TRUMP Effect: Jobs SMASH Estimates With GAIN of 250,000, Wage Gains Pass 3% for First Time Since Recession #Midterms2018

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Jobs Smash Estimates With Gain of 250,000, Wage Gains Pass 3% for First Time Since Recession

The new jobs numbers released this morning are a homerun for American workers: “Job growth blew past expectations in October and year-over-year wage gains jumped past 3 percent for the first time since the Great Recession,” Jeff Cox reports for CNBC.

“Nonfarm payrolls powered up by 250,000 for the month, well ahead of Refinitiv estimates of 190,000. The unemployment rate stayed at 3.7 percent, the lowest since December 1969… But the bigger story may be wage growth, which has been the missing piece of the economic recovery.”

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Other Trump triumphs:

 Speaking from the White House yesterday, President Donald J. Trump highlighted the urgent need to confront America’s border crisis, Fred Lucas writes in The Daily Signal. The President announced that “he is working on an executive order to deny automatic entry to the U.S. to illegal immigrants claiming asylum unless they go to a legal port of entry.” The Administration’s goal is to “end the rampant abuse of our asylum system.”

Learn more: America’s weak asylum laws are fueling a crisis at the border.

 

In CNS News, Terence P. Jeffrey reports that “manufacturing jobs in the United States increased by 32,000 in October and have now increased by 434,000 during the presidency of Donald Trump, according to data released today by the Bureau of Labor Statistics.” American manufacturing employment peaked in 1979 and has been making a comeback under President Trump.

 

The Investor’s Business Daily editorial board poses this question: Are Americans better off than we were two years ago? “In the first three quarters of 2016, quarterly GDP growth was an anemic 1.5%, 2.3% and 1.9%. This year, quarterly GDP growth has been a far more robust 2.2%, 4.2% and 3.5%.” This turnaround under President Trump was not only unexpected “but deemed impossible by Democrats, who were trying to convince the public that 2% growth was the best this country could do.”

 

 

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felix1999
felix1999
5 years ago

Something STRANGE is going on with polls….
How can the GOP be LOSING ground in polls, House and now the Senate, when people are benefiting like this?
Something fishy is going on….. The polls are showing a major shift for the DEMS for the House and the Senate.
This does NOT make sense. People DO vote for their pocketbook. Could this be a silent RED WAVE?
I think there are major head games going on.
VOTE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

felix1999
felix1999
5 years ago
Reply to  Larry

Merkel’s Would-Be Successor Is a Real Conservative
Friedrich Merz would turn Germany’s leading party away from the compromising center and toward its traditional values and policies.

That’s interesting. Merkel stepped down from being head of her political party and will not seek re-election in December 2018. She will finish out her term as Chancellor ending in 2021. Maybe that was a smart move to avoid a coup. It still gives her three more years of doing more damage. My question is will it be irreversible in 2021? I hope for Germany’s sake they can still recover.

Navy_Vet
Navy_Vet
5 years ago

And if the democRATS win the majority in the house, all this will come to an end, and the country will head towards a new recession.

Sing On
Sing On
5 years ago
Reply to  Navy_Vet

But not before the potential Demonkkkratic house allows the migrants to join MS13 in the border towns and ISIS across the USA. #carry! #vote!! #republicans2018!!! #MAGA!!!!

felix1999
felix1999
5 years ago
Reply to  Sing On

Dems will welcome anyone who hates our country.

robert v g
robert v g
5 years ago

Thanks, Pamela, for including a few happy articles on your page. I don’t have to read only your sad-but-true ones.

Alleged-Comment
Alleged-Comment
5 years ago

This is NOT good news for Demoncraps. Their object is to keep you barefoot and pregnant. Well, that was the old days. Today they want you wearing Nikes to support the kneeling Kneegros and have abortions.

knightsstrength
knightsstrength
5 years ago

Democrats or rats trying to take the credit for Trumps hard work today.

Lowest of all scum bags trying to take credit of another man’s hard work.

knightsstrength
knightsstrength
5 years ago

People are idiots if they vote Democrats as all the hard work Trump has done will vanish and every one with return to the days of Serfdom or as Dhimmitude

Serfdom is the status of many peasants under feudalism, specifically relating to manorialism. It was a condition of debt bondage, which developed primarily during the High Middle Ages in Europe and lasted in some countries until the mid-19th century.
https://en.m.wikipedia.org/wiki/Serfdom

Dhimmitude laws and you
http://www.islammonitor.org/index.php?option=com_content&task=view&id=2456&Itemid=96

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