What have you always wondered about the economy? Tell us

Private sector job gains and the Fed’s next move

David Brancaccio Jun 5, 2013
HTML EMBED:
COPY

Private sector job gains and the Fed’s next move

David Brancaccio Jun 5, 2013
HTML EMBED:
COPY

Payroll processing company ADP reported this morning that 135,000 private sector jobs were added last month. The latest figures, which come just two days before the official monthly jobs report from the Labor Department, fall below analyst expectations.

Mark Luschini, chief investment strategist at Janney Montgomery Scott, joins Marketplace Morning Report host David Brancaccio to explain the dip in job gains and what it means for the Federal Reserve’s stimulus policy.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.