The latest mixed signals on the economy.
Tangle
Isaac Saul
4.8 • 672 Ratings
🗓️ 11 April 2024
⏱️ 32 minutes
🧾️ Download transcript
Summary
The economy. In the last week, the government made two big announcements on the economy. First, on Friday, the Department of Labor reported that the economy added 303,000 jobs in March, though full-time unemployment decreased slightly. The total jobs added far surpassed economists' predictions that roughly 200,000 jobs would be added. Additionally, unemployment held steady at 3.8%, continuing the labor market’s hot hiring streak.
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Transcript
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| 0:35.2 | From executive producer Isaac Saul, this is Tangle. |
| 0:40.7 | This is Tangle. |
| 0:55.5 | Good morning, good afternoon and good evening, and welcome to the Tangle podcast, the place we get views from across the political spectrum, some independent thinking, and a little bit of my take. |
| 1:00.7 | I'm your host, Isaac Saul, and on today's episode, we're going to be talking about the economy. |
| 1:05.6 | We got two bits of pretty big news this week. We got a new jobs report, and we also got some new |
| 1:13.3 | inflation numbers a few days apart. So we're going to dive into what we learn from those new |
| 1:19.6 | reports and some of the reactions to them. Got a couple things to tackle at the top of the show, |
| 1:24.8 | though, before we jump in. First of all, we have a correction, |
| 1:28.5 | a rather silly one, but a correction nonetheless. Yesterday, in our quick hit section, |
| 1:33.9 | and I wrote this. So sometimes I can blame this on editors or people on the staff, and sometimes |
| 1:39.7 | it's my fault. This one was definitely my fault, though no editors caught it, but it was my fault. |
| 2:02.0 | We referred to the European Union Court of Human Rights in a quick hit about this climate change ruling. No court exists. That is called the European Union Court of Human Rights. The court is called the European Court of Human Rights, not the European Union Court of Human Rights. |
| 2:09.0 | There's a separate court called the Court of Justice of the European Union, which does exist. |
| 2:11.3 | But, yeah, Europe is confusing. |
| 2:15.7 | This is why we cover U.S. politics and typically stick to U.S. politics. |
| 2:19.3 | So I apologize for the error. It is our 105th correction in Tangles 244-week history. And our first correction since Friday, April 5th, that was last |
| 2:25.4 | week, typically don't love it when we have two corrections in a week. It's not that common, |
... |
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