How Strong Can the U.S. Economy Get?

President Donald J. Trump delivers remarks at the National Christmas Tree Lighting 2019 ceremony Thursday, Dec. 5, 2019, on the Ellipse in Washington, D.C. (Official White House Photo by Joyce N. Boghosian)

“I think that this report is a real blockbuster. Payrolls smashed expectations.” — Daniel Zhao, Senior Economist at Glassdoor

“It’s the economy, stupid.” Said James Carville about then-President Bill Clinton’s re-election chances in 1993, in the midst of a strong U.S. economy.

“This is a blowout number and the U.S. economy continues to be all about the jobs.” — Tony Bedikian, Citizens Bank, head of global markets.

The announcement today that U.S. employers added 266,000 jobs in November- including 41,000 workers at General Motors who returned to work last month after a strike- has left Republicans crowing and Democrats feeling more nervous about the 2020 election all the time.

“I think it's hard not to feel good after getting a jobs report like this. The labor market is continuing to provide the key foundation for the U.S. economy.” — Robert Rosener, Economist- Morgan Stanley.

In addition to November’s rosy jobs report for American workers, previous month numbers were revised upwards as well.

“At every level of employment, it’s been super tight. I truly believe that anybody who wants to work is working.” — Yvonne Rockwell- Express Employment Professionals

In fact, there are a currently a million more jobs available than there are people to fill them. If American workers aren’t currently leveraging the strong economy to negotiate a higher salary, get more benefits or a higher-paying job, they are missing out on a tremendous opportunity.

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