That’s basically what Treasury chief Janet Yellen is telling Chinese leaders this week. Plus, wages outpaced inflation last month.
“Marketplace” host Amy Scott talks the March jobs report, what it means for interest rate policy, and more with Jeanna Smialek at the New York Times and Catherine Rampell at the Washington Post for the Weekly Wrap.
That’s good for workers, who have been experiencing positive real wage growth since May 2023.
The booming U.S. economy is giving her leverage on trade as Western economies try to prevent a wave of cheap Chinese goods hitting the market.
Ship crews are used to a life in motion. Now the mostly international workers could be stuck in port for weeks.
The government will route $20 billion through community lenders and nonprofits that are geared to clean energy and climate solutions.
Welders are needed to build and upgrade roads and bridges, energy infrastructure and chip foundries. But the profession has an image problem.