U.S. Job Growth Remained Strong Last Month

“U.S. employers added 177,000 jobs in April, the Labor Department reported on Friday. The unemployment rate was unchanged at 4.2 percent,” the New York Times reports.

“Both numbers, which demonstrate that the U.S. labor market remains in good condition, are based on surveys taken in the immediate wake of the Trump administration’s move in early April to institute the highest level of tariffs on imports since the 1930s.”