Sunday, May 4, 2025

Interpreting This Past Week's Jobs Report

Three things are apparent: (1) that the April 2025 jobs report was better than economists expected, (2) the unemployment rate remained steady and (3) that any effects from the recent tariffs announced have yet to manifest themselves. There's also the question of job reductions from the federal government via. both  DOGE and the Executive Branch's deferred resignations program; those shouldn't fully manifest either until later this year.

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