WASHINGTON (AP) — Donald Trump, the presidential candidate, would not like the way Trump, the president, is crowing about today's unemployment rate. He'd be calling the whole thing a "hoax."

Trump raised a red flag about declining jobless numbers during his campaign, so as to deny President Barack Obama any credit. Trump noted that the jobless rate masks the true employment picture by leaving out the millions who have given up looking for work.

But Trump is seeing red no more. The same stats he assailed in 2015 and 2016 now are his proof of "fantastic," ''terrific" economic progress, for which...