700,000 People Just Lost Their Job... What’s Next for the Economy?

In a compelling discussion, economist Steve Van Metre dives into the recent loss of 700,000 jobs and its implications for the U.S. economy. He highlights the alarming rise in unemployment rates, emphasizing that the true figures are much worse than reported. The conversation also probes the disconnect between corporate hiring trends and consumer spending, revealing how job scarcity affects economic contributions. Lastly, Van Metre addresses the persistent challenges in the labor market, even amid post-election optimism about a recovery.