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PBS News Hour
Chicago Fed president unpacks weak jobs report
The labor market appears to have stalled this summer, according to the significantly weaker than expected jobs report. Employers added just 22,000 new jobs in August and revisions show the economy lost 13,000 jobs in June, the first net loss since December 2020. Amna Nawaz discussed the report with Federal Reserve Bank of Chicago President Austin Goolsbee.
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This episode is the July 19, 2023 broadcast.
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