Trump Gets Great Ecconomic Report as Unemployment Hits 50 Year LOW
TTN
According to Fox Business:
The U.S. economy continues to show strong job growth which is one of President Trump's main focusesU.S. hiring surged in November, as the economy added 266,000 jobs and unemployment returned to a half-century low, a sign the U.S. is powering through a global slowdown.
The payroll number easily topped the estimate of 180,000 from economists surveyed by Refinitiv, who also saw the unemployment rate holding steady from October's 3.6 percent.
It marks the 110th month of straight gains.
Unemployment ticked down slightly to 3.5 percent as more people were looking for work, matching a 50-year low. The labor force participation rate was little changed at 63.2 percent. Average hourly earnings, meanwhile, rose by 3.1 percent over the past year to $28.29.
Read more at https://trumptrainnews.com/articles/trump-gets-great-ecconomic-report-as-unemployment-hits-50-year-low#4xeogC0UOTm64kQy.99