If the US economy is so bad why are companies continue to hire new workers?

[exitseven]

Th April jobs number was 177,000 new jobs. The majority in healthcare , transportation and financial. It was predicted it would be 130,000.

The federal workforce has decreased by 9000 jobs.

The unemployment rate has remained at 4%.

[msc545]

The numbers that you cite are mostly lies - however - here are other reasons:

Labor shortages: Some industries (like healthcare, tech, or skilled trades) still struggle to fill roles because demand outstrips supply, no matter the broad economic climate.
Long-term strategy: Companies sometimes hire during downturns to prepare for the next upswing or to snap up talent that’s newly available. Labor shortages in agriculture are mostly due to workers being deported.

Mixed signals: The U. S. economy is often described as having “pockets” — some sectors might face layoffs (like tech in 2022–2023), while others (like hospitality or construction) are booming and need workers.

Government support or contracts: Certain companies (especially in defense, infrastructure, or green energy) keep hiring because they’re funded by long-term public projects or subsidies.

Economic metrics mismatch: Headlines might say “the economy is bad” due to inflation, market volatility, or debt concerns — but unemployment could still be historically low, meaning companies need workers.

[exitseven]

@msc5455 all numbers are as of Friday May2 at 8AM right after the jobs numbers were announced.
The breakdown by sectors is true as well. . The majority are full time jobs and the government workforce decreased by 9000 , mostly because of President Trump's cost cutting initiative.
Yes, there are pockets, healthcare was the prevalent field during this period followed by transportation, hospitality and financial in that order.
The fact that the jobs numbers were so strong and that spending by businesses to buy new equipment has surged by 22% shows the confidence that businesses have in the future.

[jshm2]

They aren't. Most of those are "temps" and other short contract workers, as well as promotions.

Not to mention the Trump government is cheating the unemployment numbers. Mainly by not including a lot of the unemployed. Either putting them on the "administrative leave" category, or claiming they are still being processed for unemployment.

We know that around 200,000 workers at least, have been let go since Trump took office. Trump tries the same shit all the time. It was the same with covid, when he stopped testing, and then tried to claim "numbers are going down". No, bitch. Things are not going down, just because you refuse to count them!

He thinks if he doesn't count the unemployed as such, then they are not "unemployed".

[exitseven]

No, that was the case when Biden was president. These are full time positions and not just in the fast food industry. Most were in healthcare and transportation. These are good paying private sector jobs. Imagine these figures will be adjusted downward in the weeks to come but it is a remarkable start to President Trump'second term

[Julie4]

Let's see, the US economy contracted to -0.3%, whereas various specialists at the start of Trump's election were expecting a positive growth rate.


There was also the loss of several billion dollars in stock market value as a result of Trump's tariff, which he finally had to put on hold.

[exitseven]

The stock market is almost what it was when President Trump took office. The decline in GDP can be attributed to the sudden drop in government spending which is a result of President Trump's cost cutting measures.

[Julie4]

It's not true about the stock market. In fact, Mr. Trump has succeeded in driving the stock market down The Dow Jones Industrial Average has dropped 6.8% since Inauguration Day on Jan. 20. It was the worst start to a presidency for the index since the start of Richard Nixon's second term in 1973, according to Dow Jones Market Data.

And The S&P 500 is down 7.3% in that period and also had its worst first 100 days since Nixon's second term.

And if you look at the performance of the SP500, it is far from having recovered its level of the beginning of the term. Despite a recovery in the stock market, Mr. Trump had to make the additional effort of putting his idea of tariffs on hold.

If he is caught again, the stock market will fall again.

By the way, Trump has even managed to bring down the value of the dollar.

[Julie4]

As for industry, if you think the US can massively reindustrialize, it's simply not realistic.

In fact, if there were a massive relocation, robots coupled with ia would be predominant.

[exitseven]

The Dow Jones averge has made a remarkable recovery. If it continues it will be running in the black in a couple of weeks.

[sage2021]

Yes, but what's to come in the near future is going to change those stats.
The amount of people you are talking about is just a drop in the bucket compared with our population..

