What Jim Cramer Driving a Truck Has to Do With the Jobs Report - TheStreet

What Jim Cramer Driving a Truck Has to Do With the Jobs Report

Why does driving a truck matter? Jim Cramer breaks down the jobs report.
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The October jobs report was released Friday, Nov. 2. 

The numbers beat expectations, with the U.S. reporting 250,000 new jobs in October, smashing expectations of 190,000. 

The restaurant business in particular added a high number of jobs, topping over 33,500.

Cramer discussed why he's pleased with these numbers and what Wall Street should be paying attention to--especially older, richer Wall Street veterans. 

But what does this have to do with truck driving?

Well, Cramer said that the number of truckers still remains low as millennials and younger generations are looking more towards autonomous driving to make up for the lack of job growth in the trucking industry. 

Cramer said that millennials aren't so keen on driving trucks anymore, and those 18-wheelers are a lot tougher to drive than one might think. Or so says Cramer, who has attempted to drive one before. 

Want a more in-depth look at the October jobs report? Cramer's team of analysts at Action Alerts Plus analyzed the numbers for members of the portfolio.

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