Trump campaign blasts weak August employment report

Donald Trump

Bryan Woolston | Reuters
Donald Trump

August turned out to be a quiet month for hiring, and the weak jobs report Friday drew a loud response from GOP presidential candidate Donald Trump’s campaign.

“The August jobs report shows the stagnant Clinton-Obama economy fails to deliver the jobs Americans desperately need,” according to a statement from economist David Malpass, a Trump campaign adviser.

Malpass, who made an unsuccessful bid in 2010 for the U.S. Senate from New York, worked in the Reagan and first Bush administrations.

A CNBC request for comment from the Clinton campaign was not immediately returned.

The government’s widely watched monthly employment report said that non-farm payrolls rose by just 151,000 last month, with the unemployment rate holding steady at 4.9 percent. Wage growth slowed.

The payroll numbers fell short of the consensus expectation of economists, who were looking for a gain of 180,000.

August has often produced disappointing job numbers; in 10 of the last 13 years, the month has come up short of on market expectations.

In the statement, Malpass cited a gain of just 126,000 new jobs in the private sector, which excludes 25,000 new government jobs added in August.

The Trump campaign also singled out the drop in manufacturing jobs, blaming trade policies that the campaign said has led to “the offshoring of good-paying American jobs and the replacement of American workers at home with lower-paid foreign labor.

“The lack of good-paying jobs is a direct result of the Clinton globalist policies that have sent U.S. jobs and industries overseas,” the statement said

This entry was posted in Elections. Bookmark the permalink.

Leave a Reply