Despite media concerns about economic uncertainty and trade tariffs, the U.S. job market continues to show resilience. In June, the economy added 147,000 jobs, surpassing expectations of 117,500. The unemployment rate dropped to 4.1% from 4.2%, defying forecasts of an increase. Job figures for both April and May were also revised upward, signaling a consistent trend of growth.
This three-month average of 150,000 new jobs highlights solid momentum in the labor market. Financial markets reacted positively, with the Dow, S&P 500, and Nasdaq all posting gains following the Bureau of Labor Statistics’ report. Analysts described the data as “much better than expected,” citing surprisingly low jobless claims and stronger-than-predicted employment figures.
Praise for the job growth came from several conservative voices. Alfredo Ortiz of the Job Creators Network credited President Trump’s policies—specifically trade, tax cuts, and deregulation—for creating a favorable environment for job creation. Trump also shared positive commentary on Truth Social, including a Bloomberg segment highlighting the encouraging economic indicators.
Meanwhile, House Republicans are pushing forward with legislation aligned with Trump’s agenda. House Speaker Mike Johnson discussed the “One Big Beautiful Bill” during a Fox News appearance, framing it as a culmination of over a year’s work. The bill aims to enshrine conservative economic priorities, including tax reform and spending cuts.
Johnson emphasized that the legislation reflects the will of the American people, citing the GOP’s electoral mandate. He also stressed reforms like Medicaid work requirements, aiming to reduce government dependency and ensure programs serve those truly in need.
