The U.S. economy added a solid 223,000 jobs in October, the Labor Department said Thursday.
That’s more than expected.
But the unemployment rate was revised to 5.6% from 5.5%.
Trump has pledged to create more than 200,000 new jobs by the end of the year.
“We are going to see an increase in hiring.
And we will see that through the middle of next year,” Trump said during a press conference in Washington, D.C., on Thursday.
“But that will come through the economy.
And it will be very, very strong.”
The Labor Department also revised its jobless rate for October to 6.6%, the second-highest reading since January, according to FactSet data.
That is the highest reading since October 2014.
However, the unemployment figure has been trending down in recent months, particularly since Trump took office in January.
The unemployment rate in October was 4.6%.
The labor market is still in a slow recovery, but a rebound is possible.
Inflation, a measure of how much a price rises or falls, is still running at a low level, which means consumers are spending less.
However as the economy recovers, inflation is expected to rebound.
The Labor department said in a statement Thursday that the pace of job creation is likely to continue to improve over the coming months as companies add more workers and new businesses are created.
Trump’s promise to hire 200,0000 jobs in November will be a big boost to the economy, the department said.
The administration is also expected to announce a slew of economic policies aimed at helping businesses and workers, including the end to the so-called so-call “right-to-work” state law that restricts union organizing.
The law was passed by the GOP-controlled House in December 2015, which led to a wave of protests in the state.
It was repealed by the Democratic-controlled state legislature in December 2016, which allowed unions to continue their campaigns for the right to organize.
The president has said he is going to try to undo the law and reinstate it in 2019, though his administration has been mum on how many of those changes it will make.
“I’m looking forward to announcing a plan to reinstate the so called ‘right-wing’ law that was passed in December of last year and that will have tremendous impact on our country,” Trump told a rally in North Carolina last week.
He has also promised to create jobs in the coal industry, a major industry in the Rust Belt.
On Thursday, Trump will deliver a speech at the Conservative Political Action Conference, where he will promise to revive the U.A.E. economy.
The economy added more than 230,000 manufacturing jobs in February, according the Commerce Department.
That was up from February, when the economy added about 171,000.
The number of factory jobs was up in February from January, which was the month that Trump took over as president.
The manufacturing sector added 3.2 million jobs last month, according data from the Commerce Bureau.
Manufacturing jobs are critical to the U,S.
and global economy, but have been a little less plentiful lately.
The country has shed more than 6 million manufacturing jobs since the end-of-year unemployment rate reached 4.9% in November.
The Manufacturing Council, a trade group that represents manufacturers, is calling for a national unemployment rate of 5.7% or above.
However that number is considered conservative, and the Congressional Budget Office has been predicting that the number of jobs created will remain flat.
“Manufacturing is going away,” said Paul Ashworth, the group’s president and CEO.
“It’s not going to happen on the back of an increase of 3.6 million jobs.”