Posted on 05/08/2026 6:53:16 AM PDT by abb
US employers added 115,000 jobs in April and the unemployment rate remained steady at 4.3%, a surprisingly robust gain to the labor market as the US-Israel war with Iran continued to drive up economic uncertainty.
Economists projected about 55,000 new jobs and a 4.3% unemployment rate. A day earlier, the labor department announced 200,000 people filed for weekly unemployment benefits, a slight increase from the week before.
Jobs gains were concentrated in healthcare, transportation and warehousing, retail and social assistance. Altogether, 106,000 new jobs were added to those four industries.
Meanwhile, job losses were seen in federal government employment – which is down 348,000 since November 2024 – and the information sector.
(Excerpt) Read more at theguardian.com ...
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Democrat Presidents are full of surprises — all bad.
Republican Presidents are full of surprises — all good.
Media: “Damn it anyway!”
I’ve personally noticed an uptick in recruiters reaching out to me...
Me too!
Your comment was just about as unexpected as the fact that the news was unexpected. Honestly, we should burn ADP to the ground. Every single month their estimate in advance of the official number is off, often wildly so
I think that when this Iran conflict dies down and gets resolved, we’re going to see an economic boom like we’ve never seen before, including much lower prices.
Mirror, mirror, on the wall
Who’s the saddest of them all?
The Democrats. And the Freeper Doomers with TDS.
ADP? Umm... spoiler alert...
I watch Barron’s headlines as they demonstrate their political bias, here is the headline at this moment:
Hiring Jumps by 115K in April. Why That Number Isn’t as Good as It Looks.
The data push back on the narrative that hiring is stalling. However, gains were concentrated in a few sectors, and revisions were grim.
Same. I'm on LinkedIn with the premium membership and get viewed dozens of times a day. Most of these are recruiters.
On LinkedIndia, there’s nothing but total silence. Even my recruiter e-mail folder, named “Useless - Bombay Express” is empty.
Some history on the use of “unexpectedly.”
https://www.washingtonexaminer.com/opinion/beltway-confidential/39501/unexpectedly-again/
Unexpectedly! Again!
By Michael Barone
Published May 31, 2011 4:00am ET
https://www.aei.org/articles/pro-obama-media-always-shocked-by-bad-economic-news/
Which raises some questions. As Instapundit reader Gordon Stewart, quoted by Reynolds on May 17, put it, “How many times in a row can something happen unexpectedly before the experts start to, you know, expect it? At some point, shouldn’t they be required to state the foundation for their expectations?”
One answer is that many in the mainstream media have been cheerleading for Barack Obama. They and he both naturally hope for a strong economic recovery. After all, Obama can’t keep blaming the economic doldrums on George W. Bush forever.
“U gonna believe me, or them lying numbers?”
Are you in IT?
No, finance/accounting.
I'll take that bet on the lower prices. Should happen with gas prices, but I bet most companies will hold firm on retail prices, if not continue to raise them unless spending craters.
The American public has shown little desire to go without, so they'll continue to spend freely, even if they have to go further into debt to make it happen.
I am putting out a guess here, but amid large publicly traded company layoffs, the private sector is adding jobs.
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