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Jun 3, 2022

When economic recovery meets economic slowdown

Pinning down what a full recovery looks like can get tricky when the Federal Reserve puts the brakes on the economy. Plus, what do you get a queen who already has everything?

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NEW YORK, NEW YORK - JUNE 03: People walk by the New York Stock Exchange (NYSE) at the start of the trading day on June 03, 2022 in New York City. A new jobs report released by the Labor Department this morning shows employers added 390,000 jobs in May. Stocks pointed lower ahead of the opening bell on Friday, putting indexes back into the red for the week.
Spencer Platt/Getty Images

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Segments From This Episode

The Weekly Wrap
Kai is joined by the Washington Post’s Catherine Rampell and Politico’s Kate Davidson to chat about the jobs report, wage increases, inflation and more of this week’s economic news.
Millions have joined the labor force in the past year
by Sabri Ben-Achour
Olivier Douliery/AFP via Getty Images
About 3.5 million more people were working or looking for work in May than a year earlier. Economists hope the number keeps rising.
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Wages are still growing in many sectors that need that growth
by Lily Jamali
Mark Makela/Getty Images
That may be a sign that the overheated job market is cooling down.
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Elizabeth line: London’s new train that’s fit for a queen
by Victoria Craig
Andrew Matthews/Pool/AFP via Getty Images
The train line, honoring the monarch’s Platinum Jubilee, was overbudget and behind schedule. But it’s also shortening travel times.
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