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The Pour Over Today
Strong Jobs Report, SCOTUS Disclosures, a Cricket Upset, & More | 06.10.24
Jun 10, 2024
Today's podcast covers May's job growth, Supreme Court Justices’ finances, and sports headlines. They also touch on global topics like migrant arrests, legal cases, FDA rulings, shark attacks, and a hostage rescue, all while emphasizing the importance of trust in God in uncertain times.
09:50
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Quick takeaways
- May showed strong job growth with unemployment rate rising, impacting interest rate expectations.
- Supreme Court Justices' financial disclosures reveal book earnings, lavish gifts, and pending high-profile cases.
Deep dives
Strong Job Growth and Unemployment Increase
In May, US employers added 272,000 new jobs, notably exceeding expectations. The majority of these jobs were in healthcare, government, and leisure industries. Despite the positive job growth, the unemployment rate rose from 3.9% to 4%, ending a 27-month streak of staying below 4%. This increase in job opportunities and wages has impacted expectations of potential Federal Reserve interest rate cuts.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode