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Also see: Black unemployment; coal; economy; employment;
hire American; promises; unemployment;
December 26: Trump swears his administration
will only 'buy American and hire American'
What he didn't explain in his Instagram vow, however, is why his businesses
haven't yet followed those rules that he claims to be so "simple." In the last
15 years, Trump's businesses have hired "at least 1,256 foreign guest workers,"
CNN
reported. Since Trump launched his presidential campaign in 2015, his
companies
have requested "at least 190 foreign visa workers."
January 17:
General Motors (GM)
announced plans to invest at least $1 billion in U.S. factories. The company
also committed to creating or retaining about 7,000 U.S. jobs in the next few
years ... These plans have been in the works for some time, according to a company
executive, and aren't part of any arrangement with President Trump.
http://money.cnn.com/2017/02/17/news/companies/donald-trump-jobs-watch/index.html
January 21: Trump: Jobs Returning ‘Because
of Me’ ... Two days before becoming president, Donald Trump tweeted that GM,
Ford, Lockheed Martin and others announced investments and job creation in the
U.S. “because of me!” But industry experts and company officials say the recent
moves were largely market-driven and were in the works before Trump was elected.
To be sure, CEOs at the companies Trump listed — all of whom have met personally
with Trump since his election — have said they are encouraged by Trump’s
promises to cut regulations and lower corporate taxes, moves they said that will
allow them to grow.
But are the flurry of recent corporate announcements about investments and job
creation in the U.S. symptomatic of the Trump effect? The answer is more complex
than Trump’s tweets suggest. Many of the company announcements tweeted by Trump
— especially those from GM and Ford — fit a years-long trend.
https://www.factcheck.org/2017/01/trump-jobs-returning-because-of-me/
February 9:Intel repeats Obama-era pledge to
invest billions in a new factory
... just last year, the
company laid off more than 12,000 employees to restructure
operations. Also, this isn't the first time Intel has committed to creating jobs
and investing billions to make Fab 42. It made a similar announcement in
2011 but then backed
off [due to lack of demand for the product].
https://www.pcworld.idg.com.au/article/613974/intel-repeats-obama-era-pledge-invest-billions-new-factory/
March 7: ExxonMobil announced plans Monday to create 45,000 jobs along the Gulf Coast
by 2022. In a White House video, Trump said it was happening "to a large extent
because of our policies and the policies of this new administration."
March 10:Trump did not add 235,000 jobs to the economy. Obama did.
“One of the most important elements of analyzing labor market reports is that
they’re lagging indicators so they tend to be a reflection of what has been
happening in the economy in the prior six months to a year,” Frances Donald,
senior economist at Manulife Asset Management, told the publication. “The jobs
numbers that we’ll see six months from now will probably be a better reflection
of the new administration.”
https://newrepublic.com/minutes/141266/trump-not-add-235000-jobs-economy-obama-did
March 17: Trump touted January gains that
occurred before his inauguration.
It’s true that the U.S. economy has added 473,000 jobs this year,
according to the Bureau of Labor Statistics. But Trump wrongly takes credit
for the 238,000 jobs added in January to make the claim that “nearly half a
million” jobs have been created “since I took the oath of office.”
The BLS measures payrolls as of
the week containing the 12th day of the month. Trump wasn’t sworn in until
Jan. 20. So the January numbers were based on a survey that was concluded
before Trump took office.
April 11: "We've created over 600,000 jobs already over a very short
period of time and it's going to really start catching on now," Trump said
Tuesday at the White House, flanked by his top advisers and the CEOs who are
members of his
Business Advisory Council. ... 317,000 jobs have been created since Trump
took office. The president is trying to take credit for nearly double that
number of jobs.
http://money.cnn.com/2017/04/11/news/economy/donald-trump-jobs/index.html
April 18:Buy American and Hire
American: Putting American Workers First
On April 18, 2017, President Trump signed the
Buy American and Hire American Executive Order, which seeks to create higher
wages and employment rates for U.S. workers and to protect their economic
interests by rigorously enforcing and administering our immigration laws. It
also directs DHS, in coordination with other agencies, to advance policies to
help ensure H-1B visas are awarded to the most-skilled or highest-paid
beneficiaries.
