Lori Chavez-DeRemer

Lori Chavez-DeRemer, U.S. Labor Secretary and workforce advocate, shares insights on the solid September jobs report, noting a payroll gain of 119,000. She emphasizes the need for the Federal Reserve to lower rates to encourage business investment in hiring. Chavez-DeRemer addresses inflation impacts, arguing for real wage growth and the positive effects of policies like tax cuts for families. Highlighting shifts in private sector job growth versus government jobs, she outlines plans to return tariff revenues to support lower-income households.

Lori Chavez-DeRemer, the US Labor Secretary, dives into the July jobs report revealing only 73,000 new jobs added—far from optimistic. She discusses the potential impacts of trade policies on employment and advocates for lower interest rates to boost business investments. The conversation shifts to the manufacturing sector, addressing recent job losses and the government's strategies to revive it through innovative trade deals and workforce training initiatives. Chavez-DeRemer emphasizes how deregulation could foster consumer confidence and job creation.