The US economy continues to motor along. After a first quarter report of GDP growth at 3.2%, the job numbers are spectacular. The US Unemployment rate hit a 49 year low of 3.6 percent.
The Labor Department said employers added 263,000 jobs in April, which blew past expectations, and the unemployment rate dropped to 3.6 percent, the lowest level since December 1969. Average hourly earnings came in just shy of expectations, indicating muted inflationary pressure.
More good news for Americans (which is bad news to Democrats).
The good news on wages continued in April as well. Average hourly earnings rose by 6 cents to $27.77. Over the year, average hourly earnings have increased by 3.2 percent. Inflation is running at 1.5 percent, so real average hourly earnings have gone up by 1.7 percent.
Earlier today we reported the 1.2 Billion dollar investment by US Steel in Pennsylvania. Other good news for American workers include wrapping up the trade deal with China, and a deal is in the works with Japan that comes out better for the US than previous arrangements.
People continue to come off the sidelines to take jobs in an economy that is investing in people. Every job provides skills and experience. This increase the value and productivity of workers who can then leverage that into better pay and benefits.
Which is a problem for the Left. Their whole schtick revolves around needing Democrats and a big bloated government to act as an intermediary between them and everything. If people don’t need their welfare or food stamps or even their opinions they might discover the only thing Democrats are good for is killing babies, letting drug dealers in the back door, and hating regular hard-working Americans.