While the mainstream media talking heads pontificate about Trump’s economy being in freefall, the labor market just keeps moving along. The latest jobs report from the Bureau of Labor Statistics shows solid growth for April, defying Democrats’ apocalyptic predictions, though there are admittedly signs of stress from the trade war, and Americans should take notice.

In short, the April jobs report was neither great nor terrible, but positive overall. For instance, the headline figure of 177,000 payrolls added was much higher than expectations, but that’s because previous months were revised down. Accounting for those revisions shows 119,000 additional payrolls, which is more in line with most forecasts.

This is still solid job growth, especially when coupled with data from the survey of households showing the number of people employed jumped 436,000 for the month. More than half a million people joined the labor force, a surge that was mostly due to folks reentering the labor market after having previously given up looking for work.

That caused the employment-to-population ratio and the labor force participation rate to both rise, pointing to a stronger labor market and greater confidence among workers. And despite the supply of workers increasing by hundreds of thousands, nearly all of them got jobs which prevented the unemployment rate from rising.

The........

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