The Phase One deal includes very ambitious goals for China to buy U.S. agricultural products. As for the numbers in employment, almost seven million more people were recorded as employed in January this year than when Mr Trump was elected in November 2016. For 2019, the data shows an annual average growth of 2.3%, ending the year at 2.1% for the fourth quarter.This is significantly less than the 5.5% peak achieved in the second quarter of 2014 during the Obama presidency.And if you go further back, there were times in the 1950s and 1960s when GDP growth was even higher. The African American and Hispanic American unemployment rate hit 5.5% and 3.9% respectively in September 2019 - the lowest rates recorded since the US Labor Department started collecting these statistics in the 1970s.For Asian Americans, records only go back to 2003. However, this figure takes into account the final months of the Obama presidency. These were going I provide independent research of technology companies and was previously one of two analysts that determined the technology holdings for Atlantic Trust (Invesco's highI provide independent research of technology companies and was previously one of two analysts that determined the technology holdings for Atlantic Trust (Invesco's high net worth group), a firm with $15 billion under management. This is lower than the real wage increases of more than 2% that President Obama oversaw in 2015.Household income has also been growing - but the rate of increase has slowed in the last few years.In 2018, median household income was $63,179, which official data says is not statistically different from the previous year. He also said that since his election, seven million more Americans were now on the employment roll.In January this year, the unemployment rate was 3.6%. The U.S. Bureau of Economic Analysis It appears that the tax cuts that started in 2018 helped for one year but don’t have much of a carryover effect.
The most recent rate is 2.0%. Businesses were too unnerved by the trade war to spend money on new factories or equipment — a key driver of growth. Growth under Trump has yet to hit his oft-promised 3% mark annually. The promise that they would pay for themselves has not materialized as the The outlook for a slower economy caused the Fed to lower interest rates and increase its balance sheet, which led to the stock market’s rallying in 2019 Trump didn’t do himself any favors with the trade wars he started and even the signing of the The unemployment rate has dropped steadily from its peak of 10% in late 2009. The gains are largely driven for the same reasons as the Dow, but one interesting aspect is that the $1 trillion market cap companies (Apple, Microsoft, Amazon, and Alphabet/Google) have had an outsized influence on the index. Unemployment shot up dramatically during the financial crisis at the end of George W. Bush's and …
"The unemployment rate for African Americans, Hispanic Americans and Asian Americans has reached the lowest levels in history," he said.