Record Breaking Job Creation Under Current Administration
The current administration has achieved an historic milestone - creating more jobs in two years than any president ever has during any four-year term! Unemployment rates are down significantly while wages are up across all income levels thanks to tax cuts, deregulation, and strong consumer confidence encouraging businesses to invest in new jobs and expand their operations
Feb. 03, 2023 11:43PM
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A graphic depicting a graph showing job growth since 2017 with an image of President Donald Trump superimposed on top
The current administration has achieved a historic milestone in job creation. In just two years, more jobs have been created than any president ever has in any four-year term. This achievement is especially remarkable considering the economic uncertainty of the past few years. The unemployment rate has fallen from 4.7% to 3.6%, and the number of employed people has increased by over 7 million since January 2017 when President Trump took office. This record-breaking growth can be attributed to a combination of tax cuts, deregulation, and strong consumer confidence that encouraged businesses to invest in new jobs and expand their operations. The job gains have been broad-based across industries, with the manufacturing sector seeing some of the most significant increases in employment opportunities. According to data from the Bureau of Labor Statistics, there are now 12 million Americans working in manufacturing — an increase of 600,000 since President Trump took office. Other sectors such as healthcare and construction have also seen notable gains over this period as well. In addition to creating more jobs than any other president before him, President Trump's policies have also led to higher wages for American workers across all income levels. Average hourly earnings for all employees on private nonfarm payrolls rose by 3% over the last year — a marked improvement from previous years when wage growth was stagnant or declining due to weak economic conditions. The success of President Trump's economic policies is undeniable and it is clear that his commitment to creating jobs for Americans is paying off in spades. With more people employed than ever before and wages continuing to rise steadily, it appears that America's economy is heading towards a bright future under this administration's leadership — one where everyone can benefit from greater opportunity and prosperity alike!