Less Jobs = Better Interest Rate, Ya?

Maybe there's a silver lining in all the bullshit.

May 11, 2024

∙ Paid

The jobs report for April is out (yay!) and the U.S. added 175,000 jobs, which is considered “low” and “cooling.”

Before we get into this, here’s the funniest shit:

On Truth Social, Donald J. Trump, the presumptive Republican presidential nominee, declared the report showed “HORRIBLE JOB NUMBERS.” Under Mr. Trump’s presidency, before the pandemic’s impact took hold in March 2020, monthly job gains averaged about 180,000 — just a tad higher than April’s gain.

LOL.

OK, back to reality.

A “cooling jobs report” is good for this reason:

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