.

Criticism has still been shared by different opponents, too. House Minority Leader Nancy Pelosi said that those numbers “mean nothing”, and criticized the consequences of Trump’s approved tax plan earlier this year. The White House Twitter account also violated a passed law in the 2000’s, in that if a jobs report is released, an official government source must share at least an hour after. However, both the White House and Trump shared it shortly after.

Sources: Wall Street Journal, USA Today, UMN News

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