#LancasterCountyReport: Hiring reains strong.Jim McTague, former Washington Editor, Barrons. @MCTagueJ. Author of the "Martin and Twyla Boundary Series." #FriendsofHistoryDebatingSociety
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 4 May 2024
⏱️ 10 minutes
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#LancasterCountyReport: Hiring remains strong .Jim McTague, former Washington Editor, Barrons. @MCTagueJ. Author of the "Martin and Twyla Boundary Series." #FriendsofHistoryDebatingSociety
https://www.wsj.com/economy/jobs/jobs-report-april-unemployment-a8a1ac1a?mod=hp_lead_pos1
1945 Lancaster county
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| 0:00.0 | Have you ever felt like escaping to your own desert island? |
| 0:04.0 | Jane Gaskin did exactly that, trading in the family home to begin a new life in the |
| 0:09.1 | tropics. |
| 0:10.1 | But she soon discovers that Paradise has its secrets. |
| 0:13.4 | I'm Alice Levine, and this is the price of Paradise, |
| 0:18.0 | the island dream that ends in kidnap, corruption, and murder. |
| 0:23.0 | Wish you were here. |
| 0:24.0 | Follow the price of Paradise Now, wherever you listen to podcasts. |
| 0:28.0 | This is CBS I in the world. I'm John Bachelor. The American economy, I go to Lancaster |
| 0:36.7 | County, Pennsylvania, the best county and the best state of the Union, the Keystone State, the one that |
| 0:41.8 | will decide this election and every other election as far as I can see. |
| 0:46.7 | The American economy also decides how we vote and the news from Wall Street this is an upside-down world the news from |
| 0:55.1 | Wall Street is good news because of bad news jobs data boost hopes of a late |
| 1:00.4 | summer rate cut job growth growth slow to 175,000 reached the subhead. Unemployment ticked |
| 1:08.3 | higher to 3.9%, marking a break from a string of data showing surprising strength in the labor market. |
| 1:15.3 | Wages also rose less than anticipated. |
| 1:18.3 | I go to Jim McTague, former Washington editor of Barons, who understands bad news is good news and |
| 1:25.2 | also understands that the jobs market has been very strong for example he visits |
| 1:30.9 | a college that is Stevens where they turn out nothing but laborers in specialty skills like welding. |
| 1:39.0 | That jobs market is high demand. So Jim, how do we put the demand for welders together with this so-called |
| 1:46.7 | cooling number of 175,000? Good evening to you. Good evening, John. I think investors are crazy. This report is an |
| 1:56.1 | outlier. The reason is I think the season we're in. It's April. |
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