Saturday, November 03, 2018

EDITORIAL_ Truly excellent jobs report another sign Trumponomics works

NEW YORK POST

OPINION - EDITORIAL

Truly excellent jobs report another sign Trumponomics works

By Post Editorial Board

November 2, 2018 | 7:17pm | Updated



AP


Wow: The last big jobs report before Election Day brought unadulterated excellent news.

Year-over-year wage growth above 3 percent for the first time in nearly a decade. Payrolls adding 250,000 new jobs, well above expectations. Unemployment unchanged at 3.7 percent, a 49-year low — and the rate would have dropped, except that more people returned to the labor force.

That last is huge, for two reasons:

First, it means Americans who had given up hope of finding work are back in the fight. That’s a major plus for society.

Second, it suggests that the nation isn’t up against a growth-killing (or inflationary) labor shortage — because millions of others still haven’t returned to the job hunt.

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READ MORE: https://nypost.com/2018/11/02/truly-excellent-jobs-report-another-sign-trumponomics-is-working/

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But it’s another clear sign that Trumpono­mics is working, helping to bring a brighter future for millions of Americans. Keep that in mind when you vote on Tuesday.

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