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PBS News Hour - Full Show

September 1, 2023 - PBS NewsHour full episode

PBS News Hour - Full Show

PBS NewsHour

News, Daily News

4.52.2K Ratings

🗓️ 1 September 2023

⏱️ 53 minutes

🧾️ Download transcript

Summary

Friday on the NewsHour, the new jobs report shows hiring is slowing, but so is inflation. We look at what the economic data signals for American workers. As a Texas law banning gender-affirming care for transgender children takes effect, families grapple with the potential consequences. Plus, we explore a district that lengthened the school year to deal with learning loss. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

Transcript

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0:00.0

Today's jobs report shows hiring is slowing, but so is inflation, with the latest economic

0:16.4

data signals for American workers.

0:19.2

As a Texas law banning gender-affirming care for transgender children takes effect, families

0:24.5

grapple with the potential consequences.

0:27.6

The district seek new ways to deal with pandemic learning loss, one potential solution, lengthening

0:33.6

to school year.

0:35.8

In this once-in-a-century moment, we need once-in-a-century responses.

0:53.9

Welcome to the NewsHour.

0:55.4

We get the latest snapshot of the U.S. economy today in the August jobs numbers.

0:59.9

They portray a healthy labor market that's steadily growing, though there are signs of

1:03.8

cooling in the face of the Federal Reserve's higher interest rates.

1:07.8

Employers added 187,000 jobs in August, while the unemployment rate ticked up from 3.5%

1:14.7

to 3.8, a sign that more Americans are looking for work.

1:19.0

In addition, downward revisions to June and July numbers put the average monthly job gain

1:24.4

over the last three months at a relatively modest 150,000 down from an average of 238,000

1:31.8

from March through May.

1:33.6

At the White House, President Biden hailed the 32nd consecutive month of job growth.

1:39.4

More than 700,000 people join the labor force last month, which means the highest share

1:45.5

of working-age Americans are in the workforce now than at any time in the past 20 years.

1:53.3

People are coming off the sidelines, getting back to their workplaces, and the lowest unemployment

1:59.0

rate in 70 years for America's women.

2:03.8

But at today's report to earlier economic data, you get a complex picture of the current

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