Amy Glaser, Bill Pulte, and Katie Thomas discuss June job trends, housing market impact, and consumer sentiment. Topics include skills matching, housing affordability, and July 4th spending habits.
Employment landscape shows strong job openings with a skills gap in manufacturing.
Housing market faces affordability challenges due to high mortgage rates.
Deep dives
Kroger Brand: Quality at Lower Prices
Kroger brand products offer proven quality at affordable prices, ensuring customer satisfaction. They guarantee a delicious taste that will make you feel like a winner or your money back, making them a great choice for families.
Employment Outlook: Job Openings and Skills Matching
The employment landscape indicates strong job openings compared to job seekers, signaling a potential normalization post-pandemic. Career opportunities in professional services, healthcare, and technology are growing, especially for college graduates. However, a persistent skills gap exists in manufacturing and skilled trades, requiring attention for future career paths.
Housing Market Trends and Affordability Challenges
The housing market faces challenges in affordability due to high mortgage rates and land costs. While lumber prices have eased, inflation remains a concern, impacting the costs of labor and materials. Efforts to address affordability issues involve zoning regulations and local initiatives to increase housing supply and manage rising prices.
Consumer Spending Insights and Market Trends
Consumers exhibit a mix of frugality and spending, with a focus on seeking value in purchases post-inflation. Holiday spending, particularly around July 4th, includes barbecues and travel plans. Sales events like Prime Day offer opportunities for bargain hunting, reflecting evolving consumer behaviors in response to economic conditions.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Amy Glaser, Senior Vice President at Adecco, shares her outlook for the June US jobs report and employment trends. Bill Pulte, CEO of Pulte Capital, talks about the impact interest rates on housing. Katie Thomas, Head of the Kearney Consumer Institute, discusses consumer sentiment heading into the Independence Day holiday. Hosts: Tim Stenovec and Mike Regan. Producer: Paul Brennan.