According to a report released by the U.S. Department of Labor on Friday morning, the United States added 115,000 jobs in April—far exceeding economists' previous forecast of 55,000 new jobs—and job growth was spread across multiple industries; the unemployment rate remained unchanged at the low level of 4.3%. The Republican Party and the White House's communications teams quickly seized on this report as evidence of "Trump's economy performing well." With six months remaining until the midterm elections, this is undoubtedly a strong boost for Republican leaders, who have long struggled to resonate with voters on economic issues. However, the full impact of the Iran war on the economy is only beginning to gradually emerge. Economists warn that if gasoline prices remain high, consumers may cut back on spending, potentially driving up unemployment in the coming months.
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Original article: toutiao.com/article/1864688763073610/
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