The American economy continued to soar under President Trump in December; with job growth surging by 312,000 nonfarm payroll positions and averages wages rising a stunning 3.2% from the same period last year.
According to CNBC, “Job creation ended 2018 on a powerful note, with nonfarm payrolls surging by 312,000 in December.”
“In addition to the big job gains, wages jumped 3.2 percent from a year ago and 0.4 percent over the previous month. The year-over-year increase is tied with October for the best since April 2009. The average work week rose 0.1 hour to 34.5 hours,” adds the article.
The strong economic data comes just one day after Democrats took control of the House of Representatives, where Speaker Pelosi has routinely vowed to repeal the GOP-sponsored tax cuts and introduce new regulations on banks and US businesses.
Read the full report here.