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'Not a bad way to start’: White House declares victory after positive jobs report

President Donald J. Trump

In President Donald J. Trump’s first full month of office, the U.S. economy added 235,000 new jobs, surpassing economists’ estimates of 200,000.

The White House is already taking a victory lap.

“Not a bad way to start day 50 of this Administration,” White House Press Secretary Sean Spicer tweeted.

Shortly after the BLS report was released, Trump retweeted a Drudge Report tweet that declared “GREAT AGAIN +235,000,” a reference to his “Make America Great Again” mantra.

Other white house officials, including Vice President Mike Pence and Chief of Staff Reince Priebus, cheered on the jobs report.




 

The White House’s website states that Trump’s “policies will unleash economic growth, create 25 million new jobs, and help Make America Great Again.”

Today’s jobs report reflects a continuation of a strengthening labor market. The economy under President Obama saw 76 months of consecutive job gains. During Obama’s eight years, though, wages were lackluster and many new jobs created were low-paying ones.

Trump has been quick to respond to the upbeat economic news.

On Wednesday evening, he touted the latest private payrolls report from data provider ADP that showed 298,000 private payrolls were added to the U.S. economy in February, while economists expected only 185,000.




Julia La Roche is a finance reporter at Yahoo Finance. Follow her on Twitter.

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