More Winning: Trump's Economy Sees Highest Wage Growth in Nearly a Decade


A new report shows November’s hourly wages grew at their strongest rate in nearly a decade when the nation was recovering from the Great Recession.

The Wall Street Journal reported wages were up 3.1 percent in November compared to the same month last year. That matched October’s rate, which was the best since June 2009.

This good news for workers occurred at the same time the U.S. continues to enjoy its lowest unemployment rate since December 1969 of 3.7 percent.

Jack Smith Runs to Judge Chutkan, Claims Trump Violated Terms of Release with Gun Video

The Republican Party touted the wage growth number in a tweet, saying President Donald Trump’s economic policies are yielding results.

The president’s top economic adviser, Larry Kudlow, told CNBC last week that he does not believe job growth has peaked.

“This has been a blue-collar recovery,” he said. “The best blue-collar job performance since the mid 1980s.”

Kudlow also said the tax cuts passed by the Republican Congress last December are having their intended results

“We’re at a really good spot, if you ask me. I hear all this pessimism coming off Wall Street,” Kudlow said. “We’re getting tremendous increases in growth. We’re running 3 percent year-on-year. No one thought that was possible, and we’re there.”

Kudlow said the country’s Gross Domestic Product has grown at about 3 percent for seven quarters, and will be over 3 percent for the year for the first time since 2005.

“We’re producing very significant growth, with virtually no inflation. Inflation is coming in under the Feds’  target,” Kudlow said.

Trump Tax Returns Leak Suspect Charged, Faces 5 Years Prison Time if Convicted
Do you think the economy is performing well?

Politico noted that predictions that Trump’s trade moves would dampen job growth have not proven true at the national level.

“CEOs and CFOs are all talking about how the tariffs are hurting them,” said Dan North, chief economist at Euler Hermes North America. “It hasn’t started flowing through with employment. We’re definitely seeing it flow through in profits, though.”

Trump has sought to allay those fears, particularly with regard to China.

“Very productive conversations going on with China! Watch for some important announcements!” the president tweeted on Tuesday.

Truth and Accuracy

Submit a Correction →

We are committed to truth and accuracy in all of our journalism. Read our editorial standards.

, , , , ,
Randy DeSoto has written more than 2,000 articles for The Western Journal since he joined the company in 2015. He is a graduate of West Point and Regent University School of Law. He is the author of the book "We Hold These Truths" and screenwriter of the political documentary "I Want Your Money."
Randy DeSoto is the senior staff writer for The Western Journal. He wrote and was the assistant producer of the documentary film "I Want Your Money" about the perils of Big Government, comparing the presidencies of Ronald Reagan and Barack Obama. Randy is the author of the book "We Hold These Truths," which addresses how leaders have appealed to beliefs found in the Declaration of Independence at defining moments in our nation's history. He has been published in several political sites and newspapers.

Randy graduated from the United States Military Academy at West Point with a BS in political science and Regent University School of Law with a juris doctorate.
Harrisburg, Pennsylvania
Graduated dean's list from West Point
United States Military Academy at West Point, Regent University School of Law
Books Written
We Hold These Truths
Professional Memberships
Virginia and Pennsylvania state bars
Phoenix, Arizona
Languages Spoken
Topics of Expertise
Politics, Entertainment, Faith