"Our economy is the envy of the world, and we’re going to keep it that way."

THE PRESIDENT: Hello, everybody. That’s a very bright sun. Beautiful day in Washington.

I will say that we’ve had tremendous reports coming out of the economy — it’s been incredible — and numbers like we haven’t seen before. And we have the strongest economy in the world: 266,000 jobs; you can add another 40 [thousand] to that. It’s about 300,000 jobs. Very importantly, it’s 50- or 55,000 manufacturing jobs. We’re the envy of the world. Our economy is the envy of the world, and we’re going to keep it that way. So that’s very important.

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“These are the best jobs numbers of our lives"

Analysis: Click on Image

• The unemployment rate fell to 3.5%—matching its lowest level in 50 years.
   
• Economists had expected the economy to add 185,000 jobs. It added 266,000. 
   
• Economists had predicted 15,000 more manufacturing jobs. We got 54,000. 
   
• Compared with last year, average hourly wages are up more than 3%. 
   
• The number of Americans working rose to 158,593,000—a record high. 

Here’s the full update from the Council of Economic Advisers

Additionally, September was revised up by 13,000 from +180,000 to +193,000, and the change for October was revised up by 28,000 from +128,000 to +156,000. With these revisions, employment gains in September and October combined were 41,000 more than previously reported.  [Full BLS Report Here]

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"President Trump has restored incentives .. incentives to work, to invest, to take risks, to start a business"