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US economy looks strong heading into congressional elections

 

November 2, 2018



WASHINGTON (AP) — For a U.S. economic expansion now in its 10th year, hiring remains robust, growth has picked up and the outlook is a mostly bright one on the eve of congressional elections. 

On Friday, the government reported that employers added a strong 250,000 jobs in October and that the unemployment rate remained 3.7 percent, the lowest level in nearly 50 years. Pay also rose at a healthy pace. Consumers are confident, spending freely, fueling brisk economic growth and encouraging employers to keep hiring.

"Unemployment at 3.7%. Wages UP!" President Donald Trump tweeted Friday mo...



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