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PBS News Hour

Economy adds jobs despite inflation, interest rate hikes

The latest jobs report shows the labor market remains strong despite rising interest rates. That's good news for workers but it complicates the Federal Reserve's efforts to curb inflation. Economics Correspondent Paul Solman looks at the connections between the labor market, wages and inflation and how they will inform the Fed's next moves.
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September 20, 2020 - PBS NewsHour Weekend full episode
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