“President Trump’s America First Economic Agenda has ignited a flourishing economy — job opportunities are rising, unemployment rates are falling, wages are on the upswing, and inflation appears to be under control. In May alone, over 139,000 quality jobs were created in the private sector, all filled by American-born workers. Americans should continue placing their trust in President Trump, who consistently exceeds expectations.” — White House Press Secretary Karoline Leavitt
President Donald J. Trump’s America First initiative is leaving a significant imprint on the U.S. economy, demonstrated by remarkable growth in the private sector, surging job creation, and increasing wages for American workers.
Today’s jobs report serves as a testament to this progress:
- In May, the U.S. added 139,000 jobs — surpassing projections for the third consecutive month, with the private sector contributing to all net job gains.
- Leisure and hospitality: +48,000 new jobs
- Transportation and warehousing: +5,800 new jobs
- Construction: +4,000 new jobs — marking the fourth month in a row of job increases
- Wages for everyday Americans continue to grow, with real average hourly earnings climbing nearly 4% over the past year — significantly exceeding economists’ forecasts.
- Since President Trump assumed office, real disposable personal income has surged at a 7.5% annualized rate — more than three times the speed observed during the final year of the Biden Administration.
- All job gains since President Trump took office in January have been attributed to native-born American workers — a stark reversal from the previous two years’ trends.
- Remarkably, 99.8% of job growth has occurred in the private sector since President Trump’s inauguration. In contrast, during the last two years of the Biden Administration, one in four jobs created were in government roles.
Here’s what notable figures are saying:
- Council of Economic Advisers Chair Steve Miran: “The President is achieving substantial job creation since taking office — over half a million jobs have been generated, all for native-born Americans.”
- Economist Steve Moore: “We are witnessing a remarkable economy … expect 4.5% GDP growth for the second quarter and low inflation — this indicates that jobs are available for those who seek them.”
- Job Creators Network CEO Alfredo Ortiz: “The small business sector is thriving, and the private economy is on an upward trajectory. This aligns perfectly with Donald Trump’s goal to reverse the policies set by Biden … It’s gratifying to see the resurgence of private sector jobs.”
- Fox Business Network’s Cheryl Casone: “The markets may be buoyed by the absence of job losses … this could lead to increased consumer spending this summer. With lower gas prices, people might embark on trips they hadn’t planned — a promising economic narrative.”
- ERShares CEO Joel Shulman, Ph.D.: “There’s a sense of optimism on the horizon … the CPI from last month served as a catalyst. Coupled with this unexpectedly strong jobs report, we are likely looking at a more positive economic outlook.”
