Jobs market defies expectations amid fears tariffs could soon spur economic downturn - PBS NewsHour

[progree]

1. Also, downward revisions of prior 2 months (58k jobs combined) make it a gain of just 119k

jobs compared to the total number reported a month ago (April 4).

REVISIONS of the prior 2 months: down 58,000, from the BLS news release:
https://www.bls.gov/news.release/empsit.nr0.htm

The change in total nonfarm payroll employment for February was revised down by 15,000, from +117,000 to +102,000, and the change for March was revised down by 43,000, from +228,000 to +185,000. With these revisions, employment in February and March combined is 58,000 lower than previously reported. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.

So compared to the report that came out one month ago we have 177,000 - 58,000 = 119,000 net new payroll jobs reported.

The April 4 report's total nonfarm payroll employment: 159,398k
. . . https://www.bls.gov/news.release/archives/empsit_04042025.htm -- Table B-1
This (May 2 report's) total nonfarm payroll employment: 159,517k -- a 119k increase
. . . https://www.bls.gov/news.release/archives/empsit_05022025.htm or https://www.bls.gov/news.release/empsit.t17.htm or https://data.bls.gov/timeseries/CES0000000001

the actual gain in jobs compared to the previous jobs report -- the April 4 jobs report for March -- was 119k jobs, below the expectation of a gain of 138k jobs.

Both the expected and actual were pretty weak.

But our labor secretary has just declared: 'The Golden Age is here':
https://www.democraticunderground.com/1116100418