The NPR Politics Podcast US Added Jobs In June—But Now The Pandemic Is Getting Worse
Jul 2, 2020
The podcast dives into the encouraging yet cautious news of nearly five million jobs added, set against the backdrop of a surge in COVID-19 cases. It examines the complex economic implications, including the prolonged impact on furloughed workers and the troubling persistence of unemployment. The discussion highlights the exacerbation of the gender wage gap and the stark racial disparities faced by black Americans. Additionally, the challenges of safely reopening the economy are underscored, along with a mention of a new Spotify workout playlist to keep listeners motivated.
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Jobs Report Uncertainty
- The June jobs report, while positive, reflects mid-June data and doesn't account for recent COVID-19 surges.
- 5 million new jobs are substantial but don't offset the total job losses, and the situation remains uncertain.
Vulnerable Job Gains
- Many job gains are in leisure and hospitality, sectors vulnerable to renewed closures.
- States like Florida, Texas, and California have already re-closed some businesses, impacting those re-employed.
Conflicting Views on Job Growth
- President Trump's optimistic take contrasts with the cautious outlook presented by others.
- He views the job growth as a sign of success, downplaying the ongoing pandemic and its potential economic impacts.