EPISODE · May 5, 2023 · 45 MIN
An unexpected, blockbuster jobs report
from CNN Inside Politics · host CNN Podcasts
The US added 253,000 jobs last month, far exceeding expectations. Unemployment, meanwhile, remains at a 50-year low. And Black unemployment is at its lowest-ever level. The Fed suggested this week it might be done with interest rate hikes. But do these robust job numbers, following a three-month downward trend, threaten to undermine the Fed's efforts to cool the economy and tame inflation? To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices
What this episode covers
The US added 253,000 jobs last month, far exceeding expectations. Unemployment, meanwhile, remains at a 50-year low. And Black unemployment is at its lowest-ever level. The Fed suggested this week it might be done with interest rate hikes. But do these robust job numbers, following a three-month downward trend, threaten to undermine the Fed's efforts to cool the economy and tame inflation? To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices
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An unexpected, blockbuster jobs report
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