Jobs Report: 2017 Had Weakest Jobs Growth In 7 Years

The new jobs report from the Department of Labor is out today showing employers added 148,000 jobs in December missing the estimated 190,000 figure.

Additionally, the October and November numbers were down showing 9,000 less new jobs than previously reported.

Unemployment remains at 4.1%.

Interestingly, back in 2012, Trump told his followers we needed at least 300K new jobs a month for growth. December's number are less than half that.

Plus, it's worth noting that Trump's big claim to being president is his business acumen and job-creating ability. And yet, in his first year in office, he oversaw 2.06 million new jobs added to the U.S. economy while President Obama's last year showed 2.24 million new jobs.

The year 2017 represents the weakest year in job growth since 2010.

Even Fox News delivered the bad news.

Average Monthly #Job Gains
-by year

•2017: 171,000
•2016: 187,000
•2015: 226,000
•2014: 250,000
•2013: 192,000
•2012: 179,000
•2011: 174,000
•2010: 88,000#JobsReport

— Fox News Research (@FoxNewsResearch) January 5, 2018

The #JobsReport confirms what many Americans already know. The policies of @realDonaldTrump and his #GOP enablers have benefited the top 1%, but not the middle class. 2017 had the lowest average monthly job gains of any year since 2010. Democrats have a better deal. https://t.co/lPwxX8OHKV

— Ted Lieu (@tedlieu) January 5, 2018

I'm fine if Trump brags about his #JobsReport & the stock market, but I am not fine when he attacks Obama's numbers in doing so. The FACTS:

Jobs created in 2017 Trump: 2.06m

Jobs created in 2016 Obama: 2.24m

Obama Y1 Stock Market: Up 36.9%

Trump Y1 Stock Market: Up 27.3%

— Brian Krassenstein🐬 (@krassenstein) January 5, 2018

#Macys to cut 5,000 #jobs. Thank goodness #coal is roaring back, right @realDonaldTrump?#JobsReport #ThursdayThoughts #Economy https://t.co/5dAyDFwv0R

— Matt (@nosoupforgeorge) January 4, 2018