Republicans are running a victory lap after recent unemployment data revealed jobless rates were at a 50-year low.
As IJR reported earlier, unemployment dropped to 3.5% — the lowest unemployment rate since December 1969. Additionally, jobs growth increased slightly over the month of September with more than 100,000 new jobs added to the U.S. economy.
While the overall numbers show a strong economy for all Americans, Hispanic Americans and African Americans also saw historic lows in unemployment rates.
These solid jobs numbers gave Republicans a lot to celebrate, especially given the economic uncertainty that has been reflected in the stock market as trade negotiations with China and the impeachment drama in Washington D.C. left investors worried.
Several Republicans took to Twitter to celebrate the news.
🚨 Unemployment just dropped to a 50-YEAR-LOW—3.5%.🚨
That includes record-low unemployment among Hispanics and African Americans. Because of Republican policies, the American Comeback is working for all Americans!
— Kevin McCarthy (@GOPLeader) October 4, 2019
The September #JobsReport is out!
💪136,000 jobs were added
💪Unemployment is DOWN to 3.5%—a 50-year LOW.
@realDonaldTrump’s pro-growth policies are creating more – and better – opportunities for American workers!
— GOP (@GOP) October 4, 2019
— RNC Research (@RNCResearch) October 4, 2019
MASSIVE JOBS REPORT FOR SEPTEMBER
Unemployment Rate: 3.5%, the LOWEST since December 1969
For Women: 3.4%, tying LOWEST since 1953
For Hispanic-Americans: 3.9%, a RECORD LOW
For African-American: 5.5%, remaining at a record low
For Asian-Americans: 2.5%, near historic low
— Steve Guest (@SteveGuest) October 4, 2019
Some Republicans also used the strong economic numbers to jab Democrats who have been shifting their focus toward their impeachment inquiry into President Donald Trump.
Breaking News: Unemployment Rate, at 3.5%, drops to a 50 YEAR LOW. Wow America, lets impeach your President (even though he did nothing wrong!).
— Donald J. Trump (@realDonaldTrump) October 4, 2019
BIG NEWS ➡️ The unemployment rate dropped to 3.5%—a new 50 YEAR low! 🇺🇸⚙️💪
— Steve Scalise (@SteveScalise) October 4, 2019
50 year low unemployment
Better trade deals
ISIS caliphate defeated
Wall going up
150+ judges confirmed
Stand strong Republicans. Democrats only want to impeach President Trump because we are winning. #MAGA
— Sarah Huckabee Sanders (@SarahHuckabee) October 4, 2019
While Trump clearly sees this strong economy as a failsafe against the Democratic impeachment inquiry, it’s important to note that the last time the economy was this strong, President Richard Nixon was in office.
Nixon, of course, resigned before Congress could finish its impeachment effort.
— Kathryn Watson (@kathrynw5) October 4, 2019
Although there was good news for jobs overall, some industries haven’t been feeling the love as much as others. Manufacturing activity within the U.S. dipped to a 10-year low, showing that most of the job growth touted by Republicans is happening outside of that sector.