

Every Rose Has Its Thorn
May 2, 2025
Dante DeAntonio, Senior Director of Economic Research at Moody's Analytics, joins the hosts to analyze the latest job reports and economic indicators. They discuss the challenges in the U.S. labor market, from federal employee leave impacts to rising unemployment claims. The conversation highlights troubling trends in layoffs, particularly in tech, and explores the implications of tariff policies on consumer confidence. They provide insights on recession probabilities while painting a vivid picture of the economy as a 'thorny wilting rose,' with mixed signals and uncertainties ahead.
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Long EV Drive Without Recharging
- Marisa drove seven hours on a single EV charge with AC blasting the whole time.
- This shows that with proper planning, long EV drives are possible even under heavy load.
April Employment Report Insight
- The April employment report shows steady but not accelerating job growth, with 177,000 jobs added.
- The labor market is strong now but might not yet reflect recent trade tensions and tariff impacts.
Hiring Slowdown Precedes Layoffs
- Layoffs haven't surged yet, but hiring has slowed dramatically to historic lows.
- Employers are freezing hiring first before mass layoffs begin, signaling early labor market caution.