Great news for Trump 2.0.
America’s resilient job market continues to surpass expectations despite ongoing economic uncertainty peddled by the left-wing media.
The U.S. economy added an unexpectedly robust 177,000 jobs in April, slightly down from March’s revised figure of 185,000, according to data released Friday by the Bureau of Labor Statistics. April’s increase outpaced the average monthly job gains seen over the previous three months.
The unemployment rate held steady at a historically low 4.2%, matching economists’ expectations surveyed by FactSet, who had projected 135,000 new jobs for the month.
Stocks climbed Friday morning following the news, with the Dow up 490 points (1.2%), the S&P 500 rising 1.15%, and the Nasdaq Composite gaining 1%.
President Trump shared an optimistic economic message on TRUTH Social Friday morning:
“Gasoline just broke $1.98 a Gallon, lowest in years, groceries (and eggs!) down, energy down, mortgage rates down, employment strong, and much more good news, as Billions of Dollars pour in from Tariffs. Just like I said, and we’re only in a TRANSITION STAGE, just getting started!!! Consumers have been waiting for years to see pricing come down. NO INFLATION, THE FED SHOULD LOWER ITS RATE!!! DJT”
“We can push recession concerns to another month,” Seema Shah, chief global strategist at Principal Asset Management, said in commentary issued Friday. “Job numbers remain very strong, suggesting there was an impressive degree of resilience in the economy in play before the tariff shock.”
Stephen Moore on the jobs reports BEATING Wall Street expectations:
“436,000 increase in the number of people who are employed. This is an amazing jobs reports. The labor force participation rate rose. So this is a really strong number.”
Libs everywhere are upset, which is… pic.twitter.com/Ld5hWrMmlQ
— Charlie Kirk (@charliekirk11) May 2, 2025
