economy
February 12, 2026
Is the Trump economic boom here?
Wednesday’s stronger-than-expected jobs report could be a sign of the economic renaissance President Donald Trump promised, possibly in time to save Republican congressional majorities in November.
TL;DR
- January's jobs report showed stronger-than-expected growth, with 130,000 jobs added and the unemployment rate falling to 4.3%.
- This positive report contrasts with previous downward revisions of job numbers for 2025, which totaled 1 million, and skepticism from media outlets.
- The Trump administration is hoping this report signifies the start of an economic turnaround that could boost Republican chances in the November elections.
- Public perception of the economy remains a challenge, with a significant portion of adults believing Trump's economic policies have worsened conditions.
- Historical examples, like the Reagan and Bush administrations, highlight how economic performance and voter perception can significantly impact election outcomes.
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