logo
episode-header-image
Oct 2023
50m 18s

US Labour market: what's behind unexpect...

Bbc World Service
About this episode
Employers added 336,000 jobs in September, almost double the 170,000 estimated, according to figures released by the Labor Department. Great news if you're looking for work there, of course, but if you're in the Federal Reserve, America's central bank, and worried about the economy overheating, maybe not so good. (Picture: Portrait of smiling waitress carry ... Show More
Up next
May 2025
Trump suggests China tariffs will fall
President Trump says tariffs on China “will not be anywhere near 145%” but won’t be removed all together. It follows US Treasury Secretary Scott Bessent saying he expected a ‘de escalation’ in US China tariffs.The International Monetary Fund has revised its global growth forecast ... Show More
53m 26s
Apr 2025
Traders on tenterhooks over new tariffs
As some of the World's largest economies get ready to face new tariffs, we find out what a battle on levy's could mean for the global economy.We hear from a Gulf Coast business feeling positive about the charges, and the predicament of a Californian retailer reliant on imports.El ... Show More
49m 27s
Apr 2025
Making sense of a turbulent time for the markets
We speak to experts in the world's two largest economies - the USA and China - about the impact of a tariff war, and whether stock markets around the globe will continue to fall as we saw on Monday. Rahul Tandon speaks to a footwear designer in California on how any international ... Show More
49m 30s
Recommended Episodes
Oct 2023
US Labour market: what's behind unexpected growth?
Employers added 336,000 jobs in September, almost double the 170,000 estimated, according to figures released by the Labor Department. Great news if you're looking for work there, of course, but if you're in the Federal Reserve, America's central bank, and worried about the econo ... Show More
27m 11s
Jun 2024
What’s really going on in the US jobs market?
President Biden has claimed the US economy is the ‘envy of the world’ and that his administration has added record job numbers, with around one million people hired since the turn of this year.With inflation falling and the possibility of the Federal Reserve cutting interest rate ... Show More
17m 28s
Nov 2022
Labor: Are People Returning to Work?
<p>As developed markets heal from the pandemic, labor force participation has recovered in some areas faster than others, so how will a return to work impact the broader economy in places like the U.K. and the U.S.? U.S. Economist Julian Richers and European Economist Markus Guet ... Show More
4m 57s
Feb 2023
Strange Jobs Report
<p>You can't make this stuff up. On today's show we are taking a deeper look at the incredibly strong January jobs report that 517,000 jobs were created in the month of January in the US.&nbsp;</p> <p>The report was at odds with the daily reports of layoffs in multiple industries ... Show More
6m 37s
Jul 2023
Why Is Unemployment So Low?
<p>On this podcast we keep trying to make sense out of this economy. It is confusing and there are numerous contradictory signals. </p> <p>On today’s show we are taking a look at why there appears to be a labor shortage. We keep hearing about the so-called labor shortage and poli ... Show More
5m 58s
Aug 2023
China's rising youth unemployment: Part 1
Is trouble brewing for the world’s second largest economy? China’s exports are down, the property market’s creaking, and millions of young people - more than one in five - are officially classed as unemployed. It's not just the lack of jobs, it's the quality of employment that's ... Show More
18m 20s
Jul 2023
Jobs report: labour market softens, but not yet weak
Canada’s unemployment rate rose in June, despite a significant increase in the number of jobs. What impact will this mixed data have on the Bank of Canada as it gives its latest decision on interest rates? This episode, Chief Economist Eric Lascelles discusses what’s new in Canad ... Show More
30m 22s
Jul 2023
How to read all the new jobs data coming in
A lot of people are anxiously waiting for tomorrow’s June jobs report. Especially the Federal Reserve. But today we got a lot of confounding, contradictory indicators moving up and down and all around this tight labor market. We’ll tell you everything you need to know. Plus: A lo ... Show More
28m 16s