NEW YORK, NEW YORK - JUNE 02: Stock market numbers are displayed on a screen at the New York Stock Exchange during afternoon trading on June 02, 2023 in New York City. Markets closed on a high note amid the passage of the a debt ceiling bill that will avert a government shutdown and the release of a positive Department of Labor jobs report from May that exceeded forecasters' expectations with the U.S. economy adding 339,000 jobs and the unemployment rate jumping to 3.7% from 3.4%. (Photo by Michael M. Santiago/Getty Images)

Job Market Holds Strong, Markets Rally, But Trump’s Economic Approval Takes a Hit – Is It Media-Driven Fear?

Jobless claims just dropped—proof the labor market is still holding the line. Yes, 222,000 Americans filed for unemployment last week, a slight uptick that matched expectations. But the four-week average actually ticked down, and continuing claims fell by 37,000. Translation? People are still getting hired, and the labor market isn’t cracking—yet.

Read More Job Market Holds Strong, Markets Rally, But Trump’s Economic Approval Takes a Hit – Is It Media-Driven Fear?