<ul><li>Total nonfarm payroll rose by 177,000 jobs in April, with unemployment at 4.2% amidst a shrinking GDP.</li><li>Economists are concerned about the future impact of a contracting economy on the labor market following the recent job report.</li><li>There are uncertainties about the influence of tariffs on employers, with expectations that May results may offer more insights.</li><li>The current low firing and hiring trend may not be sustainable, potentially leading to worker burnout and increased competition in the job market.</li></ul>

April jobs report remains strong — but economists see Trump impact looming

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