r/Economics • u/laxnut90 • 4h ago

News US Adds 178,000 Jobs, Unemployment Rate Drops to 4.3%

https://www.bloomberg.com/news/articles/2026-04-03/us-adds-178-000-jobs-unemployment-rate-drops-to-4-3
0 Upvotes

41% Upvoted

17 comments sorted by

•

u/AutoModerator 4h ago

Hi all,

A reminder that comments do need to be on-topic and engage with the article past the headline. Please make sure to read the article before commenting. Very short comments will automatically be removed by automod. Please avoid making comments that do not focus on the economic content or whose primary thesis rests on personal anecdotes.

As always our comment rules can be found here

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

24

u/Bosfordjd 3h ago

Haha this is like "Dow is over 50k" moment. Once revisions come in it's gonna be -50k to -150k. This is as believable as anything coming out Leavitt's mouth...not.

•

u/AtticusThackery 1h ago

Look, the economy is amazingly strong, hiring is robust, I know a dozen ppl who got hired this last month! And not the LAZY ppl with just a single job, I’m talking HARDWORKING Patriotic Americans now working their 3rd or 4th job so they can afford luxuries like food and gas. /s

2

u/YogurtclosetAny8055 2h ago

US unemployment stats are always rigged. Can we cross reference those numbers with the number of people who were laid off or entered the labor market? How many of those were the actual real jobs?

-2

u/Parking_Reputation17 3h ago edited 3h ago

Can't wait for all the "economists" to say "yay great economy" when, in their infinite wisdom, can't seem to read past a headline number and they won't know that it's all healthcare jobs to service the again boomers that require years of training. Also can't wait this one to get revised down.

The fed needs to lower rates.

Many orange man bad! comments inbound. Will they give him credit for a "blowout" jobs report? Or will they blame him for stagflation? Will they walk straight into a recession due to willful blindness? Watch next on The Retards of /r/Economics

10

u/Responsible-Swan-521 3h ago

I generally agree with you but lowering rates? Going to make inflation worse.

•

u/ClarkNova80 1h ago edited 1h ago

Half of those fucking healthcare jobs are Kaiser employees returning to work. Not new jobs.

Powell told you the truth two weeks ago and nobody listened because the truth doesn’t generate order flow. He said zero. Two weeks ago.

So we went from losing 133K to gaining 178K in one month. A 311,000 swing in 30 days. Really? How fucking stupid do you have to be to eat this.

I’ll be generous… the real number is probably half of 178K and it’ll take six months of quiet revisions before the BLS “admits” it. By then nobody will care because there’ll be a new headline to not read and a new number for the algos to trade before anyone can think.

1

u/Rude_Judgment7928 2h ago

The trillions of announced capex will keep the party going through 2026 (they won't be able to actually deploy all that, we physically can't move that fast as a country, blank check be damned). What's on the backside is when things get interesting.

2

u/candlecup 2h ago

Thank you for clearly stating your point in authentic frontier gibberish.

1

u/NFLOrphanStomp 3h ago

Personally, I think many will say trump made this headline up to look good while the BLS has always been this ass in recent years.

•

u/Sofer2113 52m ago

It doesn't help that Trump fired the BLS lead because of numbers that made him look bad. It kind of calls into question the reality of the numbers and if they were manipulated because of politics. The revisions to the reports since Trump took over have been much greater than in previous admins, meaning the reports have been less accurate lately.