Friday, May 08, 2026

More Jobs Created in April Than Expected Plus Red Flags

Nonfarm payrolls rose by a seasonally adjusted 115,000 in April, down from the 185,000 created in an unusually strong March, but better than the 55,000 forecast.

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A good news jobs report: Payrolls grew +115k (beating expectations of 55k), and the unemployment rate was unchanged at 4.3%. Revisions a bit negative: Feb revised down -23k, and March revised up +7k. Over the past 3 months we're creating +48k jobs per month, which may just be okay.

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-- Justin Wolfers (@justinwolfers.bsky.social) May 8, 2026 at 8:37 AM

Comments

I am, shall we say, dubious about these numbers.

#1 | Posted by jpw at 2026-05-08 12:34 PM

many of the jobs were created in the health-care and education areas.

Manufacturing jobs decline.


Related ...

US consumer confidence falls to record low amid inflation
caliber.az

... Consumer sentiment in the United States has dropped to a new record low as Americans express growing concern over inflation, rising living costs, and deteriorating buying conditions, according to a preliminary survey. ...


#2 | Posted by LampLighter at 2026-05-08 01:28 PM

Yes and there are red flags in the article. Ut it is better than losing jobs and the unemployment rate is better than it could be.

Still wouldn't piss in Trump's mouth if his teeth were on fire.

#3 | Posted by Idependant97 at 2026-05-08 02:45 PM

I am, shall we say, dubious about these numbers.
#1 | POSTED BY JPW

Probably due to the fact Trump fired everyone in the government and replaced them with yes men who will do and say anything to keep Trump happy.

#4 | Posted by ClownShack at 2026-05-08 02:54 PM

@#3 ... it is better than losing jobs ...

I agree.

But it is necessary to look at the areas that are gaining jobs vs areas that are losing jobs, instead of just looking at the headline number.

With that in mind ...

Pres Trump had promised to bring manufacturing back to the US.

But there was a multi-thousand job loss in the manufacturing area in this report.

The gains in jobs were mostly health-care and education.


Not the manufacturing increase that Pres Trump had hoped for.

Trump Effect: American Manufacturing Is Roaring Back as Factory Activity Hits Four-Year High (April 2026)
www.whitehouse.gov

#5 | Posted by LampLighter at 2026-05-08 10:58 PM

"Up" is relative.

And I will wait for the inevitable massive downward adjustments.

And have this data been verified by at least 2 outside reliable sources?

Trumpy has destroyed the presumption of regularity through disingenuous representations of data, leading to no confidence that the government is acting honestly at all anymore.

#6 | Posted by donnerboy at 2026-05-10 02:45 PM

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