NEC Dir. Kevin Hassett on Jobs Report: If You Throw Out the World Cup and the Gov’t Workers, We Actually Had a Number That Was About +100,000
‘There’s so many other factors like manufacturing booming, capital spending booming, real wages growing for the typical manufacturing worker’
RUSH EXCERPT:
HASSETT: "So the strength is what we’ve seen before, construction workers, manufacturing Workers and so on. The weakness in this number were really just two things Government workers And a sort of rebound from all Of employment that We got from World Cup because The world cup was ending If you throw out The world Cup But The government workers we actually had a number that was about plus 100 thousand which is about what we expected given that unemployment rate went down there’s many other factors like manufacturing booming capital spending booming real wages growing for the typical manufacturing worker almost $4,000 since president trump took office after adjusting for inflation so there’s all these strong numbers out there"
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