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Larry Kudlow on Jobs Report, U.S. Economy: I Think We Are in Very Good Shape Here at Home

 

RUSH TRANSCRIPT:
Deal. Mr. Kudlow: I want to note in today’s Jobs report, not only 164,000, which is a solid number , households which is a small business number, household employment was up 283,000. One important number — civilian labor force up 370,000. Last month it was up 335,000. People are coming out of the woodwork to come back to work because of better job opportunities, better job training opportunities, and higher wages. That is important. We just got the wage and salary numbers revised up across the board. The last 12 months, wages and salaries rising at 5.1% — 5.5% with an above 8% saving rate, which is absolutely phenomenal, and the biggest gainer in all ofthis are the low end, middle and low end people, blue-collar workers. The bottom 10% is the biggest gainer. Some of our critics might want to check those facts to improve their own analysis. I think we are in very good

Rusty Weiss

Rusty Weiss is a freelance journalist focusing on the conservative movement and its political agenda. He has been writing conservatively charged articles for several years in the upstate New York area, and his writings have appeared in the Daily Caller, American Thinker, FoxNews.com, Big Government, the Times Union, and the Troy Record. He is also Editor of one of the top conservative blogs of 2012, the Mental Recession.

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