Job Creation for March 2017

The Labor Department announced that the economy created 98,000 jobs in March and the unemployment rate was at 4.5%.  Job Creation was almost 200,000 jobs less than the previous month of February.  The Trump administration was mostly silent on the numbers after celebrating the job numbers for February.  

Time will be the judge if the Trump administration can live up to the pronouncements of creating 20,000,000 new jobs.  History tells us that number has been reached only once, when the Clinton administration created 22.7 million new jobs.  The real question is will the Trump administration really be a job creating administration. Talk is cheap and Trump is already behind his own predictions of what his administration would accomplish in his first 100 days in office.  And the latest information on his tax reform plan is that the plan is being changed big time and will not look at all like the plan he proposed during the campaign and after he was elected.

This writer thinks Trump will have to look more and more to the democrats in congress to really accomplish any thing meaningful.  The hand writing is on the wall.  And I am not talking about a border wall that some of his republican friends are saying never will be built.  It is known that Trump's budget request to pay for the wall will be paid by the American people, if built at all.  

This commentary written by Joe Lorio