America is in flux, ladies and gentlemen, with a cultural clash undoubtedly on the horizon even in these times of incredible economic growth.
Donald Trump, whose unorthodox approach to managing our nation has yielded tense times, has been a CEO in Chief more than anything else. His assertions on the global marketplace have brought with them incredible results in terms of trade and jobs, with consumer confidence soaring because of it.
When it comes to the economy, a high tide certainly raises all ships.
Now, with August job growth numbers finally tabulated, economic observers are stunned.
The American economy added 201,000 jobs in August and the unemployment rate held steady at 3.9 percent.Economists had forecast 191,100 new jobs and the unemployment rate falling to 3.8 percent.Average hourly earnings increased 2.9 percent for the month on an annualized basis, according to a Department of Labor report released Friday. That also beat expectations for 2.7 percent wage growth. In dollar terms, average hourly earnings increased 10 cents from the previous month to $27.16.Private sector payrolls rose by 204,000. Mining added 6,000 new jobs. Construction added 23,000, bringing its total to over 300,000 for the year.