Institution Evaluates Non-Farm Payrolls: This Is Not the Non-Farm Data the White House Wanted

BlockBeats News, May 2nd, Analyst Chris Anstey pointed out that there has been much discussion about whether this nonfarm payroll report reflects the "Biden economy" or the "Trump economy." Looking at the details, overall government jobs increased by 10,000, while healthcare and education jobs increased by 70,000, accounting for nearly half of April's nonfarm employment growth.

However, these categories of jobs are not what the Trump team was pursuing. The manufacturing jobs they were pursuing have shrunk, so this is indeed not an ideal nonfarm payroll report for the White House. (FXStreet)