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The Brian Lehrer Show

Jobs, Trade & Politics

The Brian Lehrer Show

WNYC

York, News, Politics, Radio, Arts, News Commentary, Public, Lerer, Media, Wnyc, Bryan, Daily News, New, Nyc, Npr

4.61.5K Ratings

🗓️ 8 April 2024

⏱️ 34 minutes

🧾️ Download transcript

Summary

Megan Cassella, CNBC Washington correspondent, talks about Friday's jobs report, Treasury Sec. Yellen's trip to China, and other national political and economic news.

Transcript

Click on a timestamp to play from that location

0:00.0

Ryan Lear on WNYC we'll talk about the U.S. economy now and connected to the presidential election year.

0:17.0

The economy in most elections is issue number one and in case you missed it, the jobs report for March came out on Friday and once again

0:24.8

exceeded economists expectations with a net gain of more than 303,000 jobs so we

0:31.2

have headlines like these from the AP another month of robust US job growth points to continued economic strength from Axios.

0:40.0

The March jobs report was as good as it gets.

0:42.8

Here's why.

0:43.8

And the first reason that they gave

0:45.2

is that unemployment has remained below 4% for 26 months

0:50.3

from NPR.

0:51.4

Construction hiring boomsoms in overall strong jobs report.

0:56.0

The lead line in the Wall Street Journal story was,

0:59.0

the US economy is rapidly adding jobs,

1:02.0

but not in a very inflationary way.

1:05.0

And from ABC, hinting at the political connection,

1:09.0

blockbuster jobs report flexes economic strength,

1:12.0

defying Americans' lukewarm attitudes.

1:15.8

So those are some representative headlines from Friday.

1:18.5

Of course, those lukewarm attitudes tend to be connected to inflation and interest

1:22.4

rates, even as people have jobs get

1:24.8

paid and are spending quite a bit according to stats from the government.

1:29.8

So let's try to figure out what it all means economically and politically with Megan

1:35.3

Kosella, C. NBC correspondent covering the intersection of Wall Street and

...

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