President Donald Trump (R-FL) praised the latest U.S. jobs report on Friday, saying that the economy is booming.
The president is using the data to reassure investors and the public as the country faces high inflation, rising gas prices, and a recent decline in stock market performance.
The Bureau of Labor Statistics released the May jobs report on June 4, 2026. According to the data, the U.S. economy added 172,000 jobs [1]. Trump highlighted these payroll numbers as evidence of economic strength, saying, "IT'S RAINING JOBS" [1].
Trump said the strong jobs report should boost stocks despite the current market slide [3]. This optimism follows a period of significant volatility; the stock market recently posted its worst performance since October 2025 [3].
While the administration focuses on job growth, other economic indicators remain a point of concern for the public. The president mentioned the report in the context of broader economic fears, saying, "With a great Jobs Report, like just announced" [2].
Trump said the payroll gains are a primary indicator that the economy remains resilient. He said that the strength of the labor market will eventually outweigh the immediate pressures of inflation and fluctuating energy costs [3].
“"IT'S RAINING JOBS"”
The administration is attempting to pivot the economic narrative toward labor market strength to offset negative sentiment regarding inflation and equity markets. By emphasizing the 172,000 jobs added, the White House aims to project stability and growth to prevent further investor panic following the worst market performance since late 2025.
