‘Wow America’: Trump questions how he can be impeached with US unemployment at a 50-year low

'Wow America': Trump questions how he can be impeached with US unemployment at a 50-year low

Reuters President Donald Trump in a tweet praised Friday’s jobs report , which showed a 50-year low for US unemployment, and criticized Democrats’ impeachment proceedings. "Wow America, lets impeach your President (even though he did nothing wrong!)," the president tweeted Friday morning . The US unemployment rate fell to 3.5% in September, the lowest level since 1969. American businesses also added 136,000 nonfarm payrolls in September, missing analysts’ 147,000 estimate. President Donald Trump in a Friday tweet praised the latest government jobs report and criticized Democrats’ impeachment inquiry, saying he "did nothing wrong!" The Bureau of Labor Statistics’ Friday jobs report showed that the US unemployment rate hit a 50-year low, falling to 3.5% in September . "Breaking News: Unemployment Rate, at 3.5%, drops to a 50 YEAR LOW," Trump tweeted . "Wow America, lets impeach your President (even though he did nothing wrong!)." The report also said the US added 136,000 nonfarm payrolls last month, falling under the consensus analyst estimate of 147,000. Average hourly earnings also cooled through the end of summer, increasing by 2.9%, under the average pace set in previous months. Tensions from the US-China trade war have squeezed the American job market as companies slow hiring amid economic uncertainty. Data on the US manufacturing industry released Tuesday showed the sector falling further into contraction last month . The nation’s service industry posted its weakest pace in three years in September, according to a Thursday report from the Institute for Supply Management . Read more: […]

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.