K-12 Tax & Spending Climate: The Blue-Collar Jobs Boom Nobody Seems To Notice

John Merline:

Under Trump, jobs in goods-producing industries — manufacturing, construction, mining — have been increasing at a much faster clip than when Joe Biden was vice president. These are the jobs Democrats are constantly promising that their policies will create and protect.

The data show that the economy created 1.2 million goods-producing jobs since Trump took office. That’s more than twice as many as were created in Obama’s last 27 months in office (455,000).

Look at manufacturing. In Obama’s last 27 months, the economy created 109,000 manufacturing jobs. It’s created 470,000 so far under Trump. Jobs in the durable goods manufacturing industry declined during this time under Obama. As did mining and logging jobs. They made solid gains under Trump.

Blue-collar workers are seeing stronger wage gains as well, with weekly wages for goods-producing jobs up $70 under Trump (a 7% increase), compared with $39 under Obama (a 4% bump).

It’s white-collar service jobs that have been climbing more slowly under Trump. They’re up 4 million, compared with 5 million under Obama. Retail trade jobs actually declined in Trump’s first 27 months, compared with a 521,000 gain in Obama’s last 27 months. Government jobs have also been growing more slowly under Trump.

But even here, the more working-class transportation and warehousing industries saw faster job growth under Trump than Obama — 445,000 to 397,000.

And overall wage growth for service industry jobs has accelerated, with weekly wages up $46.66 under Trump (a 6.7% gain), compared with $35.64 (or 5.4%) under Obama