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April Adds 115K Jobs; Trump Urges Fed Rate Cut

6/2/2026

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Story summary
  • April added 115,000 jobs, raising Q1 GDP to 1.6 percent and keeping unemployment at 4.3 percent.
  • Job openings rose to 7.6 million in April, the highest level since May 2024.
  • Quits fell to just under 3 million, the lowest count since August 2020.
  • President Donald Trump urged the Federal Reserve (Fed) to lower interest rates as oil prices topped $90 per barrel and inflation moved toward 3.8 percent.