Friday, September 7, 2018

The Trump Effect: August +201K Jobs, Economy En Fuego


This is why Democrats and the corrupt media such as the NY Times are doing all they can to disparage President Trump. 
They realize he's a much more effective president than Barack Obama ever was.   
Market Watch reports t the United States created 201,000 new jobs in August, keeping the unemployment rate at an 18-year low and generating the fastest increase in worker pay since the end of the Great Recession.

Economists polled by MarketWatch had forecast a 200,000 increase in new nonfarm jobs.

The unemployment rate, meanwhile, was unchanged at 3.9%, the Labor Department said Friday.
The increase in hiring in August was another solid gain that reflects broad strength in an economy that accelerated in the spring and showed little sign of slowing down toward the end of summer.

The biggest news in the August employment report was a sharp increase in pay.
The average wage paid to American workers rose by 10 cents to $27.16 an hour. What’s more, the yearly rate of pay increases climbed to 2.9% from 2.7%, marking the highest level since June 2009.

What happened: White-collar professional firms filled 53,000 positions, bringing the total created over the past 12 months to more than half a million. These are the fastest growing jobs in the country.


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