The US economy added 5,583,000 jobs, according to the US Bureau of Labor Statistics.This is the highest number of jobs created in the first 10 months of any presidency since records began in 1939. Wages in the US are up 4.9% this October compared with the same time last year.
Now let’s talk about TFG. Trump was the first president since Hoover to leave office with less jobs. But the economy grew only 2.3% in 2019
The real GDP declined 3.4% in 2020 from the previous year. It was the largest drop since 1947
The real GDP declined 3.4% in 2020 from the previous year. It was the largest drop since 1947
The economy lost 2.9 million jobs. The unemployment rate increased by 1.6 percentage points to 6.3%.
The international trade deficit Trump promised to reduce went up. The U.S. trade deficit in goods and services in 2020 was the highest since 2008 and increased 40.5% from 2016.
The federal debt held by the public went up, from $14.4 trillion to $21.6 trillion. The number of people lacking health insurance rose by 3 million.
Illegal immigration increased.
Handgun production rose 12.5% last year compared with 2016, setting a new record.
The murder rate last year rose to the highest level since 1997.
The murder rate last year rose to the highest level since 1997.
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