“President Trump’s America First Economic Agenda has created a BOOMING economy — jobs are up, unemployment is down, wages are increasing, and inflation is dead. More than 139,000 good jobs were added to the private sector in May, all accounted for by American-born workers. Americans should continue to trust in President Trump, who continues to beat expectations.” — White House Press Secretary Karoline Leavitt
President Donald J. Trump’s America First agenda is making its mark on the American economy — with explosive private sector growth, job gains, and wage increases for American workers.
Look no further than today’s jobs report for proof:
- In May, the U.S. added 139,000 jobs — smashing expectations for the third straight month, with the private sector accounting for all net job gains.
- Leisure and hospitality: +48,000 new jobs
- Transportation and warehousing: +5,800 new jobs
- Construction: +4,000 new jobs — the fourth straight month of job increases
- Wages for everyday Americans continue to rise, with real average hourly earnings up by nearly 4% over the past year — far higher than economists’ expectations.
- Since President Trump took office, real disposable personal income has risen at a 7.5% annualized pace — more than three times the pace than the final year of the Biden Administration.
- Native-born American workers now account for ALL job gains since President Trump took office in January — reversing the opposite trend from the past two years.
- Since President Trump took office, 99.8% of job gains have been in the private sector. During the final two years of the Biden Administration, one in four jobs created were in government.
Here’s what they’re saying:
- Council of Economic Advisers Chair Steve Miran: “The President is succeeding in creating hundreds of thousands of jobs since he came into office — more than half a million jobs since he came into office — and they’re all going to native-born Americans.”
- Economist Steve Moore: “This is a blockbuster economy we’re seeing … 4.5% GDP for the second quarter, low inflation — this is telling us right now the jobs are out there for people who want them.”
- Job Creators Network CEO Alfredo Ortiz: “The small business economy is growing and the private economy is growing. This is exactly what Donald Trump wanted to do for reversing everything that Biden had done … It’s so good to see that we’re actually creating private economy jobs again.”
- Fox Business Network’s Cheryl Casone: “The markets might be encouraged by the fact that you aren’t seeing job losses … that means that people are maybe going to start spend this summer. They might go actually take a trip they weren’t planning to take — and look, gas prices are lower right now. We’ve got great gas prices, so I think this could be a really good economic story.”
- ERShares CEO Joel Shulman, Ph.D.: “There’s optimism here on the horizon … CPI last month was a catalyst. I think we’re going to see another catalyst on June 11, coupled with this better-than-expected jobs report — so I think things are looking more optimistic.”