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President Trump Effect: Economic BOOM, Job Gains of 304,000 Surpass Expectations, Stocks SOAR

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Trump Policies Keep Economic Boom Going As Job Gains of 304,000 Surpass Expectations

The American economy is continuing its historic streak of positive job gains in the new year, according to the latest monthly jobs report released by the Bureau of Labor Statistics this morning.

The economy has added 4.9 million jobs since January 2017 and 5.3 million jobs since President Donald J. Trump was elected in November 2016. January 2019 marks the 16th consecutive month of employment growth of at least 100,000 new jobs. The report also indicates that wages are continuing to rise.

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In The Wall Street Journal, Amrith Ramkumar writes that the strong U.S. economy fueled stocks to their best January performance in 30 years. The Dow Jones Industrial Average and the S&P 500 both closed with their biggest monthly gains in more than 3 years, “lifted by renewed confidence that the U.S. economy will keep powering ahead.”<

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