USCIS is working on a combination of rulemaking, policy memoranda, and
operational changes to implement the Buy American and Hire American Executive
Order. We are creating and carrying out these initiatives to protect the
economic interests of U.S. workers and prevent fraud and abuse within the
immigration system.
https://www.uscis.gov/legal-resources/buy-american-hire-american-putting-american-workers-first
April 25:
Betraying 'Hire American' Pledge, Trump Rewards Companies Offshoring US Jobs ...
Though he has the
power, President Trump has yet to wield his executive authority to stop U.S.
jobs from being shipped abroad
April 25:
After promising to create one million new jobs in the U.S., Jack Ma is taking a
big first step on delivering.
Alibaba Group announced today that it will inaugurate its effort to empower U.S.
small businesses, entrepreneurs and farmers to sell to hundreds of millions of
Chinese consumers at "Gateway 17," a small business summit that will be held in
Detroit, Michigan on June 20-21.
April 28:While Trump focuses most of his complaints [on] Mexico and
China, the most recent TAA filings show more [American] jobs heading to India
than any other country -- at least 2,500 positions. Mexico is the next largest
destination for U.S. jobs, with about 2,000 jobscrossing the
border, followed by the Philippines, where about 1,000 jobs are headed. About
700 jobs are identified as moving to Canada, while 600 jobs are headed to China.
http://money.cnn.com/2017/04/28/news/economy/foreign-job-losses-trump-100-days/index.html
April 29:President Donald
Trump used the occasion of his first 100th day in office to hold a
campaign-style rally in Harrisburg, Pennsylvania, touting his record and taking
aim at the national media.
May 23:
Carrier still plans to ship roughly 300 jobs to Mexico ... Trump convinced
Carrier to keep its Indianapolis plant open, but the company is still moving
jobs and automating
Carrier ... informed the state of Indiana this week that it will soon begin
cutting 632 workers from an Indianapolis factory. The manufacturing jobs will
move to Monterrey, Mexico, where the minimum wage is $3.90 per day.
May 24:
Few of the jobs companies are promising to create in the U.S. can be
attributed to a sudden renewed commitment to USA Inc. inspired by Trump’s
“America First” policies ... as usual with corporate investments of this
scale, such plans are typically months — or even years — in the making,
suggesting they long predate the presidential election.
https://www.snopes.com/everything-donald-trump-accomplished/
June 1:Before we discuss the
Paris Accord, I’d like to begin with an update on our tremendous — absolutely
tremendous — economic progress since Election Day on November 8th. The economy
is starting to come back, and very, very rapidly. We’ve added $3.3 trillion in
stock market value to our economy, and more than a million private sector jobs.
https://www.whitehouse.gov/briefings-statements/statement-president-trump-paris-climate-accord/
June 2: About
138,000 jobs were added to the U.S. economy in May, according to the monthly
jobs report released by the
Bureau of
Labor Statistics Friday morning. Economists had been expecting to see
job gains of about 185,000 ...
July 24: Trump
boom? Not so far. GDP to show U.S. economic recovery still historically weak
Despite all the sturm und drang halfway through a wild first year for President
Trump, the U.S. economy is no better off now than before he took office.
August 4:
Of course, Trump's six-month record is far better than Obama's first six
months, when 3.4 million jobs were lost. That's because Obama was sworn in
during the worst economic downturn since the Great Depression, when the
economy was hemorrhaging jobs.
By contrast, Obama handed Trump an economy that was close to what economists
consider full employment. The unemployment rate on Inauguration Day was
4.8%, and it has fallen since then, to 4.3% in July.
