U.S. Added 177,000 Jobs In April As Trump Celebrates ‘Strong Employment’

[Hol]

TOPLINE​

The labor market showed signs of steadiness in April as the U.S. added more jobs than expected, according to a Bureau of Labor Statistics report out Friday morning, as the economy walks the recession tightrope.

U.S. Added 177,000 Jobs In April As Trump Celebrates ‘Strong Employment’

Goldman Sachs forecasts unemployment will spike to 4.7% by year’s end, the highest level since September 2021.

www.forbes.com

 

[Tall Timbers]

On the one hand headlines intimate that there will probably be a recession this year. On the other hand our economy appears to be quite healthy and in the beginnings of a growth period.

 

[Almost Heaven]

That isn't great news. DOGE cut nearly 300,000 jobs this year. That is just federal government jobs. Private sector jobs would make that number increase.

 

[Margery]

That isn't great news. DOGE cut nearly 300,000 jobs this year. That is just federal government jobs. Private sector jobs would make that number increase.

Private sector jobs would be the best situation. And preferably ones that are fairly secure for the workers. What makes me wonder is how that works when businesses are stressed due to price volatility for parts and equipment that may be imported, on top of decreasing consumer demand which has been widely reported.

Hoping and praying things work out better soon. There was a spike in consumer spending on cars and goods like dishwashers etc where people decided to buy now before the prices rise. Once that kind of spending takes place, it is followed by a drop.