What did Donald Trump claim about the economy on 31 Aug 2026?
Donald Trump, President of the United States ·
And the pharmaceutical industry has been creating jobs like they've never done before: over 100,000 new jobs in this industry alone.
The pharmaceutical industry has not added 100,000 jobs. BLS counts about 8,800 more jobs in pharmaceutical and medicine manufacturing from January 2025 to July 2026.
Bureau of Labor Statistics payroll data put employment in pharmaceutical and medicine manufacturing (NAICS 3254) at 353,100 in January 2025 and 361,900 in July 2026, the latest month published when Trump spoke, a gain of about 8,800 jobs (BLS, series CES3232540001). Over the longer span from January 2016 (284,200) to July 2026, the industry grew by about 78,000 jobs.
Claim vs. the record · Economy
Added
The claim
- Date
- Where
- Remarks on efforts to reduce prescription drug prices, in the Oval Office at the White House.
The record
Primary source (agency data)