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The GOP is Celebrating Trump’s First Six Months of Job Creation – But Should They?

Posted on
August 9, 2017
by Anna Borsos
In June 2016, President Obama led a town hall covering many topics, including Donald Trump. The GOP just released an ad using footage from the town hall to show that Trump accomplished exactly what Obama said was impossible.

The video opens with Obama snubbing the now-President saying, “When somebody says – like the person that you just mentioned who I am not going to advertise for – that he’s gonna bring all these jobs back. Well how exactly are you gonna do that? How are you gonna do it?”

Responding to the question posed by Obama, a newscaster is quoted saying, “A big win for the Trump administration, as one of the world’s biggest manufacturers announces plans for a plant in the badger state.”

Again, Obama is shown saying, “Some of those jobs of the past are just not gonna come back.” Another news program is shown rebutting this contention. The newscaster says, “Taiwan-based Foxconn will build a $10 billion plant creating LCD panels and 13,000 jobs.”

In the last clip of Obama, he continues, “He just says I’m going to negotiate a better deal. How exactly are you going to negotiate that?”

The video closes off with three different newscasters saying nearly identical statements – there have been over a million jobs created since President Trump took office.

Is the Unemployment Rate Too Low?

While these stats may be technically true, there are a few things that should be taken into consideration when looking at these numbers. During Obama’s last six months, he also added 1.1 million jobs – almost identical to the number of jobs added by Trump. While Obama’s first six months saw a loss of 3.4 million jobs, he took office during the worst economic downturn since the Great Depression, so a comparison is entirely unreasonable.

By the time Obama’s tenure ended, the economy was close to full employment. At full employment, there are fewer people looking for work; ergo, it is more difficult for a company to find qualified candidates and those that are qualified have less competition. It has been speculated that Obama left Trump with an economy that was too strong.

The Department of Labor says there are 5.7 unfilled job openings in their most recent report. Employers would hire faster if they could find qualified candidates more easily, but they’re having trouble finding those workers.

So yes, President Trump did see 1 million jobs created in his first six months, but other Presidents – including George W. Bush and Bill Clinton – have boasted similar numbers. And there may not be a need for that many unfilled positions.
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