"It's about the Economy, Stupid"

September Jobs Report Brings Good News for American Workers

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President Trump’s economy continues to boom, notching the lowest unemployment rate in nearly half a century.

Historically Low Unemployment
• The unemployment rate for September dropped to 3.7%, the lowest since 1969.
• This is the third consecutive month that the unemployment rate has been below 4% and the fifth time this year.
• Since 1970, the unemployment rate has only been below 4% on 10 occasions, and half of those have occurred under President Trump.
• The unemployment rate for those that graduated high school but did not attend college is the lowest since April 2001 (3.7%).
• The unemployment rate for Hispanics matched its all-time low (4.5%).
• The unemployment rate for women matched its lowest rate in 65 years (3.6%).
• The unemployment rate for African Americans (6.0%) is near its all-time low set earlier this year (May 2018’s rate of 5.9%)
Rising Wages
• Nominal average hourly earnings rose by 2.8% over the past 12 months.
• Nominal weekly have increased an even stronger 3.4% over the past 12 months.
• This is the 5th consecutive month with nominal 12-month growth over 3 percent, marking the longest streak with 3 percent weekly earnings growth since 2010.
• Both nominal weekly and hourly earnings are outpacing inflation, meaning that our workers are seeing real wage growth.
Job Growth
• The economy added 134,000 jobs in September, though Hurricane Florence likely contributed to the lower employment growth during the month.
• Revisions to August and July showed 87,000 more jobs were created in those months than previously though.
• August employment was revised up by 69,000.
• July employment was revised up by 18,000.
• With the revisions to July and August, the economy has increased by 208,000 jobs per month in 2018.
• This exceeds the monthly average for the last two years.
• Manufacturing continues its strong growth under President Trump, adding 18,000 jobs in September.
• Manufacturers have added 378,000 jobs since President Trump’s inauguration.
• Manufacturers have added 408,000 jobs since President Trump’s inauguration