Friday’s jobs report smashed expectations again, showing the labor market is far healthier than corporate media suggests. In April, 115,000 jobs were created, and the unemployment rate remained at 4.3%.

These job gains follow a string of strong labor market indicators this week. ADP private payrolls increased by 109,000, driven by small businesses. The latest JOLTS report showed hiring surged and quits increased, a key sign that workers are confident they can find better opportunities. Thursday’s jobless claims held at a historically low 200,000. 

Main Street is driving these employment gains. U.S. Census data shows small business creation is hovering at a record level, approximately 20% above the post-pandemic average.

The boom traces back directly to last July’s Republican tax cuts, which made it easier for small businesses to start, expand and hire. According to the Small Business Administration, 12 million American small businesses got an average tax cut of over........

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