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PBS News Hour - Full Show

May 2, 2025 – PBS News Hour full episode

PBS News Hour - Full Show

PBS NewsHour

News, Daily News

4.42.1K Ratings

🗓️ 2 May 2025

⏱️ 53 minutes

🧾️ Download transcript

Summary

Friday on the News Hour, the jobs market again defies expectations despite fears that tariffs could soon spur an economic downturn. As President Trump signs an executive order to cut federal funding for PBS and NPR, a legal fight lies ahead. Plus, we speak with Yemen's vice foreign minister as the U.S. extends its military campaigns against Houthi rebels. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Transcript

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0:00.0

Good evening. I'm Amna Nawaz. Jeff Bennett is on assignment. On the news hour tonight,

0:09.6

the jobs market once again defies expectations despite fears that tariffs could soon spur an economic downturn.

0:17.9

President Trump signs an executive order to cut federal funding for PBS and NPR,

0:23.6

the legal fight that lies ahead. Plus, as the U.S. extends its military campaign to stop

0:30.1

Houthi rebels from attacking ships in the Red Sea, Yemen's Vice Foreign Minister comes to

0:35.4

Washington to seek more support for his nation's broader fight.

0:39.5

I came here with many questions, and I'll be leaving with more of them.

0:57.6

Welcome to the NewsHour.

1:03.8

The U.S. labor market beat expectations last month, adding 177,000 jobs.

1:06.9

The unemployment rate held steady at 4.2%. But the April jobs number was lower than the March tally,

1:10.5

and some economists are concerned that cracks in the economy are beginning to show as the effects of President Trump's tariffs become clearer.

1:18.5

To parse, the latest report were joined by Julia Coronado, president and founder of macro policy perspectives.

1:24.6

That's an independent economic research and consulting firm.

1:28.6

She's also a professor at the McComb School of Business at the University of Texas at Austin. Julia, welcome back to the

1:34.0

NewsHour. So a stronger than expected jobs report here, what does that say to you about how employers

1:39.5

are viewing these tariffs and trade wars.

1:45.0

So you're right.

1:46.0

It's a still healthy job market.

1:48.0

We had a solid number of job gains for April.

1:52.0

We did see a few warning signs.

1:54.0

So we saw some downward revisions to the job gains of prior months.

1:58.0

And we also know that the federal job cuts that have been announced

...

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