Job Growth Rocketed In April, While Unemployment Fell To Record Lows, But There Is A Dark Side

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In April, job growth rocketed and unemployment fell—but there is a dark side

, payrolls have now risen for 104 consecutive quarters, and the economy has created more than 20 million jobs since the Great Recession ended in 2009.

Among the major worker groups, the unemployment rates declined in April for adult men , adult women , whites , Asians , Hispanics and blacks ., “Our outlook, and my outlook, is a positive one, is a healthy one, for the U.S. economy for the rest of this year.” It's been a mystery as to why the record-high employment rate is not causing wages to rise. I’m not an economist, but I know that if there are fewer unemployed people available and full employment, salaries should rise as companies would need to pay more to attract and keep talent. The April job report indicates a pitiful nominal increase in workers’ wages.

 

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the under- employed. Their numbers still staggering n sme communities as one thinks REAL numbers. Frgt variables. What X represents at the moment.

Can one of my Republican friends explain to me why Obama deserves no credit for the left side of this chart, but Trump is a brilliant genius for the right side of the chart (even though it's half a million LESS jobs than Obama's last 28 months)?

Yes. It’s called Trump.

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