Most economists expected something like 1 million new jobs in April. Instead, there were 266,000 added — which isn’t going to make much of a dent in recovering the 8...
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Latest Episodes:
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Making sense of a disappointing jobs report -
What’s driving the labor shortage?We got some signs that the job market is improving: Initial claims for state unemployment benefits last week fell under half a million for the first time since the pandemic... Read more
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Who has leverage in the labor market?Friday’s jobs report marks one year since the release of one of the worst jobs reports in U.S. history; the economy had lost 20 million jobs in a single month.... Read more
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“I think I really began to question what is living”The pandemic prompted a lot of people to think about their values and identities, and that includes what they do for a living. According to Prudential’s Pulse of the American... Read more
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The low-hanging fruit on Biden’s climate agendaPresident Joe Biden has made dealing with climate change a top priority of his administration. While Congress and the White House hammer out the way that shows up in the... Read more
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It could take quite a while for the labor market to recover from COVIDThe economic recovery is showing up in a big way: GDP is nearly back to pre-pandemic levels, and consumer confidence is improving as more Americans are vaccinated. There’s been a... Read more
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Do we really want to get back to a pre-pandemic economy?The Commerce Department announced Thursday that in the first quarter of 2021 gross domestic product grew at an annualized rate of 6.4%. That’s within 1% of pre-pandemic GDP. It’s easy... Read more
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Pent-up demand for a vacationIn a recent survey from the U.S. Travel Association, almost two-thirds of Americans said they “desperately” needed a vacation after the last year, and with vaccinations and accumulated paid time... Read more
