 Thanks To Trump The U.S. Economy Lost Jobs For The First Time In 7 YearsAfter taking office, Donald Trump has repeatedly taken credit for President Obama s economy and regularly touts jobs numbers on his Twitter timeline. Now that Trump s economy is in effect, we doubt he ll be tweeting about the labor market losing 33,000 jobs last month.While some of this can be attributed to natural disasters, Trump has also failed to pass any major legislation.Job growth in August and July was revised down, to 38,000 less than previously reported. Economists expected 75,000 new jobs instead of a 33,000 job loss.The economy has added an average of 172,000 jobs a month over the past year but that has dropped to a 91,000 average over the past three months, showing a trend which is not in Trump s favor.Axios reports:Economists widely blame the disruptive effects of Hurricanes Irma and Harvey for the disappointing number, because the survey methodology dictates that folks who didn t get paid on the pay period that included September 12th are not counted as employed.But the report also revised down the two previous monthly estimates of job growth, suggested the slowdown is not all weather related.After Obama took office, he had quite a task on his hands in dealing with the cost of his predecessor s wars, but he did it. Obama s economy took an upward swing, even after natural disasters such as Hurricane Sandy and the floods which ravaged Louisiana. Throughout his campaign, Trump called Obama s economy  a disaster  but compared to other presidents, that was far from the truth.Fact: Obama took office during the worst recession since the Great Depression when the economy was losing 750,000 jobs a month and already had lost a record 9 percent of GDP. Obama started with a weak economy due to his predecessor s decisions but his final jobs report showed 75 consecutive months of growth.The unemployment rate, however, just fell to 4.2 percent, and we re sure Trump will bring that up. Let s see how long that lasts because the former reality show star is now making war noises toward North Korea. Also, if Trump manages to get the GOP tax proposal in the works, we ll see more reports like this one.But for a guy whose  presidency  has been based on undoing everything Obama has done, he sure did a good job of that with the first loss of jobs reported in 7 years.Photo: Alex Wong via Getty Images. News
thanks to trump the economy lost jobs for the first time in yearsafter taking office donald trump repeatedly taken credit president obama economy regularly touts jobs numbers twitter timeline now trump economy effect doubt meeting labor market losing jobs last attributed natural disasters trump also failed pass major growth august july revised less previously reported economists expected new jobs instead job economy added average jobs month past year dropped average past three months showing trend trump reports economists widely blame disruptive effects hurricanes irma harvey disappointing number survey methodology dictates folks get paid pay period included september counted report also revised two previous monthly estimates job growth suggested slowdown weather obama took office quite task hands dealing cost predecessor wars obama economy took upward swing even natural disasters hurricane sandy floods ravaged louisiana throughout campaign trump called obama economy disaster compared presidents far obama took office worst recession since great depression economy losing jobs month already lost record percent gdp obama started weak economy due predecessor decisions final jobs report showed consecutive months unemployment rate however fell percent sure trump bring let see long lasts former reality show star making war noises toward north korea also trump manages get gop tax proposal works see reports like guy whose presidency based undoing everything obama done sure good job first loss jobs reported alex wong via petty images news
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT:  Thanks To Trump The U.S. Economy Lost Jobs For The First Time In 7 YearsAfter taking office, Donald Trump has repeatedly taken credit for President Obama s economy and regularly touts jobs numbers on his Twitter timeline. Now that Trump s economy is in effect, we doubt he ll be tweeting about the labor market losing 33,000 jobs last month.While some of this can be attributed to natural disasters, Trump has also failed to pass any major legislation.Job growth in August and July was revised down, to 38,000 less than previously reported. Economists expected 75,000 new jobs instead of a 33,000 job loss.The economy has added an average of 172,000 jobs a month over the past year but that has dropped to a 91,000 average over the past three months, showing a trend which is not in Trump s favor.Axios reports:Economists widely blame the disruptive effects of Hurricanes Irma and Harvey for the disappointing number, because the survey methodology dictates that folks who didn t get paid on the pay period that included September 12th are not counted as employed.But the report also revised down the two previous monthly estimates of job growth, suggested the slowdown is not all weather related.After Obama took office, he had quite a task on his hands in dealing with the cost of his predecessor s wars, but he did it. Obama s economy took an upward swing, even after natural disasters such as Hurricane Sandy and the floods which ravaged Louisiana. Throughout his campaign, Trump called Obama s economy  a disaster  but compared to other presidents, that was far from the truth.Fact: Obama took office during the worst recession since the Great Depression when the economy was losing 750,000 jobs a month and already had lost a record 9 percent of GDP. Obama started with a weak economy due to his predecessor s decisions but his final jobs report showed 75 consecutive months of growth.The unemployment rate, however, just fell to 4.2 percent, and we re sure Trump will bring that up. Let s see how long that lasts because the former reality show star is now making war noises toward North Korea. Also, if Trump manages to get the GOP tax proposal in the works, we ll see more reports like this one.But for a guy whose  presidency  has been based on undoing everything Obama has done, he sure did a good job of that with the first loss of jobs reported in 7 years.Photo: Alex Wong via Getty Images. News
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: thanks to trump the economy lost jobs for the first time in yearsafter taking office donald trump repeatedly taken credit president obama economy regularly touts jobs numbers twitter timeline now trump economy effect doubt meeting labor market losing jobs last attributed natural disasters trump also failed pass major growth august july revised less previously reported economists expected new jobs instead job economy added average jobs month past year dropped average past three months showing trend trump reports economists widely blame disruptive effects hurricanes irma harvey disappointing number survey methodology dictates folks get paid pay period included september counted report also revised two previous monthly estimates job growth suggested slowdown weather obama took office quite task hands dealing cost predecessor wars obama economy took upward swing even natural disasters hurricane sandy floods ravaged louisiana throughout campaign trump called obama economy disaster compared presidents far obama took office worst recession since great depression economy losing jobs month already lost record percent gdp obama started weak economy due predecessor decisions final jobs report showed consecutive months unemployment rate however fell percent sure trump bring let see long lasts former reality show star making war noises toward north korea also trump manages get gop tax proposal works see reports like guy whose presidency based undoing everything obama done sure good job first loss jobs reported alex wong via petty images news