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Does unemployment whiplash mean recession?

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Manage episode 443577713 series 2504996
Content provided by NPR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NPR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
It's Jobs Friday! It's that time of the month where we check in on the American worker.
In September, 254,000 jobs were added to the US economy and the unemployment rate ticked down very slightly to 4.1%. It's unexpectedly strong, and relieving news for workers after a pretty lackluster summer.
But ... given how the labor market cooled over summer, is the labor market still on thin ice? And if there were to be a plummet in jobs, could anything be done to speed up the recovery?
Today on the show: How it's easier to break the economy than to fix it, and whether we can escape from the patterns of the past.
Related Episodes:
The Sahm Rule With The Eponymous Economist
How much would you do this job for? And other indicators
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
  continue reading

1666 episodes

Artwork
iconShare
 
Manage episode 443577713 series 2504996
Content provided by NPR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NPR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
It's Jobs Friday! It's that time of the month where we check in on the American worker.
In September, 254,000 jobs were added to the US economy and the unemployment rate ticked down very slightly to 4.1%. It's unexpectedly strong, and relieving news for workers after a pretty lackluster summer.
But ... given how the labor market cooled over summer, is the labor market still on thin ice? And if there were to be a plummet in jobs, could anything be done to speed up the recovery?
Today on the show: How it's easier to break the economy than to fix it, and whether we can escape from the patterns of the past.
Related Episodes:
The Sahm Rule With The Eponymous Economist
How much would you do this job for? And other indicators
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
  continue reading

1666 episodes

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