Sunday, September 06, 2026

The August jobs report delivered a message the Wall Street commentariat keeps missing: Trumpnomics is working, and nowhere is that clearer than in manufacturing.

Nonfarm payrolls rose by 162,000 in August, nearly triple market expectations.  - Peter Navarro
  • June and July were revised up by another 55,000 jobs. 
  • Private payrolls rose by 127,000. 
  • The unemployment rate held at a low 4.1 percent. 
  • The labor-force participation rate rose to 61.6 percent...
It is a report showing a resilient economy, a rising labor force, steady wage gains, and an industrial base beginning to respond to the combined force of tariffs, tax cuts, deregulation, and reshoring...

No comments: