29:14

PlusLive

If the Fed Has Its Way, Unemployment Will Rise

Featuring Andreas Steno Larsen and Maggie Lake

June 03 at 7:00PM • 29 minutes

70

3

Plus

Live

If the Fed Has Its Way, Unemployment Will Rise

A cooling labor market is a logical consequence indeed, it's a goal of any rate-hiking cycle.

Featuring Andreas Steno Larsen and Maggie Lake

June 03 at 7:00PM • 29 minutes

The Bureau of Labor Statistics reported Friday morning that the U.S. economy added 390,000 jobs in May, fewer than the 428,000 in April but ahead of the consensus expectation of 328,000. Unemployment held at 3.6%, while average hourly earnings were up 5.2% year over year and 0.3% month over month. A hot labor market and rising wages are one factor in the inflation data that’s driving a now-hawkish Federal Reserve’s monetary tightening program. Andreas Steno Larsen joins Real Vision’s Maggie Lake with a data-based analysis of the labor market, including what today’s jobs report means for the trajectory of Federal Reserve policy. Show More

Real Vision Live offers Plus and above members the opportunity to interact in real time with experts about all things related to financial markets. Features timely, in-depth analysis on what's driving price action across all asset classes. Nothing is off the table.

More Episodes

Real Vision Live offers Plus and above members the opportunity to interact in real time with experts about all things related to financial markets. Features timely, in-depth analysis on what's driving price action across all asset classes. Nothing is off the table.

More Episodes

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