SUMMARY: Workers, jobs and wages are central to the ongoing trade war between the U.S. and China, in which the two countries have exchanged tariffs and threats recently. Though many Americans fear that they will be the ones to pay the price for the friction, Judy Woodruff talks to James Hoffa Jr. president of the International Brotherhood of Teamsters, about why he thinks the tariffs are a “good idea.”
SUMMARY: More than 300,000 jobs were created in December, doubling what was expected and signaling that the U.S. economy remains stable despite the recent market volatility and political tensions. In addition, wage growth was the highest it’s been in a decade. Amna Nawaz speaks with Mark Zandi, chief economist at Moody’s Analytics, for more on why this report contained “nothing but good news.”
SUMMARY: Federal Reserve Chairman Jay Powell discusses the state of the economy, bigger changes in the job market and why wages haven’t caught up with other economic trends in a conversation with Judy Woodruff. At the Atlantic Ideas Festival, Powell also explained why he supports “gradually” increasing interest rates and how the strong economy hasn’t reached every American.
