Why the new jobs report showed far fewer jobs than expected
Clip: 5/7/2021 | 8m 58sVideo has Closed Captions
Why the latest jobs report was disappointing, and what it means for the economy
With millions of people still out of work during the pandemic, Friday's mediocre jobs report puzzled many analysts who expected hundreds of thousands more new jobs. Lisa Desjardins discusses its implications with Ellen Hughes Cromwick, a former chief economist at the commerce department during the Obama administration, and Michael Strain, an economist with the American Enterprise Institute.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Why the new jobs report showed far fewer jobs than expected
Clip: 5/7/2021 | 8m 58sVideo has Closed Captions
With millions of people still out of work during the pandemic, Friday's mediocre jobs report puzzled many analysts who expected hundreds of thousands more new jobs. Lisa Desjardins discusses its implications with Ellen Hughes Cromwick, a former chief economist at the commerce department during the Obama administration, and Michael Strain, an economist with the American Enterprise Institute.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...