12 PM ET: Jobs report breakdown, Jordan’s speaker pitch, Ukraine aid comparisons & more

CNN 5 Things

CNN

News, Daily News

3.7 • 1.3K Ratings

🗓️ 6 October 2023

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

The US economy added way more jobs than expected – we’ll explain why a good jobs report is likely bad news for consumers. Congressman Jim Jordan tells CNN why he's running for House speaker, after securing a key endorsement. CNN ran the numbers to see how US aid to Ukraine stacks up against other countries’ contributions. The Nobel Peace Prize has been awarded to a jailed Iranian activist. Plus, the makers of popular weight loss and diabetes drugs are having to ramp up supply. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This episode is brought to you by Kraken.
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0:21.0	To learn more, don't invest in as you're prepared to lose all the money
0:24.9	you invest. This is a high-risk investment and you should not expect to be protected if something
0:28.9	goes wrong.
0:31.9	Hello from CNN, I'm Chris Debeau with the five things you need to know for Friday, October 6th.
0:38.0	The U.S. economy added almost twice as many jobs than expected last month,
0:42.6	around 336,000.
0:44.9	Compare that to the 170,000 economists predicted,
0:48.2	and it makes sense why Wall Street and economists
0:50.6	are stunned.
0:51.6	Stocks fell when markets opened this morning.
0:53.6	More jobs sounds like a good thing, and it is for people looking for work and for President
0:58.2	Joe Biden. He's taking this report as a win for his economic policies,
1:02.0	even though polling shows the message isn't resonating with Americans.
1:05.2	A good jobs report is likely going to cost you.
1:08.4	CNN's Elizabeth Buckwald explains.
	...

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