Trump adviser Kudlow: 'We're killing it on the economy'
© Getty Images

The White House took a victory lap Friday after the Labor Department posted a strong jobs report.

“Wow, low unemployment, high jobs, high wages, big consumer confidence, major productivity and no inflation! It’s totally awesome, we’re killing it on the economy,” White House economic adviser Larry KudlowLarry KudlowMORE said in a video posted to Twitter.

The Labor Department reported that the U.S. economy added 263,000 jobs in April, far exceeding economists’ expectations of a gain of 190,000.

ADVERTISEMENT

The unemployment rate also dropped to 3.6 percent from 3.8 percent in the past month and average hourly earnings rose 3.2 percent in the past year. 

The report is a boon to President TrumpDonald TrumpRealClearPolitics reporter says Freedom Caucus shows how much GOP changed under Trump Jake Ellzey defeats Trump-backed candidate in Texas House runoff DOJ declines to back Mo Brooks's defense against Swalwell's Capitol riot lawsuit MORE, who hopes to campaign on a strong economy in his reelection bid next year.

“JOBS, JOBS, JOBS!” he tweeted Friday.

While wage growth has continued to climb, earnings have grown at a much slower pace than the decline in unemployment.