The unemployment rate has hit its lowest rate in 9 years, per the U.S. Department of Labor.
According to the data, non-farm payrolls rose by 178,000 jobs from October to November, pushing the unemployment rate down to 4.6 percent—the lowest since August 2007. That rate exceeded the expectations of economists surveyed by The Wall Street Journal, who had collectively predicted a 4.9 percent rate (the same as October’s).
Economists surveyed by The Wall Street Journal had expected 180,000 new jobs and a jobless rate of 4.9% in November.
So basically, President Obama cleaned up Bush’s mess. And Trump is jumping for joy over “saving” 1,000 jobs, which is NOT the same as creating jobs. And those 1,000 jobs cost $7 million in tax cuts.