Mastodawn

U.S. employers added 175,000 jobs in April, a downshift in the pace of hiring. The unemployment rate ticked up to 3.9% -NYT

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Laffy May 3, 2024

2/ “It was the 40th straight month of job gains in the US and the 27th consecutive month with the unemployment rate below 4% – the longest such streak since 1953.” https://www.theguardian.com/business/article/2024/may/03/us-april-jobs-report?CMP=Share_iOSApp_Other

US adds 175,000 April jobs as hiring slows and unemployment stays steady

April’s figure was lower than forecast and unemployment rate ticked up over the month but still market remains strong

The Guardian

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Wiley Miller May 3, 2024

@GottaLaff

But...but...Biden is old!

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Elizabeth May 3, 2024

@GottaLaff And Trump just called the job numbers "horrible" 😆

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HistoPol (#HP) 🏴 🇺🇸 🏴May 3, 2024

@punkhaiku

#USpol

In a sense, #TFG is right: a boyant economy has usually been beneficial for the incumbent president in an #election.

175K is just shy of trumps 1st 3yrs monthly avg of 182K... so Joe's are just fine... and the market loved this report... and of course these can be moved up or down by the next report as they are fully realized.

@GottaLaff

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