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We spoke to experts to learn how Trump's tariffs will affect mortgage rates and the housing market.
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The gain was stronger than expected, though the impact of President Trump's tariffs and other policies on the labor market has yet to play out.
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Stock market today: Dow plunges 2,200 points, Nasdaq enters bear market as Trump tariffs spark worst meltdown since 2020 Yahoo FinanceTrump's self-inflicted tariff crisis sparks confusion, chaos and questions of competence CNNTrump bets 'beautiful' tariffs will boost US economy amid global recession fears India Today
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It's Jobs Friday and all eyes are on government workers. Will the Trump administration's layoffs finally show up in the latest jobs report? Today on the show, we look at the numbers for federal workers and who's trying to hire them.
Related listening:
Can ... we still trust the monthly jobs report (Apple / Spotify)
The last time we shrank the federal workforce (Apple / Spotify)
A 'Fork in the Road' for federal employees (Apple / Spotify)
How local government is propping up the U.S. labor market
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Fears that President Trump's tariffs could slash global economic growth — and demand for oil — are weighing on the market.
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