The April jobs report "defies expectations."
Despite all of the panic around the stock market and tariffs, we just added 177,000 jobs to the economy in the month of April.
Nonfarm payrolls increased a seasonally adjusted 177,000 for the month, slightly below the downwardly revised 185,000 in March but above the Dow Jones estimate for 133,000, the Bureau of Labor Statistics reported Friday.
The unemployment rate held at 4.2%, as expected, indicating that the labor market is holding relatively stable. The survey of households, which is used to calculate the jobless rate, showed an even stronger gain, with an increase of 436,000 in those who reported holding jobs on the month.
That's not even the best part of the report!
Remember how, under Biden, almost all new jobs in the country went to people who weren't born here?
Trump's economic actions have reversed that trend!
P.S. Now check out our latest video 👇
