It looks like Trump has shown good performance as the US faced series of unfortunate events particularly the hurricanes that hit the country. The Unemployment rate droped as Trump’s administration added approximately 200,000 jobs.
“You can look it at as a marathon or a sprint. Other expansions were more like a sprint. This is a marathon,” says Robert Frick, chief economist at the Navy Federal Credit Union. Another way to put it: “The party can go on for a lot longer. It’s just not a wild party.”
Labor conditions are back to normal as unemployment rate in the US dropped to 4.1% and it is the lowest in 17 years despite losing 33,000 jobs in September due to Hurricanes Harvey and Irma.
What seems to be impressive is that this may be the best that has ever happened under the Trump administration. However, it still remains as a mystery on why wages refuse to grow. Surely, Trump still has a long way to go.
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