Birdnow's Aviary

May 08, 2026

U.S. Economy Booming: Women, Minorities Hardest Hit

Timothy Birdnow

Despite media claims the economy is in shambles, the reality is it is booming.

U.S. payrolls jump more than expected, but the report had several red flags for the economy

This is more than just tepid growth.

The media has been able to trick the gullible into believing the economy is bad but their gaslighting is starting to wear thin in light of the great numbers that keep coming out. The fact is we are in a terrific recovery.

FTA:

Nonfarm payrolls rose by a seasonally adjusted 115,000 in April, down from the 185,000 created in an unusually strong March, but better than the 55,000 forecast.

The unemployment rate held at 4.3%, further proof that the labor market has reached a point where only modest job creation is needed to keep the jobless level steady.

Average hourly earnings came in lower than expected, increasing 0.2% for the month and 3.6% on an annual basis, compared with respective estimates for 0.3% and 3.8%.

Following recent trends, healthcare led with 37,000 new positions, though multiple other sectors also saw gains.

But of course this is just a harbinger of doom to the media:

Average hourly earnings, another closely watched metric of labor market health, came in lower than expected, increasing 0.2% for the month and 3.6% on an annual basis, compared with respective estimates for 0.3% and 3.8%.

However, the month also saw another drop in the labor force and a decline in tech-related jobs in the low-hire low-fire environment that has prevailed since the early part of 2025.

Of course; the oil prices are higher and that impacts wages in no small part. But that will come down in short order.

A decline in high tech jobs is also no surprise with AI rising as it is; these jobs are less in demand by employers as they can be done by AI now.

The media just couldn't help but put a turd in the punchbowl.

The article also states:

A broader measure that includes discouraged workers and those holding part-time jobs for economic reasons rose to 8.2%, up 0.2 percentage point. The household survey, which the bureau uses to calculate the unemployment rate, showed a decline of 226,000 workers as the participation rate declined to 61.8%, the lowest since October 2021.

This is no surprise either. A LOT of people who stopped looking for work during the Biden era (which is why unemployment appeared to be down - they stopped counting the discouraged workers) have started looking again, and that is why unemployment seemed higher under Trump. Notice how suddenly the participation rate is an issue to the mainstream media!

The fact is a lot of people are competing for the jobs now since Trump stopped giving them a free ride.

The reality is everything is coming up roses in the U.S. economy.

Posted by: Timothy Birdnow at 08:54 AM | No Comments | Add Comment
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