Trump’s Economy: Fewer Jobs, Higher Costs

Washington, D.C. — The new jobs report is bad news for Trump and even worse news for Americans. Overall job growth has slowed, and manufacturing jobs are down, while costs continue to skyrocket, burdening working families with high grocery and utility bills. Trump’s war on clean energy is exacerbating the problem: killing good-paying jobs while electric bills are up 10 percent nationally since he took office. 

Trump’s economy at work: 

• Job growth slowed, with only 22,000 jobs added last month. Unemployment rose to 4.3% – the highest in nearly four years. Manufacturing jobs fell by 12,000 and are now down by 78,000 over the year. 

• Trump’s federal energy policies contributed to battery startup, Natron Energy, shutting down and canceling its planned $1.4 billion factory in Eastern North Carolina, which would have created 1,000 jobs. 

• Trump halted construction of a nearly completed $4 billion wind farm off the coast of Rhode Island, which would have powered 350,000 households in Rhode Island and Connecticut.
• Trump planned to revoke federal permitting for a Maryland wind farm, which would have powered 718,000 homes and supported more than 1,300 jobs.