Jim Cramer's weighing in on the shocking jobs report, which came in far above expectations and how to get Americans investing in the stock market.
It's Jobs Day
In November, the U.S. added 266,000 jobs.
That's right -- 266,000. The expectation was for around 180,000.
And the unemployment rate slipped back down to 3.5%, the lowest since 1969.
This comes after back and forth headlines between the U.S. and China and uncertainty when we'll see a signed U.S.-China trade deal.
Why Don't Americans Own Stocks?
According to the Financial Times-Peter G. Peterson Poll, only 14% of families own stocks outright.
That's an incredible number.
"All of this great wealth creation is the creation for the few, not the many. About 40% of the people don't even know it is happening," wrote Cramer in a Real Money column.
"How the heck can this be happening, even as the president champions the stock market, or at least his impact on the stock market when it makes regular new highs? His 67 million Twitter followers have to have some sort of clue about the market, no? Don't some of them realize that the S&P 500 is up 24.2% since the start of the year, the best in six years?" he continued.