The Bureau of Labor Statistics (BLS) has released the latest jobs report for November. The U.S. economy created an additional 155,000 jobs. The unemployment rate remains 3.7%. The annualized rate of wage growth is 3.1%. All good MAGAnomic news.
It’s a little funny to see the pontificating naysayers worry over results that are structurally solid and fundamentally strong. If you had told those same knuckleheads a year ago that wages would be growing 3.1% they would have been stunned at your audacious optimism.

Things are going swimmingly. Exactly as predicted. Wall Street (paper economy) is reacting based on an entirely new economic landscape. Main Street USA (read economy), the Blue/White collar middle-class, is dancing and singing carols en-route to buy the fancier set of Christmas decor this year… Who’s better than our economy? Nobody, baby, no-body… Throw them ju-ju bones out the windows. Here’s the data:
BLS Report: Total nonfarm payroll employment increased by 155,000 in November, compared with an average monthly gain of 209,000 over the prior 12 months. In November, job gains occurred in health care, in manufacturing, and in transportation and warehousing. (See table B-1.)
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