U.S. employers added 177,000 jobs in April, beating projections and bolstering President Donald Trump’s argument that the economy is responding well to his policies despite predictions of a tariff-related slowdown...[although] Economists and business leaders have warned that the president’s tariff policies may soon weigh heavily on both the labor market and the overall economy if the administration fails to quickly broker new trade agreements and lower its sky-high levies on imported goods.
Employers have announced layoffs affecting more than 600,000 positions through the first four months of the year, according to the job placement firm Challenger, Gray & Christmas. That’s the highest total reported through April since Covid-19 shutdowns rocked the global economy in early 2020. Nela Richardson, the chief economist for the payroll processing firm ADP, said a recent softening of private sector hiring reflects the unease of employers who are “trying to reconcile policy and consumer uncertainty with a run of mostly positive economic data.”
Politico
It's become a matter for mainstream news to maintain a presence at the WH briefings as the Trump administration attempts to blockade their output in favour of online MAGA influencers. They tell a different story to the one Trump tries to promote.
