The labor market data isn't giving us a very good stear. But people don't seem to understand what's going on. The spase and composition effect, there's a couple of measures. Tobe alook at total compensation. That's up by one point nine %. On the last month it's flatnd if you go to hourly earni yu an, the current population survey,. that's down one point two %. Sofrillnessi geny dosn las. And in the confence spood, they say women say, specially, that they're very fearful of going back to work. i think their spending pounds are going to change.
Peter Quigley, President and CEO of Kelly, discusses the jobs September report and employment trends. Bloomberg News U.S. Health Care Reporter Riley Griffin explains how Merck’s Covid pill faces a risk that the virus could outsmart it. Bloomberg News Financial Investigations Reporter Caleb Melby shares his Businessweek Magazine story New York’s Real Estate Tax Breaks Are Now a Rich-Kid Loophole. Dartmouth Professor of Economics Danny Blanchflower talks about seeing a U.S. recession if the history of consumer sentiment repeats. Eric Ervin, CIO at Onramp Invest, breaks down understanding and owning cryptocurrencies. And we Drive to the Close with Alan Lancz, Research Director at www.LanczGlobal.com.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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