Podbit · The MeidasTouch Podcast
The latest jobs report came in at just 57,000 — less than half the 115,000 economists expected. April was revised down 31,000, May down 43,000. Outside of healthcare, the only sector adding jobs is one Trump is actively cutting.
Where this was said
At 6:27 · chapter starts 5:35
When reporters asked Trump before a Pennsylvania trucking event what he would say to workers at risk of losing jobs to AI, he brushed them off: 'Well, now they're not.' His claim of record-high employment collides head-on with reality. The very next day, the jobs report showed only 57,000 positions added — less than half the 115,000 economists forecast. April's total was revised down by 31,000 and May's by 43,000. Meiselas notes that the only sector actually adding jobs is healthcare, the one area Trump is actively cutting. Outside that, manufacturing is struggling, hospitality is shedding jobs by the tens of thousands, and Trump's net job creation is effectively negative.
When asked by reporters about truckers at risk of losing jobs to AI, Trump insisted they're fine — 'we have the highest job numbers ever.' The very next day, the jobs report showed only 57,000 new jobs, less than half of what economists expected.
The latest jobs report showed Trump added only 57,000 jobs, far below the 115,000 economists had expected, with April and May totals also revised downward.
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