NPR News: 05-02-2025 12PM EDT

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2025-05-03

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  • Tariffs, recessions, how Colombian drug cartels gave us blueberries all year long.

  • That's the kind of thing the Planet Money podcast explains.

  • I'm Sarah Gonzalez, and on Planet Money,

  • we help you understand the economy and how things all around you came to be the way they are.

  • Para que sepas, so you know.

  • Listen to the Planet Money podcast from NPR.

  • Live from NPR News, I'm Lakshmi Singh.

  • The government's latest big jobs report shows a cooling but resilient market against the backdrop of trade wars and government-wide cuts.

  • The Labor Department says the U.S. economy gained 177,000 jobs in April.

  • That's fewer than the downwardly revised 185,000 jobs created the month before.

  • The unemployment rate in April held steady at 4.2 percent.

  • As we begin to wind down a week of assessments about the first 100 days of Trump 2.0,

  • we're hearing from voters in the blue state of Colorado.

  • Colorado Public Radio's Benta Birkeland reports some Republicans are applauding the aggressive pace of the changes President Trump's ordered so far.

  • Frank Virginia is a retired small business owner and lives in the foothills west of Denver.

  • The Republican voted for Trump.

  • He's pleased with the administration's immigration crackdown and efforts to cut government spending.

  • And he's OK with the tariffs, despite the turmoil.

  • But he is concerned about the stock market.

  • But at this point in the process,