In April, massive job growth fueled record-low unemployment, leading President Donald Trump to celebrate the booming economy.
The U.S. economy created 263,000 new jobs in April, driving the unemployment rate down to 3.6 percent, the lowest level since December 1969, according to the Bureau of Labor Statistics (BLS). Even the average worker’s salary increased by 6 cents to $27.77 per hour.
That job growth easily surpassed the 213,000 predicted by economists, MarketWatch reported.
Trump celebrated the news.
“JOBS, JOBS, JOBS! ‘Jobs surge in April, unemployment rate falls to the lowest since 1969,'” the president tweeted.
JOBS, JOBS, JOBS!
“Jobs surge in April, unemployment rate falls to the lowest since 1969” https://t.co/4DGpumMISf
— Donald J. Trump (@realDonaldTrump) May 3, 2019
Trump also tweeted a Breitbart story, “The U.S. Created 263,000 Jobs in April, Unemployment Fell to Lowest Level Since 1969.”
“The U.S. Created 263,000 Jobs in April, Unemployment Fell to Lowest Level Since 1969” https://t.co/TtQy5yJDku
— Donald J. Trump (@realDonaldTrump) May 3, 2019
Statistica released a very helpful graph plotting the unemployment rate over the past ten years.
Check out this Statistica graph showing April 2019's record low unemployment rate. Lowest since 1969! https://t.co/hN0gALQtkO https://t.co/mbwAWCpAm3 @realDonaldTrump pic.twitter.com/A5Z18JnQhJ
— Tyler O'Neil (@Tyler2ONeil) May 3, 2019
Follow Tyler O’Neil, the author of this article, on Twitter at @Tyler2ONeil.
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