The Dow Jones Soared today at the April Jobs numbers.
“This is the second month in a row where the jobs report has beat expectations, particularly with the impressive April jobs numbers. Wages are continuing to rise and labor force participation is increasing. This is exactly what we want to see. More Americans working for higher wages. More winning is on the way!” — Press Secretary Karoline Leavitt
President Donald J. Trump is revitalizing the American economy as the workforce grows and businesses onshore jobs — and today’s April jobs report proves it.
Here’s what you need to know:
Impact of April Jobs on the Economy
- In April, the U.S. added 177,000 jobs — smashing expectations for another month as the labor market responds to President Trump’s economic vision.
- Private education and health services: +70,000
- Transportation and warehousing: +29,000
- Leisure and hospitality: +24,000
- Professional and business services: +17,000
- Financial activities: +14,000
- Labor force participation grew as more Americans enter the workforce during President Trump’s Golden Age.
- Americans’ wages continue to rise, with real average hourly wages up by nearly 4% over the past year.
- Construction employment increased for the third straight month, adding 11,000 new jobs — with no evidence of labor shortages in sight.
- The federal government cut jobs for the third straight month as President Trump implements his bold vision to right-size the bureaucracy.
Here’s what they’re saying:
- Economist Steve Moore: “This is an amazing report. The labor force participation rate rose — so this is a really strong number.”
- Fox Business Network’s Charles Payne: “Transportation and warehousing — those are the jobs that were supposed to be hit, right? Up 29,000 … Maybe some of this manufacturing, some of these deals that the White House has announced, maybe we’re starting to see that already play out.”
- Fox Business Network’s Maria Bartiromo: “As President Trump would say, ‘It’s going to be the best economy anybody has ever seen.’ Look, we’ve got a market that is reflecting that.”
- ERShares CEO Joel Shulman, Ph.D.: “This is very encouraging because we’re already seeing many of the companies dependent upon foreign suppliers already reshoring some of their jobs.”
- Former Toys “R” Us CEO Gerald Storch: “We’re going to be in great shape.”
Local News Via - MyrtleBeachSC.com
