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Sunday, August 20, 2017

Making America Great Again -- Joblessness Falling In Trump-Supporting States -- August 20, 2017

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Making America Great Again

Jobs. From The Wall Street Journal:  Joblessness Falls Quickly in Several Trump-Supporting States.
Swing states that played a key role in electing Donald Trump president have posted some of the biggest declines in unemployment during the early phase of his administration.
Six states voted for President Barack Obama, a Democrat, in 2012 and then Mr. Trump, a Republican, in 2016: Ohio, Michigan, Florida, Iowa, Pennsylvania and Wisconsin.
The median unemployment rate of those switchover states has fallen far faster than the national median this year, according to an analysis of data released by the Labor Department on Friday. The median rate of those states stood at 3.9% as of July, down from just under 5% in December. By comparison, the national median fell to 4.1% in July from 4.7%.
Among the switchover states, Wisconsin and Michigan have seen unemployment fall the quickest this year. Over the past three months, the average jobless rate in Michigan fell nearly 1.2 percentage points, to 3.9%, compared with the final quarter of 2016, just before Mr. Trump took office. Only three other states in the U.S. saw a deeper drop in joblessness.
The rate fell 1 percentage point in Wisconsin to 3.1%. That drop ranked seventh in the U.S. Florida, where joblessness stood at 4.2% in July, ranked 12th with a 0.7 percentage point drop.
Most switchover states are in the Midwest, where the economy has diversified in recent years but still remains big in manufacturing.


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