Job creation has slowed down over the past 3 years (1 Viewer)

[UncleTrvlingJim]

Getting away from Trump as a person, let's talk policies. Has the economy improved under Trump and what metric are you using? I'll start by saying the economy is very good right now. But I've also been saying the economy has been very good for about 5 years now. One thing proponents of the tax cuts have talked about is job creation, however, job creation has actually slowed down the past 3 years (compared to the last 3 years of Obama....

Trump Has Created 1.5 Million Fewer Jobs Than Obama

Trump’s economy is not the best ever. In fact Obama added 1.49 million more jobs than Trump over a comparable timeframe, and on a yearly basis Trump has not generated more jobs than any of Obama’s last 3 years even with the tax cut helping 2018’s result.

www.forbes.com

So, how do you measure economic success, and how has it improved (or not)?

Keep in mind, that the current economy is fueled by greater debt than under the final Obama years.

Please note, that I'm generally not a fan of giving all credit or blame to the President.

 

[wardorican]

Jobs haven't been a problem for a while. It's the quality and type of jobs, and wages that are the issue.

 

[UncleTrvlingJim]

Jobs haven't been a problem for a while. It's the quality and type of jobs, and wages that are the issue.

I think wages have been increasing recently, as the labor market has continued to tighten. I think this is an area where there is a definable metric that seems to have improved over the last 3 years.

 

[wardorican]

I think wages have been increasing recently, as the labor market has continued to tighten. I think this is an area where there is a definable metric that seems to have improved over the last 3 years.

I'll let you know if I agree in about a week or two.

 

[Ayo]

Canada has been on an historic run of job creation after a pretty dismal summer. But even when hiring slowed, wage growth grew even while unemployment rose. Now that unemployment is shrinking, more and more jobs are being added, and wages are growing - it's been a decent run for the economy up here. So I don't think it's a US-only thing, but I'm also not sure how indicative it is of/in other countries.

 

[MT15]

I heard on a podcast about a year ago or so, that job growth was a worldwide phenomenon. FWIW.

 

[Ayo]

I heard on a podcast about a year ago or so, that job growth was a worldwide phenomenon. FWIW.

Thanks, Globeama

 

[Lazybones]

Thanks, Globeama

No you didn’t!!!! I did spit my coffee a little. Good one.