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Longest Consecutive Positive Monthly Job Growth in United States History

The United States economy is continuing its longest streak of consecutive positive monthly job growth at 94 months, with 3.9 million jobs created since President Donald J. Trump was elected in November 2016.

Job growth has been strong across the board during the first 18 months of this Administration, and in July the manufacturing and professional & business services industries experienced significant gains. Since President Trump was elected, goods-producing industries (construction, manufacturing, mining, and logging) have added more than 900,000 jobs.

A separate BLS Household Survey offers more indications of a strong, growing U.S. economy. The unemployment rate edged down 0.1 percentage point (p.p.) over the month to 3.9 percent, a 0.9 p.p. decrease since January 2017. This is just the eighth time since 1970 that the unemployment rate has fallen below 4 percent, with three of these occasions occurring in 2018. The unemployment rate for Hispanics has reached another historic low, reaching 4.5 percent in July. This is the second month in row the unemployment rate for Hispanics has reached the lowest level recorded since the series began in 1973. The July unemployment rate for individuals with less than a high school diploma fell 0.4 p.p. over the month to 5.1 percent in July, the lowest level since the series began in 1992. The July unemployment rate for adult men was 3.4 percent, the lowest since December 2000.

(emphasis, mine)

Related:

Government Jobs Down 13,000 in July
 

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