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President Donald Trump has taken to Twitter to crow about previously highlighted jobs deals – most of them unrelated to his administration or hypothetical in nature – ahead of US payrolls data on Friday that is expected to show jobs growth cooled in March.
Mr Trump’s tweet linked to a short video from the Fox Business Network highlighting high-profile jobs announcements made by corporate America since his election.
Almost all of these figures were either previously announced before his November victory or are far from guaranteed to materialise. They include:
- 5,000 jobs, Sprint (previously announced in October)
- 10,000 jobs, Walmart (previously announced in October)
- 1,000 jobs and $1bn investment, GM (result of previous bargain with United Auto Workers union)
- 10,000 jobs, Kroger (planned for 2017; company hired 12,000 in 2016)
- 100,000 jobs, Amazon (planned by 2018; Mr Trump was not mentioned in the announcement)
- 1m jobs, Alibaba (promise “to create 1 million US jobs”; not direct employment, which would almost certainly be impossible based on a current workforce of around 35,000)
- $1bn investment, Ford (Mr Trump’s role, if any, is unclear; Ford’s CEO previously denied the president played any role in its scrapping plans for a plant in Mexico)
- $1bn and 20,000 jobs, Fiat (CEO said Mr Trump had nothing to do with its plans for additional investment and hires in Ohio and Michigan)
Even taken at face value – and excluding Alibaba’s outsized job creation pledge – the total 146,000 jobs entailed by the above announcements would equal just 0.1 per cent of total US employment as of February, based on data from the Bureau of Labor Statistics.
Mr Trump’s boasting comes ahead of Friday’s non-farm payroll data, which is expected to show the world’s largest developed economy softened last month, with initial estimates suggesting the economy created 175,000 jobs, compared to 235,000 in February.
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