In response to the April jobs report, DNC Chair Ken Martin released the following statement:
“Donald Trump’s presidency has been nothing but a scam full of broken promises and higher costs for hardworking Wisconsinites. Thanks to Trump’s trillion-dollar tariff tax, monthly job gains are down 50% across the country and small businesses are shedding jobs. As of today, nearly 59,000 Wisconsinites have filed for unemployment since Donald Trump began his second term. As Trump steers the economy toward recession, the latest jobs report proves once again that Trump’s chaotic agenda will only continue to wreak havoc on Wisconsin families.”
NEW: Thanks to Donald Trump’s chaotic and expensive agenda, job gains are down over 50%, and layoffs have spiked to the highest level in five years.
Challenger Gray & Christmas: “April 2025 Job Cuts Plunge, But DOGE Drives 2025 Layoffs to Pandemic-Era Highs”
“U.S.-based employers announced 105,441 cuts in April, down 62% from the 275,240 job cuts in March. It is up 63% from the 64,789 cuts announced in the same month last year, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas. …
“So far this year, employers have announced 602,493, the highest year-to-date total since 2020 when 1,017,812 job cuts were recorded. It is up 87% from the 322,043 cuts announced during the same period in 2024. …
“Retailers announced 7,235 cuts in April for a total of 64,319 in the first four months of the year, the second-leading industry in job cuts this year. This is a 296% increase from the 16,232 Retail job cuts announced during the same period last year.”
Bureau Of Labor Statistics: The average jobs added per month across the first three months of Donald Trump’s second term was just 154,667 jobs, 54% lower than the last administration’s monthly average of 336,250 jobs.
Intuit: “The latest quarterly data from the Small Business Index shows US small business employment fell by 433,500 jobs (-3.53%) in the first quarter of 2025.”
Reuters: “US job growth slows marginally in April; unemployment rate steady at 4.2%”
“U.S. job growth slowed marginally in April, but the outlook for the labor market is increasingly darkening as President Donald Trump’s aggressive tariff policy heightens economic uncertainty.
“Nonfarm payrolls increased by 177,000 jobs last month after rising by a downwardly revised 185,000 in March, the Labor Department’s Bureau of Labor Statistics said in its closely watched employment report on Friday.”
A majority of Americans believe the economy is on the wrong track under Trump — including Republicans.
Bloomberg: “US consumer sentiment fell to one of the lowest readings on record and long-term inflation expectations climbed to the highest since 1991 on fears of the economic fallout from tariffs. …
“About two-thirds of respondents see their inflation-adjusted incomes falling in the year ahead. Nearly as many expect unemployment to rise.”
Conference Board: “Notably, the share of consumers expecting fewer jobs in the next six months (32.1%) was nearly as high as in April 2009, in the middle of the Great Recession. In addition, expectations about future income prospects turned clearly negative for the first time in five years, suggesting that concerns about the economy have now spread to consumers worrying about their own personal situations.”
Joe Weisenthal, Bloomberg: “March saw a big drop in how *Republicans* feel about the state of the US economy”
NBC News/SurveyMonkey: 60% of Americans say the country is on the wrong track, 60% disapprove of Trump’s handling of inflation and cost of living.
