JULY# Fri, Aug 4: +209,000 jobs.

Unemployment down 4.3%...JULY details HERE.. Jobs since Trump took office?... Unemp. rate under Trump? (not yet updated)

Friday, August 4, 2017

July 2017 Unemployment Rate, Jobs

The July 2017 Jobs Report was released by the government's Bureau of Labor Statistics this morning, Friday, August 4. This is another strong report, continuing last month's trend.  This report, while strong, is not better than most of the job reports during the Obama years.

The economy has been adding jobs consistently for 7 1/2 years now.  In fact, in 45 of the 84 months between early 2010 and the end of the Obama Presidency, 200,000 or more jobs were added.

The job reports under Trump (since February) seem to continue this trend of consistent addition of jobs and slow but consistent decline in the unemployment rate. 

July 2017 Job Report Highlights: 
  • The economy added 209,000 jobs, an  above average number of new jobs, and the unemployment rate declined slightly by 0.1% to 4.3% due to people entering the labor force and finding jobs.