The job growth is “quite impressive for an expansion of this age,” said Mark Hamrick, senior economic analyst at Bankrate. Job growth was widely expected to slow in 2017, regardless of who was in the White House.
Wages, however, continue to be stagnant, especially for African Americans. The median income for black households is still lower than it was in 2000, according to U.S. Census data. There's hope 2018 might finally be the year that changes as employers are finding it harder to hire so they are more likely to want to increase pay to keep the workers they already have.