According to the new jobs report for the month of May, a total of 139,000 jobs were added, which exceeds expectations for the third month in a row. Liberal media outlets are attempting to downplay the achievement by stressing the slowdown in public job creation in their headlines.

For example, CNN’s article on the report said the numbers were “slightly more than expected.”

Nonetheless, the facts speak for themselves. In additional good news, the unemployment rate remained at 4.2 percent and wage gains are still outpacing inflation. These statistics indicate the U.S. labor market is not collapsing, but roaring back.

Gregory Daco, EY-Parthenon’s chief economist, sat down for a talk with CNN and said, “I don’t want to play Debbie Downer by just reading the headlines and concluding nothing to worry about. In my opinion, we are starting to see an acceleration of labor market slowdown.”

The article went on to say that economists had expected the economy to have added 130,000 jobs and for the unemployment rate to stay steady at 4.2 percent. The report, released Friday, shows that despite an increase in economic uncertainty, things are moving at a steady pace.

Ger Doyle, regional president for North America at employment firm ManpowerGroup, said, “This is not a freeze, but a temporary chill. Employees are staying put, employers are holding steady, and everyone is waiting for clearer signs.”

Again, CNN attempted to downplay the good news contained in the data, saying in their report, “While the pace of job growth remains fairly solid, this year’s gains were even softer than initially thought, Friday’s report showed. March’s and April’s gains were revised down by a combined 95,000 jobs, resulting in employment increasing by an average monthly clip of nearly 124,000 jobs this year.”

“The May jobs report still has everyone waiting for the other shoe to drop,” Daniel Zhao, Glassdoor’s lead economist, wrote in true pessimistic fashion on Friday. “This report shows the job market standing tall, but as economic headwinds stack up cumulatively, it’s only a matter of time before the job market starts straining against those headwinds.”

The outlet also attempted to blame the Department of Government Efficiency for “dwindling” job opportunities, noting over 90 percent of jobs created were in health care and social assistance, along with leisure and hospitality.

“When manufacturing is losing jobs and the diffusion index suggests those losses are broad, it’s more indicative of an industry-wide phenomenon, and could warrant concern for the broader economy,” Elizabeth Renter, NerdWallet’s senior economist, said in her own commentary published on Friday.

Trump will no doubt take a victory lap over the good news, as experts indicate his policies, including tariffs, are beginning to bear fruit.



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