FACT CHECK: 3 false claims Trump made about the economy at his State of the Union address - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

FACT CHECK: 3 false claims Trump made about the economy at his 3rd State of the Union address

President Donald Trump sought to shift focus to his strongest campaign pitch Tuesday night: the economy.

The president has steadily polled better on jobs and GDP than on his overall performance in office. And approval of his handling of the economy has only continued to climb,There are plenty of economic talking points for Trump to highlight: The unemployment rate is at its lowest level in 50 years, financial markets are hovering near record highs, and the administration is celebrating back-to-back trade deals with China and North American neighbors.

Claim 2: "Since my election, we have created 7 million new jobs, 5 million more than government experts projected during the previous administration … The average unemployment rate under my administration is lower than any administration in the history of our country.". The labor market has been expanding for a record 111 months. About 6.7 million jobs have been created since Trump took office in 2017, an amount that is solid but not unprecedented.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines