Nardolillo Says Improving U.S. Economy is Due to Trump
GoLocalProv Business Team
Nardolillo Says Improving U.S. Economy is Due to Trump
Rhode Island State Representative Bobby Nardolillo is giving President Donald Trump credit for the U.S. Economy’s improvement. Nardolillo has announced he will challenge Sheldon Whitehouse in 2018 for the United State Senate.
"In the last three monthly reports we've seen the US Unemployment Rate stabilize around 4.3%. Not only that, but since last November's Election more than 900,000 Americans are estimated to have returned to the workforce. They're taking advantage of the hundreds of thousands of new jobs being created monthly,” said Nardolillo in a statement.
The U.S. Bureau of Labor Statistics shows that payroll employment rose by 222,000 in June with the unemployment rate changing little at 4.4 percent.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTAccording to the Bureau, employment increased in healthcare, social assistance, financial activities and mining.
"So more and more of us are working and paying taxes. That means more Americans can afford to buy cars and homes, and all that economic activity points to a booming America in as little as two years,” said Nardolillo.
Nardolillo adds that the rise of the U.S. Stock Market started the day after the last election.
"It all adds up to a sense of motion in the country that ordinary Rhode Islanders will be able to ride to better economic conditions in their home budgets, too. I'm running for the US Senate to put myself in a position to help the future growth we are sure to see now that the US Economy has been unleashed,” Nardolillo said.
