By Jeff Crouere at Townhall: (excerpts)
The U.S. Labor Department released another strong employment report today. It showed that non-farm payrolls expanded by 223,000, far exceeding expectations of most economists. The unemployment rate dropped to 3.8%, the lowest since April of 2000. For African Americans, the unemployment rate was the lowest on record, at 5.9%.
After many years of losses, manufacturing jobs have made a comeback under President Trump. This trend continued in May with 18,000 new manufacturing jobs reported. There were also solid gains in healthcare with over 31,000 new jobs and in the construction sector, which added 25,000 new jobs in May. Because of the expanding opportunities for full time employment, the number of people forced to work part-time decreased by 37,000 in May.
It was also encouraging that this growth has been focused on the private sector instead of the public sector. Under President Trump, the federal workforce has actually been trimmed by 24,000 jobs. Although it is only a small decrease in a bureaucracy that includes almost 2.8 million workers, it is a step in the right direction.
In May, not only did the number of jobs increase significantly, but wages also showed solid growth of 2.7%, a marked improvement in a category that has been stagnant for many years. While employment expands, the inflation rate is modest and interest rates remain relatively low by historical standards. . . .
Americans should realize that Democrats will push for the impeachment of President Trump if they gain the 23 seats necessary to take back control of the House of Representatives. This intense hatred of the President will hopefully be rejected by American voters who are much more concerned about the economy than fictitious stories of “Russian collusion.”
In recent months, the polling trends have been moving in the direction of the Republican Party. In generic ballot questions in which voters are asked which party they would like to see control Congress, the advantage for the Democrats has almost disappeared. According to the Real Clear Politics average, the Democratic Party’s lead has decreased to 3.2% from a high of 13% last December. . . .
Let’s hope and pray Americans understand the damage that Nancy Pelosi will cause if she becomes House Speaker again. The only way to prevent such a calamity is to make sure Republicans retain control of the U.S. House of Representatives this fall.