EPISODE · May 2, 2025 · 36 MIN
US Adds More Jobs Than Expected, But Downward Revisions are Back
from Nobody Special Finance · host Nobody Special Finance
The US economy added 177K jobs in the month of April, ahead of the 130K expected. But the old trend of big downward revisions to prior months appears to be back as March and February numbers were revised lower by 58K combined. When accounting for revisions, the jobs number is a miss. Elsewhere the is (the illusion of) progress in trade negotiations between the US and China and we've also got big tech and big oil earnings this morning.Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinanceSupport the Channel by Buying Me a Coffee https://www.buymeacoffee.com/nobodyspecialSubscribe to Nobody Special on YouTube: https://www.youtube.com/@NobodySpecialFinanceFollow Nobody Special on X(twitter): https://x.com/JG_Nuke
What this episode covers
The US economy added 177K jobs in the month of April, ahead of the 130K expected. But the old trend of big downward revisions to prior months appears to be back as March and February numbers were revised lower by 58K combined. When accounting for revisions, the jobs number is a miss. Elsewhere the is (the illusion of) progress in trade negotiations between the US and China and we've also got big tech and big oil earnings this morning.Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinanceSupport the Channel by Buying Me a Coffee https://www.buymeacoffee.com/nobodyspecialSubscribe to Nobody Special on YouTube: https://www.youtube.com/@NobodySpecialFinanceFollow Nobody Special on X(twitter): https://x.com/JG_Nuke
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US Adds More Jobs Than Expected, But Downward Revisions are Back
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