The latest job numbers are in… and the Trump economy is, once again, on fire.
In December, the U.S. added 312,000 jobs–nearly double the expected 176,000.
Despite the strong numbers, the unemployment rate ticked up just slightly to 3.9%–presumably, as long-term out-of-work Americans re-enter the job market, due to the booming economy.
But the encouraging job report did lead to one immediate good thing for the American public: stocks soared on Friday morning, with the Dow Jones Industrial Average once again rising above 23,000 as of 9:45am.
The strong stock growth comes after one of the worst Decembers on record, which had many doomsday pundits predicting a recession or a slowdown in economic growth in the near future–something that, at least as of now, doesn’t seem to be happening.