Fox News and Fox Business personalities gushed over the April jobs report from the Bureau of Labor Statistics, which beat expectations by showing an increase of 177,000 jobs last month while the unemployment rate remained unchanged at 4.2 percent. However, the jobs estimates for both February and March were revised down by a total of 58,000 jobs, and economists explained that the April report does not yet reflect the economic damage of President Donald Trump’s tariff policies.
The downward revisions contained in today’s release represent significant changes from initial estimates, which are always revised twice by the BLS before they are considered final. The April report also marked the third consecutive month that initial jobs estimates were revised down. Preliminary jobs reports for January (143,000 initial vs. 111,000 final), February (151,000 initial vs. 102,000 final), and March (228,000 initial vs. 185,000 revised) were all revised down as the Labor Department collected more survey data for each month. The April report — which, like last month’s, seems at first to exceed expectations — will be subject to the same revisions process.
Fox’s enthusiasm for the report stands in stark contrast to the network’s conspiracy theorizing over downward revisions to monthly jobs reports made during the Biden administration. And it’s not the first time the network has abandoned its conspiracy fixations with regard to monthly jobs data. Fox performed the same heel turn in the first few months of Trump’s first term in office.