Is This the Last “Before” Report for the U.S. Labor Market?

Peter Weddle

By Sam Kuhn

The U.S. labor market continues to show resilience. The U.S. added 177,000 new jobs in April while the unemployment rate stayed fixed at 4.2%. So far, the job market has shrugged off the April 2nd tariff announcements and subsequent whipsawing of financial markets.

The key question we are faced with now is: is this the last “before” report? Before, as in the last jobs report data before the impacts of sweeping tariffs.

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