Money News: What the Jobs Report and Recent Layoffs Mean for You

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 7 December 2022

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The job market is strong — but thousands of workers have been laid off in recent months. So, what’s happening? And what does this mean for the labor market in 2023? In this episode, Sean Pyles and Anna Helhoski talk about the latest jobs report with NerdWallet data writer Liz Renter, including why the job market is so weird right now and what it means for you. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Prime Video brings thrilling entertainment.
0:03.0	Watch Heavyweight Detective Breacher, Season 3 included with Prime.
0:07.0	Exactly how much danger is this job putting me in.
0:10.0	Treat yourself to the lovably chaotic Bridget Jones mad about the boy available to buy.
0:15.0	Did you have sex? Did you have sex?
0:17.0	Did you have sex last night?
0:19.0	Yes! And it was amazing!
0:23.0	Whatever you're into, it's right here.
0:25.3	Prime Video.
0:27.1	Click or tap the banner to find out more.
0:35.3	Welcome to the NerdBallet Smart Money Podcast, where you send us to our money questions,
0:39.2	and we answer them with the help of our genius nerds. I'm Sean Piles.
0:42.9	And I'm Anna Hilhouski. To contact the nerds, call or text us on the nerd hotline at 901-730-6373.
0:51.6	That's 901-730 Nerd. Or email us at podcast at nerdwollet.com. If you like what you hear, follow us wherever you get your podcast. Also, please leave us a review and tell your friends.
1:04.7	In this money news episode of Smart Money, Anna and I talk about the new jobs report and what it might mean for the job market in
1:11.3	2023, aka whether we should all be worried about more layoffs in the new year.
1:16.6	And joining us in this conversation is NerdWallad data writer Liz Renter.
1:20.9	Welcome back to Smart Money, Liz.
1:22.5	Hey, Sean. Hey, Anna. How's it going? I'm happy to be back.
1:25.2	Always so good to talk with you. Great.
1:27.0	So Liz, a big part of your job is telling a story from data. What story are you seeing in the numbers?
1:34.8	Well, I think some mixed signals. And I think that's the case when you look at any big data release from these government agencies is there's going to be some things pointing one direction
	...

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