President Donald Trump said that Friday’s jobs report should result in additional market growth, a line he has consistently pushed during his 17 months back in office.
Recent data pointed to a stable job market, even as total employment declined.
"...that's the way it was for 200 years..."
“With a great Jobs Report, like just announced, stocks should go up, not down," Trump posted. "That's the way it was for 200 years. Growth does not mean inflation!”
Trump says the Fed should not raise interest rates after May's 172,000 jobs beat. Markets sold off on rate hike fears ahead of the June FOMC meeting.