More good news for the president…
Despite doom-and-gloom reports from the left-wing media mob, the Trump economy added a stronger-than-expected 177,000 jobs in April.
The jobs report once again beat expectations, with 177,000 new jobs added in April!
We are continuing to see the benefits of @POTUS’ efforts to strengthen our economy and put the hardworking men and women of America first 🇺🇸 pic.twitter.com/gNNaGqjol3
— U.S. Department of Labor (@USDOL) May 2, 2025
From CNN:
The US economy added a surprisingly strong 177,000 jobs in April, a slight slowdown from March’s downwardly revised 185,000 gains, according to Bureau of Labor Statistics data released Friday. April’s gain was stronger than the average pace of monthly job growth in the prior three months.
Meanwhile, the unemployment rate was unchanged at 4.2%, a historically low level.
Economists polled by data firm FactSet were expecting the economy to have added just 135,000 jobs last month, and that the unemployment rate held at 4.2%.
US stocks moved higher Friday morning as investors digested the report. The Dow rose 490 points, or 1.2%. The broader S&P 500 rose 1.15% and the tech-heavy Nasdaq Composite gained 1%.
Trump posted on TRUTH Social Friday morning, touting his economic wins:
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
This story is developing…
.@StephenMoore reacts to the jobs report: "436,000 increase in the number of people who are employed. So, this is an amazing report… The labor force participation rate rose. So, this is a very strong number." pic.twitter.com/CuAPwD52Yn
— Rapid Response 47 (@RapidResponse47) May 2, 2025
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