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A
fter this week’s dour economic news—including that the US GDP shrank in the first quarter and businesses lowered or rescinded their 2025 guidance over tariffs uncertainty—expectations for the newest jobs report w
ere modest.But better-than-expected job growth in April, as reported by the Bureau of Labor Statistics, defied those expectations, offering businesses some optimism ahead of tariffs’ predicted disruption to th
e labor market.“To be honest, this is a report that we need at this time,” Elizabeth Crofoot, a senior economist at Lightcast, told HR Brew. “Whatever’s happening around us, this is going to help keep us centered, I think, as consumers,