logo
episode-header-image
Apr 2022
16m 13s

Tom Perez: What Excites Me is the Job Ma...

WHARTON BUSINESS DAILY
About this episode
Former U.S. Secretary of Labor Tom Perez talks to Dan Loney about the latest jobs report, why we're on pace to recover much faster than we did after the Great Recession, and why workers have all of the leverage.

Hosted on Acast. See acast.com/privacy for more information.

Up next
Yesterday
How Advertising Could Reshape ChatGPT and Digital Marketing
Stefano Puntoni, Wharton Professor of Marketing and Co-Director of the Wharton Human-AI Research Program, discusses OpenAI’s move toward advertising, its implications for monetization, consumer experience, and the future of digital advertising. Hosted on Acast. See acast.com/priv ... Show More
13 m
Jan 30
What the Fed’s Pause Signals for Economy and Markets
Jeremy Siegel, Wharton Emeritus Professor of Finance and Senior Economist at WisdomTree, analyzes the Federal Reserve’s decision to hold rates, the significance of dissenting votes, the outlook for future cuts, shifting market leadership, and how AI-driven productivity may shape ... Show More
11m 42s
Jan 28
Why Interest Rates Can’t Fix Deeper Economic Problems
Patrick T. Harker, former President of the Federal Reserve Bank of Philadelphia and current Wharton Professor of Operations, Information, and Decisions, draws on his experience to discuss why monetary policy has clear limits, the need for political follow-through on fiscal and wo ... Show More
11m 21s
Recommended Episodes
Sep 2015
The U.S. Economy's Silent Menace
<p>(Bloomberg) -- Every week, hosts Tori Stilwell, Dan Moss, and Aki Ito bring you a jargon-free dive into the stories that drive the global economy. In this episode, the team enlists Brookings senior fellow Barry Bosworth to discuss productivity. Productivity growth has come to ... Show More
18m 47s
Apr 2025
US Labor Secretary Talks Jobs Report
US Labor Secretary Lori Chavez-DeRemer, confirmed just last month, speaks to Bloomberg minutes after learning that nonfarm payrolls rose by 228,000 in March easily beating the estimate of 140,000. She says this won't be the last positive jobs report under President Donald Trump a ... Show More
6m 48s
Sep 2025
The mystery of the vanishing jobs
The annual jobs numbers are in. And they have been revised down by 911,000 positions. But in a quickly changing economy, with many laborers literally leaving the country, what does that mean? Today on the show, Rob Armstrong and Aiden Reiter discuss the new landscape of employmen ... Show More
20m 44s
Sep 2025
Business Rundown: Is the Job Market Really as Bleak as the Fed Thinks?
When announcing interest rate cuts earlier this month, Federal Reserve Chair Jerome Powell expressed concerns about the labor market, following major downward revisions to job growth data. But is the US Employment picture as bleak as the Fed sees it? Markets get a clearer view on ... Show More
20m 25s
Jul 2024
US Economy Grew Faster Than Expected Last Quarter on Firm Demand
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News International Economics & Policy Correspondent Mike McKee and Bloomberg News Rates Reporter Michael Mackenzie discuss US economic growth accelerating by more than forecast in the second quarter, ... Show More
40m 7s
Sep 2024
Immigration and unemployment
<p>When discussing the economy after the interest rate cuts last week, chair of the US Federal Reserve Jay Powell made an interesting comment about jobs numbers and immigration. “If you are having millions of people come into the labour force, and you are creating 100,000 jobs, y ... Show More
19m 8s
Apr 2025
Tariff Fears Weigh on Tech Plans, Trumps Signals TikTok Deal Close
Bloomberg’s Caroline Hyde discusses why one of Wall Street’s most bearish Tesla analysts has further reduced estimates for the company’s earnings. Plus, Gil Luria, managing director of D.A. Davidson explains what levers Apple could use to cope with tariffs. And MikMak CEO Rachel ... Show More
22m 1s
Aug 2019
U.S. Economy: Is a Long Shallow Recession on the Way?
Wharton’s Jeremy Siegel and David Rosenberg of Gluskin Sheff expect the Fed to cut interest rates in the coming year as the latest GDP report reveals some troubling trends. But they disagree on whether the slowdown will lead to a recession.<hr><p style='color:grey; font-size:0.75 ... Show More
28m 39s
Nov 2024
A jobs report that doesn’t say much about the labor market
Today’s jobs report featured a shockingly small number of new hires with just around 12,000 jobs added. However, as FHN Financial’s Christopher Low explains, these dismal figures have more to do with recent extreme weather events and the ongoing strike at Boeing. Plus, we look at ... Show More
8m 31s