Monday, June 04, 2018

The White House - 1600 Daily: Unemployment reaches lowest level in 18 years

Official White House Photo by Andrea Hanks
Marine One | May 29, 2018

The Day Ahead

President Donald J. Trump will preside over the Change of Command Ceremony for the Commandant of the U.S. Coast Guard. Watch live at 11:00 a.m. ET.

Unemployment reaches lowest level in 18 years

The United States economy added 223,000 jobs in May, one of many recent indicators showing that President Trump's economic policies are paying dividends for American workers and businesses. Employment growth averaged 207,000 jobs per month in 2018- faster than the gains in both 2016 and 2017.

Job growth in goods-producing industries such as manufacturing, construction, and mining and logging have been especially robust. After averaging gains of 27,000 jobs per month during President Obama's second term, these industries have almost doubled the pace of hiring to 46,000 jobs per month since January 2017. 

President Trump is overseeing a renaissance in manufacturing 
More: See the headlines about the flourishing Trump Economy


What to know about steel and aluminum tariffs

Yesterday, President Trump announced steel and aluminum tariffs on Canada, Mexico, and the European Union following months of discussions to address U.S. national security concerns stemming from global oversupply. This implementation follows the President's March 8 announcement of a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports.

In March, President Trump welcomed any country with whom the United States shares a security relationship to discuss alternative means to address the oversupply challenge. As a result, American officials reached agreements with South Korea, Australia, Argentina, and Brazil on steel, as well as Australia and Argentina on aluminum. The U.S. was unable to reach satisfactory arrangements with Canada, Mexico, or the EU.

Excessive imports threaten to impair national security, the Commerce Department reported in January, for one key reason: Closures of domestic production result in a situation where the U.S. would be unable to meet demand for national defense and critical infrastructure in a national emergency.

More on what you need to know about tariffs on Canada, Mexico, and the EU.

Get outside: June is 'Great Outdoors Month'

"Spending time in the great outdoors, especially during summer, is an American tradition," President Trump writes in his Proclamation of June 2018 as Great Outdoors Month. "Every American should take the opportunity to enjoy the beauty of our natural wonders, which stretch from coast to coast and beyond."

The Trump Administration has made access to public land a top priority. In December, President Trump stood with local communities against Federal overreach on land management, modifying the boundaries of the Bears Ears and Grand Staircase Escalante national monuments in Utah. The Administration also "opened or expanded hunting and fishing access at 10 national wildlife refuges across the country," the President wrote this week. 

As part of an effort to boost exercise and youth fitness, the White House also hosted a field day with several hundred children, parents, and athletes on the South Lawn this week. Watch Ivanka Trump's video from Sports and Fitness Day.
Read: President Trump proclaims June 2018 as Great Outdoors Month

More: The Administration stands with communities against Federal land overreach

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