The July jobs report came in weaker than expected, with only 73,000 new jobs added last month. The unemployment rate ticked up slightly to 4.2 percent from 4.1 percent in June. Wall Street economists had predicted 115,000 new jobs, so this miss has some people worried.
But let’s be clear about what’s really happening here. President Trump’s tariff policies are forcing American companies to finally put America first. For decades, our jobs have been shipped overseas while politicians did nothing to protect working families.
Some market analysts are crying about how tariffs are slowing down hiring. They want us to go back to the failed trade deals that destroyed our manufacturing base. These same experts never cared when millions of American jobs disappeared to China and Mexico.
The truth is that building a strong economy takes time and tough decisions. Trump’s tariffs are making other countries pay their fair share for access to American markets. Short-term growing pains are the price we pay for long-term economic strength.
Previous job numbers for May and June were also revised down by 258,000 jobs combined. This shows the economic mess Trump inherited was even worse than we thought. The deep state bureaucrats probably hid the real numbers until now.
Despite what the doom-and-gloom media wants you to believe, unemployment is still near historic lows. American workers are still finding jobs, even as we fight to bring manufacturing back home. This is what economic patriotism looks like.
The stock market might be nervous, but smart investors know that America First policies will pay off big time. We’re finally standing up to countries that have been ripping us off for years. Every American job saved from foreign competition is worth the temporary market jitters.
This jobs report proves we need to stay the course on tariffs and trade reform. The global elites want us to back down and return to their rigged system. Real Americans understand that rebuilding our economy means some short-term sacrifice for long-term victory.