August 10:
President Trump
touted the fact that 1,074,000 jobs have been added to the economy since he
took office on social media Wednesday.
While that number is accurate according to
numbers from the Bureau of Labor Statistics, experts warn that it may not be
the best measure for taking the temperature on the economy, and certainly not an
accurate reflection of Presidential efforts.
Employment has been steadily increasing since at least 2013, says Jennifer Hunt,
former Chief Economist of the U.S. Department of Labor, and any president—not
just Trump—is likely not to have as big of an impact on job creation statistics
as they might claim.
“There’s nothing actually special or surprising” about the number, says Hunt.
There’s a few reasons for that. The job addition or employment rate tends to
increase proportional to population growth, so the job addition rate tends to
increase steadily without having much or any effect on unemployment.
http://fortune.com/2017/08/10/donald-trump-jobs-numbers-fact-check/
December 1: Under Trump, US jobs are moving
overseas even faster than before
All told, in the year since Trump was elected, more than
93,000 jobs have been certified by the Department of Labor as lost to
outsourcing or trade competition, slightly higher than the average of about
87,000 in the preceding five years. But federal contractors made up 10% of
that number, rather than the previous average of 4%. That suggests companies
that work for the government like General Motors, Boeing and United
Technologies aren’t worried about political repercussions from the man in
the White House.
https://qz.com/1144201/under-trump-us-jobs-are-moving-overseas-even-faster-than-before/
"You may not agree with him," said Ma, the billionaire executive chairman of
the Chinese e-commerce behemoth.
But he urged people to give Trump a chance. "You can never achieve something
within one year."
December 8: [Trump says] the Keystone XL,
Dakota Access pipelines will bring 48,000 jobs.
False. A State Department report ... put the total number of
Keystone XL jobs at 42,100, defined as a position filled for one year. Also,
the estimate counted direct jobs involved in the pipeline’s construction and
manufacturing as well as indirect jobs spurred by the impact of workers’ wages
in the economy. The construction phase, with 3,900 workers hired over two years,
was expected to take only one to two years. After construction, the total number of
long-term jobs, primarily for maintenance, was about 50.
http://www.politifact.com/truth-o-meter/article/2017/dec/08/fact-checking-trumps-make-america-great-again-spee/
December 31:Donald Trump's jobs promise
just about holding up but trouble may lie ahead ... Jobs lay at the heart of
the president’s campaign but, while employment has continued its Obama-era
upward trend, the figures mask lurking structural issues
https://www.theguardian.com/us-news/2017/dec/31/donald-trump-jobs-analysis
January 6: Trump’s first-year jobs numbers
were very, very good ... On Friday morning, the government’s Bureau of Labor
Statistics released employment numbers for December, bookending President
Trump’s first year in office. While the number of jobs added was lower than many
analysts expected —
up 148,000 — it was a continuation of the trend of growth seen over the
course of 2017.
January 6: President Trump's First Year Of
Job Growth Was Below President Obama's Last Six Years ... Over the September to
December timeframe, there were 163,000 additional jobs per month and for the
year 171,000 jobs were added monthly. This compares to President Obama’s last
six years where the job market averaged at least 174,000 per month and hit
250,000 in 2014. It isn’t too surprising that job growth has slowed since the
unemployment rate has dropped to very low levels.
https://www.forbes.com/sites/chuckjones/2018/01/06/president-trumps-first-year-of-job-growth-was-below-president-obamas-last-six-years/#25801ece25ab
January 7: Bright spot for Trump in 2017,
job creation faces new challenges ... Despite a bumpy first year, President
Donald Trump can point to at least one important success: the number of jobs
grew and the unemployment rate fell in 2017. Friday’s government jobs report
showed 148,000 new jobs created and the unemployment still at a 17-year low of
4.1 percent.
