THE JOBS BOOM – AT 10:54 A.M. ET:  The jobs picture is improving under Trump.   That in itself is great.  But the way in which it's improving is equally great.  Investors Business Daily does a fine analysis:

But the most interesting part of the jobs report, which goes almost unnoticed by the media, is that it's not just a few groups seeing more jobs and opportunity — it's broad-based, with minorities, women, men and even those with low incomes, showing the best gains.

For instance, every education group — ranging from those with no high school diploma, to those with a bachelor's degree or higher — saw significant declines in unemployment in November 2017 from November 2016. And the biggest drops were for those with the least education, not the most.
Meanwhile, groups that have lagged in recent years also show major improvements. For instance, the jobless rate for African Americans dropped from 8% to 7.3%, while for Hispanics it fell from 5.7% to 4.7%. For Asians it stayed at an ultralow 3%.

Among adult men 20 years and over, unemployment has plunged from 4.3% last year to just 3.7% now. Likewise, adult female unemployment declined from 4.2% to 3.7%.

Only one group is doing notably worse: Teenagers. Those aged 16 to 19 have seen their jobless rate rise from 15.2% to 15.9% in the past year. It's no fluke: Hefty minimum wage hikes around the country have slashed youth employment.

Even manufacturing, long a laggard in our economy, has rebounded smartly. The economy added 189,000 jobs in the last year, the Bureau of Labor Statistics notes. At the same time, federal government employment is down by 3,000, CNSNews.com reports.

As for wages, average earnings rose five cents an hour, or 2.5%, from last year. But economists Brian Wesbury and Robert Stein of First Trust add that number to the change in total hours worked to get what they call "total earnings."  Those are up "a sturdy 4.8% from a year ago," they said, and "wages are rising faster in the lower income ranges than in the higher ones."

COMMENT:  Terrific.  The mainstream media won't emphasize the positive news.  They'll emphasize Trump's latest tweets.  But as Americans start to feel the progress in their wallets, added to by a tax cut, they'll understand that real advances are being made.

December 9,  2017