Jun 5, 2020

Where’d those 2.5 million jobs come from?

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Today we'll talk with experts and analysts about what to make of the May jobs report and what it says about the changing state of the economy.

Segments From this episode

Economists expected more job losses. The economy added 2.5 million instead.

Jun 5, 2020
Chalk it up to parts of the economy reopening.
A Las Vegas restaurant tells potential patrons that it has reopened for dine-in business. Restaurants generated a healthy portion of May's job gains.
Ethan Miller/Getty Images

"This has been going on for the entire history of this country"

Jun 5, 2020
NYT culture writer Wesley Morris finds profound meaning in song lyrics while processing this American moment.
People in New York City protest police brutality and the death of George Floyd.
Spencer Platt/Getty Images

Did PPP loans spur the jobs recovery?

Jun 5, 2020
Businesses that received CARES Act loans had to rehire workers to have those loans forgiven. But what happens next for America's job market?
President Trump during the Paycheck Protection Program signing ceremony.
Photo by Anna Moneymaker/The New York Times/Pool/Getty Images

Here’s one (of many) numbers in the jobs report that surprised economists

Jun 5, 2020
More sectors of the economy gained jobs than lost jobs in May, Labor Department data shows.
Hulton Archive/Getty Images

Music from the episode

Goat Head Brittany Howard
Puff Lah KAYTRANADA
Brokenfolks Georgia Anne Muldrow
Fu-Gee-La Fugees

The team

Nancy Farghalli Executive Producer
Bridget Bodnar Producer
Daisy Palacios Producer
Sean McHenry Associate Producer
Maria Hollenhorst Associate Producer