Trump Scoreboard still showing better numbers on jobs than wages as total hiring tops 2 million for the presidency

Getty Images

The latest update to the Trump Scoreboard continues to shows more progress on adding new jobs than boosting wages of the already employed.

The Trump Scoreboard, MarketWatch’s tracker of jobs, pay and stock-market performance during the 45th presidency, showed that 2.18 million jobs have been created since the real-estate magnate took office, after 213,000 new jobs were added in June.

But wage growth, as measured by the 12-month change in average hourly earnings for production and nonsupervisory workers, is still mediocre. After 2.7% growth in June, median wage growth for his presidency stands at 2.5% — slower than the 3-plus percent gains during the presidencies of George W. Bush and Bill Clinton.

And as Trump ratchets up the trade war, the stock market   hasn’t been able to build on a stellar first year.