[exitseven]

Most of the financial data out there is positive. There was a big jump in American companies investing in new equipment. Gas prices continue to go down and the inflation rate has been slowly declining. The decline in GDP can be attributed to the reduction in government spending. The jump in jobs numbers is a very positive sign because it shows that businesses are expecting the economy to be stronger. Even though many government employees were fired the unemployment rate remained steady at 4%. This is more good news.
President Trump's policies seem to be working despite what the fake news is saying.

[Kelly6]

Why you tink trump and musk targeted USAid?

[exitseven]

@Kelly6 USAID was a cesspool of corruption. It funded many NGOs that were involved in anti American activities.

[Kelly6]

@exitseven
And?

[exitseven]

@Kelly6 do you even see what you are saying? isn't paying for anti American activities enough to be defunded? people should be going to prison.

[sage2021]

Thank you for the MHO 🙂🧁🌷

[BonzoInBitburg]

This is good news on the surface but at the same time they did revise the Feb and March job gains down by a combined 58k. The ADP private sector employment numbers were 40% lower than expected. GDP showed a contacting economy so there are mixed signs. Government spending is up 140b in Q1 this year over last year and the interest rate in the bond market is higher making it more expensive to service the debt. A soft landing in the economy and a quick rebound would be nice. There's still too much uncertainty and until the June and July numbers come in showing the effects of the tariffs, we won't know the extent of the slowdown.

[ProbablyClueless]

I haven't actually reviewed the data for myself yet, so please take my comment with the mountain of salt it deserves. But I want to caution people against accepting employment rates as a major factor of economic health on it's face.

Unemployment goes down when people are both fully and partially employed. One of the things we saw happen in the Biden administration was companies hiring a surge of low skill, hospitality sector, and government sector jobs. Many times these were part-time jobs, and many times the pay sucked. People needed to work 2 and 3 part-time jobs to make ends meet. And many times, they were still going into debt.

But, if you took the employment data at face value, you'd think the Biden economy was killing it because someone working 2-3 part time jobs is adding 2-3 hires to that employment data.

[seeyounexttuesday]

Because the rumors of recession are just leftist "experts" trying to will it into existence. the phrase "intentionally trying to ruin the economy" comes to mind.

[Kelly6]

@exitseven countries debt and

private sector profit are two different things.

federal debt is sky rocketing.

private companies profit sky rocketing.

[exitseven]

President Trump is trying to reduce the debt and decrease government spending. I guess it is working because it looks like the recent decrease in GDP announced last week was caused by a large decrease in government spending. This is due to President Trump's policies.

[Kelly6]

He can’t do it.
Check how much USA gives to other countries in 1 year.
It’s not president fault, it’s long term policy makers fault

[slatyb]

A tiny amount compared with the total US budget. The money goes to defense, debt service, and entitlements.

[Kelly6]

@slatyb last year how much money did USA give to other countries?

[exitseven]

@Kelly6 just funding the war in Ukraine was billions. Trump is putting an end to that one way or another.

[AviatorTom]

US National debt increased by 10 trillion under Obama, 8 trillion under Trump, and 11 trillion under Biden.

Private companies profit... that's what capitalism, the economic system we live in, is all about.

[Anonymous]

Lol the economy shrank for the first time since the pandemic. He managed to do this without a crisis on his hands and record economy handed to him on a silver platter. 🤣

[strateguy632]

Because it is not doing bad... another trump achievement.

[In_Trance]

Because the jobs they're creating pay minimum wage which never matches the rate of inflation

[exitseven]

the vast majority of th ejobs were in healthcare and transportation. There were some in the service sector and in finance but most were good paying jobs.

[In_Trance]

Apparently they're not good enough paying because the economy is bad

[Anonymous]

That's a very good question, I think someone made up the theory that US economy is so bad.

[Opinion Owner]

Probably someone who supports Sleepy Joe.

[jessiena]

Because they did not have choice than to do that

[robocop666]

thier lying to make you happy

[DrPepper12]

Wait...