Many economists worry that President Trump’s policies will push inflation higher yet.
The first monthly jobs report of Donald Trump’s second presidency points to a solid but unspectacular labor market.
Economists note that America has the strongest of the world’s most advanced economies, one that has proved surprisingly durable despite the pressure of high interest rates.
Unexpectedly strong hiring numbers suggest that America’s labor market is solid enough to support steady hiring and a growing economy.
It’s the sharpest year-over-year increase since March 2023.
Friday’s report from the Labor Department also shows that the unemployment rate ticked up to 4.1 percent from 4 percent.
© 2025 The New York Sun Company, LLC. All rights reserved.
Use of this site constitutes acceptance of our Terms of Use and Privacy Policy. The material on this site is protected by copyright law and may not be reproduced, distributed, transmitted, cached or otherwise used.