President Trump’s approval rating was on the rise in April as new economic reports show record low unemployment for Hispanic-Americans, more than 275,000 jobs created last month alone, and jobless claims at levels not seen since 1969.
“The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 50% of Likely U.S. Voters approve of President Trump’s job performance. Forty-seven percent (47%) disapprove,” reports Rasmussen.
“The latest figures include 35% who Strongly Approve of the job Trump is doing and 39% who Strongly Disapprove. This gives him a Presidential Approval Index rating of -4,” adds the survey.
The strong economic report could spell disaster for over 20 Democratic candidates who have slammed the President’s approach to tax cuts and job growth.
Read the full survey here.
ECONOMY SOARS: African American, Hispanic Unemployment LOWEST IN HISTORY
The unemployment rate for African American and Hispanic workers plunged to the lowest levels ever recorded Friday as the US economy roars to life under President Trump and the Republican-controlled Congress.
The newest figures released by the US government show the unemployment rate for African American workers dropping to 6.6% and the unemployment rate for Hispanic workers plunging to 4.8%.
“There’s a heck of a lot of good news in this report,” said Kevin Hassett, chairman of the White House Council of Economic Advisers.
“The African-American unemployment rate dropped to 6.6 percent. That’s the lowest rate on record, and significant because black workers’ unemployment is typically double that of whites,” adds CBS News.
The strong economic data comes after similar reports show GDP and jobless claims smashing expectations as more and more Americans head back to work in the second quarter of 2018.
Just this week, similar reports showed unemployment claims dropping to the lowest levels seen since 1973.
ECONOMY SURGES: April Jobs 263K+, Unemployment AT 3.6%, Lowest Since DEC 1969
The American economy smashed expectations in April; adding over 263,000 new jobs that sent the unemployment rate down to just 3.6% -the lowest level on record since December 1969.
“The U.S. jobs machine kept humming along in April, adding a robust 263,000 new hires while the unemployment rate fell to 3.6%, the lowest in a generation, according to a Labor Department report Friday,” reports CNBC.
“Unemployment was last this low in December 1969 when it hit 3.5%. At a time when many economists see a tight labor market, big job growth continues as the economic expansion is just a few months away from being the longest in history,” adds the author.
The strong data comes as over a dozen Democratic presidential candidates continue to slam the US economy; saying capitalism “has failed” for many Americans and pledging to repeal President Trump’s tax cuts should they take the White House.
Read the full report at CNBC.