New York Post

Jobs, Jobs, Jobs

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It’s still full steam ahead for the US economy, which added 223,000 jobs last month — nearly 20 percent more than economists had expected. And in a further sign of gains for Main Street, the unemployme­nt rate hit 3.8 percent — the lowest in 18 years, when it tied a level not reached since 1969.

More: The jump in jobs is being enjoyed by all levels of society. The unemployme­nt rate is near record lows for blacks, Hispanics and those lacking high-school diplomas.

Teenage unemployme­nt is down roughly 25 percent in the past year, and the unemployme­nt rate for women hit the lowest point since 1953, when far fewer women were in the workforce.

Average hourly wages continued to climb, especially for non-managers.

In short, as one economist told The Wall Street Journal, “It’s pretty hard to argue that the labor market is anything but right in the sweet spot.”

President Trump was quick to crow over the results, and he has every right to, especially since “jobs, jobs, jobs” was his core campaign promise.

The robust economy owes its thanks to an administra­tion whose economic policies stress growth and productivi­ty over burdensome government regulation and tax hikes.

More Americans are working and are keeping more of the money they earn — which is precisely what Trump promised, and the complete opposite of what many “experts” predicted would take place under this president.

At this point, the biggest cloud on the horizon is the specter of a trade war after Team Trump this week imposed tariffs on steel and aluminum from Europe, Canada and Mexico.

Perhaps the president is convinced the economy is strong enough to hold up if this escalates into a series of tit-for-tats; maybe his advisers are sure America’s trade partners will fold rather than fight.

We’ll soon find out.

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