Tariff Tornado Trumps Jobs Report | S2 E029 | 04-04-25

Markets with Megan: A Quick Financial Markets Update · Apr 4, 2025 · 3m · transcript

📉 Jobs Report Beats Expectations—But Markets Don’t Care?!

The U.S. added 228,000 jobs in March—far exceeding expectations! But with China retaliating on tariffs and market uncertainty looming, Wall Street barely blinked. 📊

🔎 Key Takeaways:

✅ Job Gains: Stronger than expected, but downward revisions for past months.

✅ Unemployment Rate: Ticked up to 4.2%, but labor force participation is rising.

✅ Wage Growth: Slowing to 3.8% YoY, the lowest since July 2024—will the Fed take notice?

✅ Markets Tanking: Not because of jobs, but due to China’s response to tariffs.

With CPI, PPI, and Fed minutes…