Economics

Jobs Fuels Economic Momentum for Trump Ahead of Election

  • Payroll gain of 225,000 exceeds estimates for January
  • State-level data may be more important than national numbers
WATCH: Bloomberg’s Mike McKee breaks down the January jobs report.(Source: Bloomberg)
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America’s jobs engine roared in January and wage gains rebounded, offering fresh momentum for the economy and a tailwind for President Donald Trump at the start of the election year.