Institution: This non farm payroll data will reflect the extent of early damage caused by tariffs

律动BlockBeats
律动BlockBeats|May 02, 2025 12:28
BlockBeats news, on May 2nd, according to foreign media analysis, the non farm payroll in the United States is expected to increase by 165000 in April, and the breadth of job creation is rapidly shrinking. Employment growth may only be concentrated in two industries - construction, professional, and business services. Although the overall data may still steadily rise, it will reflect early signs of damage caused by the trade war. The first wave of tariffs implemented in February may have already led to a slowdown in transportation and logistics recruitment. With the decline of domestic and international tourism industry, the recruitment numbers in the leisure and hotel industry will be lower than their typical spring recruitment numbers. (Golden Ten)
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