'Trump Effect': New Jobs Report Blows Past Economists' Expectations

‘Trump Effect’: New Jobs Report Blows Past Economists’ Expectations


Two new data points show the American economy is growing opportunity at a pace that is leaving the experts in its dust.

The U.S. Department of Labor on Thursday reported that the economy added 147,000 jobs in June.

Economists polled by LSEG projected the growth would be 110,000 jobs, according to Fox Business.

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“TRUMP EFFECT,” RNC Research posted on X.

‼️TRUMP EFFECT pic.twitter.com/RrfujvpGWl

— RNC Research (@RNCResearch) July 3, 2025

Experts were also too pessimistic about the June unemployment rate, projecting a rate of 4.3 percent when the rate for June was 4.1 percent.

Revisions to previously announced reports for April and May indicated that actual job growth for those two months was 16,000 jobs higher than initially reported.

“The solid June jobs

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