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GOP Says Jobs Numbers Under Trump Unprecedented

GOP Says Jobs Numbers Under Trump Unprecedented Promo Image

The Republican National Committee tweeted Aug. 6 that job growth during the first six months of President Donald Trump's administration has been historic.

A total of 1.07 million jobs have been created since Trump took office in January, the Washington Post reported.

The RNC tweeted that this record showed "Unprecedented economic growth."

The Post's report questions whether this is true. During the last six months of previous President Barack Obama's second term in office, more jobs were created than during Trump's first six months.

Moreover, a greater number of jobs were created during any six-month period under Obama since mid-2013 than under Trump.

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Even assuming the RNC meant that such job growth was unprecedented during the first six months of any president's administration, that also would have been incorrect. The first six months of previous President Jimmy Carter's presidency saw the emergence of more than 2 million new jobs, while net job growth during previous President Bill Clinton's first half year in the White House was 1.25 million.

Adjusting for population growth, the 900,000 new jobs that emerged under former President George H.W. Bush's period in office would also surpass Trump's figure.

Trump supporters argue that the creation of more than a million jobs is a significant achievement. Kayleigh McEnany, the former CNN commentator who recently left the broadcast, stated that the jobs numbers prove that Trump has "clearly steered the economy back in the right direction."

Trump has also pointed to the record high stock market as a sign of economic recovery. It recently passed 22,000 for the first time, according to Business Insider.

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The latest jobs report released Aug. 4 revealed that U.S. employers added 209,000 positions in July, which was slightly more than analysts expected. Trump wrote on Twitter that the report was "excellent," according to the Los Angeles Times.

The paper noted, however, that Trump's comment appeared to violate a federal regulation which prohibits members of the executive from commenting on such reports within an hour of their publication. Trump's tweet came 15 minutes after the report was presented.

The July numbers also showed unemployment falling slightly from 4.4 percent in June to 4.3 percent in July. Average hourly earnings rose by 9 cents or less than 1 percent.

Business Insider pointed out that average job growth during the first seven months of 2017 is roughly the same as it was in 2016. In addition, it noted that consumer confidence has declined somewhat since March, when it peaked after Trump's election.

Sources: Washington Post, (2), Los Angeles Times, Business Insider / Featured Image: U.S. Department of Energy/Flickr / Embedded Images: Ash Carter/Flickr, NaSA/Aubry/Gemignani/Flickr

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