On May 2, analyst Chris Anstey pointed out that there has been much discussion about whether this non-farm report reflects the “Biden economy” or the “Trump economy.” From a breakdown perspective, overall government jobs increased by 10,000, and healthcare and education jobs increased by 70,000, which accounted for almost half of the non-farm job growth in April. However, these types of jobs are not what the Trump team pursued. The factory jobs they sought have shrunk, so this is indeed not an ideal non-farm monthly report for the White House. ( Jin10 )
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Institutions evaluate the US Non-farm Payrolls (NFP): This is not the non-farm data the White House wants.
On May 2, analyst Chris Anstey pointed out that there has been much discussion about whether this non-farm report reflects the “Biden economy” or the “Trump economy.” From a breakdown perspective, overall government jobs increased by 10,000, and healthcare and education jobs increased by 70,000, which accounted for almost half of the non-farm job growth in April. However, these types of jobs are not what the Trump team pursued. The factory jobs they sought have shrunk, so this is indeed not an ideal non-farm monthly report for the White House. ( Jin10 )