Originally published at: https://www.hannity.com/media-room/great-again-economists-praise-rip-roaring-job-market-230k-in-september/
The United States economic recovery continued to soar under President Trump and the Republican-controlled Congress in September, with new data showing the “rip-roaring” job market gained 230,000 full-time positions.
According to CNBC, private payroll estimates rose by 230,000 last month; beating expectations that predicted 185,000 new jobs.
“Private companies added 230,000 more positions for the month, the best level since the 241,000 jobs added in February and well ahead of the 168,000 jobs added in August,” writes CNBC.
“This labor market is rip-roaring hot,” said a senior economist at Moody’s Analytics.
“If the current pace continues, Zandi said he expects the unemployment rate to fall near 3 percent over the next year. The headline jobless rate currently is at 3.9 percent,” adds the author.
Read the full story at CNBC.