January 22:President’s Decision on Solar
Tariffs is a Loss for America
The Solar Energy Industries Association (SEIA) – the national trade association
for the U.S. industry - and its members expressed disappointment in the decision
by President Trump to impose 30 percent tariffs on imported solar cells and
panels.
January 22:Whirlpool Says It's
Adding Jobs After Trump Tariff Decision
Whirlpool Corp. said it’s adding 200 jobs after the
Trump Administration
imposed a tariff of up to 50 percent on large residential washing machines,
a penalty aimed at imports from rivals
Samsung Electronics Co. and
LG Electronics Inc.
January 23: Trump's new solar tariffs could
kill 23,000 US jobs ... "It boggles my mind that this president -- any
president, really -- would voluntarily choose to damage one of the
fastest-growing segments of our economy,"
added Standard Solar's Tony Clifford.
https://www.engadget.com/2018/01/23/trump-30-percent-solar-tariffs-job-losses/
January 24: Tourism to the U.S. has dropped
since President Donald Trump took office, and it has cost the country 40,000
jobs even as the president has repeatedly claimed credit for job creation.
January 29: What Happened to All the Jobs
Trump Promised? ... Since the election, President Trump has made 31 specific
claims about companies adding or saving American jobs thanks to his
intervention. We went back to see what’s become of those announcements.
President Trump has made many claims promising that individual companies such as
Amazon, Alibaba and Boeing will hire large – and specific – numbers of American
workers, a total of 2.4 million in all.
https://projects.propublica.org/graphics/trump-job-promises
January 30: As President Donald Trump
prepares to address the State of the Union for the first time since assuming
office, his pro-business agenda and victories are expected to take center stage.
From economic growth and job creation, to the surging stock market, business has
boomed in America over the past year; spurred in large part by expectations –
and the resulting fulfillment – of a longstanding promise to overhaul the U.S.
tax code.
February 9:
At about 8:40 a.m. Friday, President Donald Trump tweeted that he "just signed
[spending] Bill. Our Military will now be stronger than ever before. We love and need our
Military and gave them everything — and more. First time this has happened in a
long time. Also means JOBS, JOBS, JOBS!"
https://www.politico.com/story/2018/02/08/congress-massive-budget-deal-2018-398189
February 13: 3 Trump properties posted 144
openings for seasonal jobs. Only one went to a US worker.
March 9:U.S.
economy gained 313,000 jobs last month, surpassing expectations
Monthly data released Friday morning by the Bureau of Labor Statistics showed
that for the fifth straight month, unemployment held at a steady rate of 4.1
percent, still the lowest level in 17 years.
May 22: Employers can restrict workers’
ability to band together to pursue legal claims on matters such as wages,
age discrimination, sexual harassment and other workplace issues, the
Supreme Court ruled Monday.
May 31: Immigrants helped found more than
half of the U.S.'s 87 startup companies valued at more than a billion dollars in
2016, according to a study by the National Foundation for American Policy, with
the 11 biggest of those companies employing more than 17,000 people. The Trump administration
recently proposed to cancel an Obama-era visa aimed at helping foreign
entrepreneurs start new businesses in the U.S. The president and other advocates
for cutting immigration levels argue that immigrants are taking jobs from U.S.
workers, but in many instances, immigrants not only contribute to the U.S.
economy, but create more jobs for Americans.
https://www.axios.com/immigrant-founders-billion-dollar-companies-15277776-206bb073-2f74-4c14-94c9-841e4d12b1ed.html
May 31: Sears Holdings Corp., which controls
Sears and Kmart, says it has "identified approximately 100 non-profitable
stores, 72 of which will begin store closing sales in the near future," in the
latest sign of the retailer's struggles to stay afloat.
June 1: President Trump on Friday shattered
several decades of protocol — and possibly violated a federal directive — by
hinting strongly that the monthly U.S. jobs report would be a rosy one 69
minutes before its release. https://www.washingtonpost.com/
June 20: Starbucks Announces Plans To Close
150 Underperforming Stores ... No word yet on how many workers will lose their
jobs when the stores close.
The world’s largest coffee chain is facing competition both from upscale coffee
houses and lower-priced fast-food chains like McDonald’s Corp and Dunkin’
Donuts.
June 25: Harley-Davidson will move some
production out of US after retaliatory tariffs
Harley-Davidson's move is some of the most direct evidence yet that tit-for-tat
trade fights between the United States and other countries have consequences for
American companies. Harley-Davidson said it stood to lose as much as $100
million a year.
The company did not say whether any jobs are at risk. Harley-Davidson, based in
Milwaukee, employs more than 6,000 people globally. Spokesperson Michael
Pflughoeft said the company was "assessing the potential impact" on jobs.
It makes most of its motorcycles in the United States, at plants in Wisconsin,
Pennsylvania, and Missouri.
July 23: Trump's tariff war could devastate
Detroit
If the full-size pickup segment were to open up with the ending of the 'chicken
tax,' it could wipe out earnings at Ford, GM, and Fiat Chrysler.
Industry officials
have long warned that tariffs could add thousands of dollars to the cost of
a new car, truck or crossover and, at a time when the U.S. vehicle market is
already softening, lead to a sharp downturn in sales — and American jobs.
July 24: Ivanka Trump is
shuttering her clothing line in order to focus on her role as senior adviser in
her father's White House, the company announced Tuesday.
July 27: Advocates warn of cover-up as Trump
moves to scrap worker-safety rule
The administration has moved to roll back an Obama-era requirement that big
employers submit info about workplace injuries to the government.
The Department of Labor said the original rule threatened workers' privacy, as
detailed data about individual incidents could be subject to Freedom of
Information Act requests. The proposed changes would "better protect personally
identifiable information or data," while reducing the burden on employers, it
said in a press release.
August 30: President Trump on Thursday
headed off a potential substantial raise for federal workers in the event of a
congressional budget deadlock, repeating his call for lawmakers to freeze the
salaries of 2 million federal employees in 2019.
September 9: ... hourly earnings went up by
an average of 10 cents last month.
The economy added a total of 201,000 jobs in August, keeping the topline
unemployment rate steady at 3.9 percent, even though the last two months’ worth
of job gains were revised down by 50,000 jobs.
October 15: Sears Holdings plans to close
another 142 unprofitable stores, as part of its
Chapter 11 bankruptcy, on top of 46 store closings announced in August.
Liquidation
sales at the additional stores are expected to begin within two weeks,
according to a court filing.
"As we look toward the holiday season, Sears and Kmart stores remain open for
business and our dedicated associates look forward to serving our members and
customers," Sears chairman Eddie Lampert said in a statement.
November 26: The number of farms filing for
bankruptcy is increasing across the Upper Midwest.
A new analysis from the Federal Reserve Bank of Minneapolis shows 84 farms filed
for bankruptcy in Wisconsin, Minnesota, North Dakota, South Dakota and Montana
in the 12 months that ended in June. That’s more than double the number over the
same period in 2013 and 2014.
The Star Tribune
reports the increase in Chapter 12 filings reflect low prices for corn,
soybeans, milk and beef. The situation has gotten worse for farmers since June
because of the retaliatory tariffs that have closed the Chinese market for
soybeans and held back exports of milk and beef. Chapter 12 bankruptcy allows
for repayment of debt over three years.
https://minnesota.cbslocal.com/2018/11/26/farm-bankruptcies-on-rise-in-midwest/
November 26: GM to slash over 14,000 jobs
from North American workforce
The reduction could include the closing of up to five domestic plants.
In the most far-reaching shake-up since the company emerged from bankruptcy more
than eight years ago, General Motors will shutter three North American assembly
plants and two other facilities, while also eliminating 15 percent of its
salaried and salaried contract workforce, moves that together will cost an
estimated 14,700 jobs.
