Love him or hate him, job creation is happening under President Trump – 1.29 million jobs have been created since he took office in January – helped with the addition of 209K positions in July, plus June data was revised higher by the Bureau of Labor Statistics. And the unemployment rate dropped to 4.3%.
Trump is just getting started…. so he said in a tweet Friday following the July jobs data.

Indeed, coincidently on Friday, Toyota (TM) and Mazda announced a plan to invest $1.6 billion in a U.S. factory, in a state yet to be named. This is expected to create 4,000 jobs. Last month, Apple (AAPL) supplier Foxconn agreed to open a factory in Wisconsin, which is expected to generate 3,000 jobs and the company indicated that number could grow.
Still, some remain skeptical of the President. Newsweek’s new cover labeled him ‘Lazy Boy’. FOX Business anchor Neil Cavuto took issue with the cover, calling it “unfair to the President of the United States” while also acknowledging that POTUS is far from perfect. He also defended the way job creation and economic progress should be covered regardless of politics. “Was that all the President? No but it happened under the President and similar good things happened under Barack Obama, all the media would naturally credit Barack Obama, it flips the other way too if it doesn’t go your way,” he points out.
Even before President Trump officially took office in January he began strong arming American CEOs, some of whom, reversed plans to move jobs overseas.
In November of last year, Carrier, a unit of United Technologies (UTX) agreed to keep 1,100 jobs in Indianapolis. While the company said in a July statement Opens a New Window. that it remains committed to these jobs, a realignment of manufacturing operations will impact “600 Indianapolis jobs over the next several months” as previously announced.
Then came Ford (F), which scrapped plans to move production of the Lincoln SUV from Kentucky to Mexico, prompting the President to give a shout out tweet to scion Bill Ford.

The President is also attempting to revive the beleaguered coal industry with the opening of the Acosta Coal Mine in Pennsylvania, the first in many years. Corsa CEO George Dethlefsen told FOX it will create 70 jobs.
Five of the six months since taking office, the economy has generated north of 200K jobs, the level economists like to see for a growing economy. These numbers have the White House in a celebratory mood.
Jobs Created in 2017
- January: 216K
- February: 232K
- March: 50K
- April: 207K
- May: 145K
- June: 231K
- July: 209K
Source:Bureau of Labor Statistics
“We now have created well over a million jobs since the Trump administration [has] come into office and since the election. The economy continues to grow. We got a GDP number last week of 2.6% for the quarter, unemployment rate down to 4.3%, back down to a 16-year low. Things are on course for the economy,” Gary Cohn, White House National Economic Advisor, told FOX Business’ Stuart Varney.
Not everything is as rosy as the White House would like. While jobs are growing the U.S. economy is still struggling to see sustained GDP growth above 3%, but there are signs of a rebound. An advance estimate for 2Q came in at 2.6% last month, stronger than the 1Q’s 1.2% showing.
And then there’s the question of stalled policies such as healthcare, which some say spells doom and gloom for tax reform, a cornerstone of the Trump administration’s pro-business push.
Still, despite those concerns investors like what they see so far. U.S. stocks continue to notch fresh records with the Dow Jones Industrial Average scoring a new milestone this week – 22K. Roughly $4 trillion in market value has been added to the stock market under President Trump with the S&P 500 averaging a 10.5% return for 2017 giving 401(K)s, pension funds and investment accounts a solid boost.
Suzanne O’Halloran is Managing Editor of FOXBusiness.com and a graduate of Boston College. Follow her on @suzohalloran Opens a New Window. .

President Trump on Wednesday signed a bill imposing sanctions on Russia, after the legislation overwhelmingly passed the House and Senate.
Top health insurance companies in numerous states are looking to hike premiums by double-digits – some by roughly 30 percent or more – for ObamaCare plans in 2018, according to newly released figures that could light a fire under stalled efforts on Capitol Hill to fix the program.
President Trump late Friday replaced his embattled chief of staff Reince Priebus with Homeland Security Secretary John Kelly, the decorated retired general who had been leading his administration’s charge on immigration enforcement.

Speaking to reporters, White House press secretary Sarah Sanders cited Kelly’s role at the Department of Homeland Security in working to reduce illegal immigration.
Nearly two-dozen Republicans are calling on the Trump Justice Department to appoint a second special counsel to investigate the raft of 2016 campaign controversies involving Hillary Clinton and the Obama administration, warning these questions cannot “be allowed to die on the vine” amid the Russia probe firestorm.
A House IT staffer at the center of a congressional computer equipment scandal has been arrested by federal officials and charged with bank fraud, Fox News has learned.
Authorities also have looked into IT workers putting sensitive House information on the “cloud” and potentially exposing it to outside sources.
Why are Democratic Party Donors being picked to investigate the GOP Administration?





White House Press Secretary Sean Spicer has resigned over the hiring of a new top communications aide, sources confirmed Friday to Fox News.
The more liberal a person, the more he tends to run with the pack. The more conservative, the more individualistic he tends. When it comes to governance, the pack animals stick together better than the mavericks.
Michael Doran made the remarks at the Hudson Institute in Washington, DC, where he is a senior fellow on Middle East security and was a panelist for a discussion at the institute on Russian meddling in the U.S. 2016 presidential election. The conversation quickly shifted to Trump and his campaign’s relationship with the Russians and the ongoing investigation into it.
President Trump at the start of his meeting Saturday in Germany with Chinese President Xi Jinping called China a “great trading partner” and said the increasing North Korea nuclear threat will eventually be resolved “one way or the other.”
The newest member of the Supreme Court already is making his mark after just three months on the job, effectively restoring a conservative tilt to the bench in decision after decision – amid mounting speculation over whether President Trump could soon have the chance to pick a second justice.





SALT LAKE CITY — The Church of Jesus Christ of Latter-day Saints could have a significant impact on the upcoming ballot initiative for medical marijuana in Utah.
The U.S. Supreme Court has announced that it will hear the Trump administration’s appeal of a lower court’s ruling that blocked the president’s executive order temporarily restricting travel from several terror-risk, Muslim-majority countries.
Sen. Bernie Sanders and his wife have hired defense attorneys amid an FBI probe into a loan the senator’s wife procured for Burlington College while she was school president, according to news reports.
Politico also reports that federal prosecutors could be looking into allegations that Sen. Sanders’ office tried inappropriately to get the bank to approve the loan.
The Supreme Court’s term ends next week with growing speculation that Justice Anthony Kennedy–the panel’s most pivotal member–may retire at age 80 after 29 years on the court.

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