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More Jobs, Bigger Paychecks... And The Risk Of Recession?

The NPR Politics Podcast

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Economic Pulse: Jobs and Inflation Insights

This chapter examines the latest U.S. job market report, where 428,000 jobs were added in April, particularly in leisure and manufacturing. Despite this growth, concerns arise over wage increases surpassing inflation, leading to Federal Reserve interest rate hikes and mixed market reactions. The discussion also reflects on how these economic trends influence public sentiment and political dynamics as midterm elections approach.

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