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Only about 1.8 million jobs have been created since January 2017, according to the Bureau of Labor Statistics, the slowest jobs gain since 2010.
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Wages have been moving upward trend since 2014, according to the BLS. Their growth slowed during the first year of Trump’s presidency.
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Jobless claims rose to 233,000 last week. So it’s a six-week low, not a 45-year low. Besides, the number of jobless Americans who even qualify for unemployment insurance keeps shrinking.
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The S&P 500 gained about 33.3 percent from Obama’s inauguration through his first State of the Union, compared with 25.5 percent under Trump.
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This is false when one compares it in inflation-adjusted dollars, the recent tax bill is the fourth-largest since 1940. And as a percentage of GDP, it ranks seventh.
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A raft of independent analyses show that more than three-quarters of the individual tax cuts will go to people who earn more than $200,000 a year in taxable income – the richest 5 percent of all taxpayers.
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Fewer than 2.5 percent of American workers have received one-time bonuses so far, and many of the companies offering bonuses are on Wall Street.
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Apple didn’t say whether its moves had been long planned or spurred by the tax changes, or even whether it’s increasing its level of U.S. investment from previous years.
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Chrysler’s plan to invest $1 billion in a factory in Michigan was in motion before Trump’s election, according to its CEO, who credits talks with the United Auto Workers in 2015.
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An immigrant who becomes a U.S. citizen could petition a parent or siblings to become U.S. Citizens but there is a long queue for certain relatives to come through family sponsorship. For brothers and sisters of U.S. citizens, the waiting period is over 13 years.
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As a percentage of our total economy, the United States is one of the least generous of all wealthy nations, ranking 22nd out of 29 – putting us between Slovenia and Portugal.
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