Trump Unleashes on Biden Over Abysmal April Jobs Report (VIDEO)
The April jobs report was released Friday morning as Joe Biden slept and it was a huge miss.
Non-farm payrolls increased by 175,000 in April, well below the expected 240,000 estimate.
The unemployment rate moved higher in April to 3.9% (it’s actually higher than this) – this is the highest since November 2021.
Zero Hedge reported the truth about April’s abysmal jobs report:
Ahead of today’s payrolls report, in our preview we said that while we knew we would get a slowdown, the question was how big it would be (and before that we also asked if Yellen had leaked the weaker number to Japan ahead of their multiple interventions this week to prevent them from wasting tens of billions in intervention dry capital for nothing).