Jobs report warning signs
Paltry job creation was the headline item in the latest jobs report. But dig a little deeper, and warning signs show up all over: long-term unemployment, Black unemployment and Hispanic unemployment all rose in August. In this episode, why those stats could be proverbial canaries in the coal mine of the broader labor market. Plus: Industrial warehouse demand is down and a shipworker shortage could thwart Trump’s goal of reviving the commercial shipping industry.
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