Jobs Growth Soars in November as Payrolls Surge by 266,000

Lowest jobless rate since 1969, as average hourly earnings rose by 3.1% from a year ago. Stocks & bonds also surged. Plus, the US, Mexico and Canada have reached a historic trade deal (USMCA).  I blame Donald Trump. Yet, the lying liars in the lying media continue to whisper the lie of impending recession.

Jeff Cox at CNBC unpacks the continued workers paradise with Trump in the White House:

"The jobs market turned in a stellar performance in November, with nonfarm payrolls surging by 266,000 and the unemployment rate falling to 3.5%, according to Labor Department numbers released Friday.

Those totals easily beat the Wall Street consensus. Economists surveyed by Dow Jones had been looking for solid job growth of 187,000 and saw the unemployment rate holding steady from October’s 3.6%. The decline in November’s jobless rate came amid a corresponding 0.1 percentage point drop in the labor force participation rate, to 63.2%.

Stocks opened sharply higher in reaction to the better-than-expected report. Bond yields also surged.

“Bottom line, America is working,” Larry Kudlow, director of the National Economic Council, told CNBC’s “Squawk on the Street.” “These are very strong numbers. These are happy numbers, these are sunny Friday numbers.”

In an alternate universe, there would be bipartisan cheers and beers at this stellar economic news for Americans. Instead, the bitter, cry bully Democrats continue their pathetic impeachment follies to demonstrate their disdain for regular Americans on Main street.

But regular Americans on Main street who have a steady pay check, a full pantry, and a happy Christmas to enjoy sing a far different tune than the the bitter, cry bully Democrats:



And the Democrats will sing a far different tune after their massive losses in November 2020...