The indicators MarketWatch picked at the start of the Donald Trump presidency to measure how effective the U.S.’s 45th presidency was are looking pretty good, though the commander-in-chief isn’t making that the closing message in the run-up to the midterm elections on Nov. 6.
The 250,000 nonfarm jobs created in October take the total number of new positions created during his time in office to 4.05 million, with a median of 190,000 jobs per month.
MarketWatch uses the average hourly earnings for production and nonsupervisory workers to measure pay, and the 12-month change in that series jumped to 3.2%, a nine-year high.
Even with the rough October, the gain in the S&P 500 SPX, -0.63% , including dividends, is 25.3% since Trump stepped into the Oval Office.
Trump’s closing midterm message has focused on immigration and the threat posed by a so-called caravan approaching the U.S. from Central America.