Planet Money

Predictions: Jobs!

May 19, 2023

In this exciting prediction showdown, economic forecasters reveal their insights on job growth, housing prices, and inflation trends. With surprising job creation on the docket, they navigate the complexities of the fluctuating economy, while engaging in lighthearted banter. Amidst discussions on the looming recession and tight labor market influenced by retirements and immigration, they project an optimistic view on inflation decreasing. It's a spirited competition where accuracy and humor collide as they make bold predictions for the future!

20:45

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Episode notes

Intro

2min

Economic Forecasting Showdown

6min

The Challenge of Job Predictions and Accuracy Celebration

2min

Navigating Economic Uncertainty: Reflections and Predictions

2min

Inflation Insights and Economic Forecasts

6min

Navigating Economic Predictions: Growth Amidst Sectoral Recessions

3min

It's time for another installment of ... Planet Money Predictions! *air horn*

Last year, we invited two economic forecasters to tell us what they saw coming for jobs, the housing market, and inflation. And now they're back. Which means it's time to find out whose predictions were more on the money, and send the victor to the next round, where they face off against a new forecasting phenom.

Since our last game, housing and inflation have cooled, but the job market keeps going strong. And the possibility of a recession still looms large. Our forecasters tell us what they see in the economy now, and what they expect in the months ahead.

This episode was produced by James Sneed. It was engineered by Katherine Silva. It was fact-checked by Sierra Juarez and edited by Molly Messick. Jess Jiang is our acting executive producer.

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