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.

Economy adds jobs despite inflation, interest rate hikes

6m

  • November 21, 2024 - PBS News Hour full episode: asset-mezzanine-16x9

    November 21, 2024 - PBS News Hour full episode

    S2024 E327 - 56m 41s

    Thursday on the News Hour, Matt Gaetz drops his bid to serve as Trump's attorney general after failing to quell concerns about sex trafficking allegations. The International Criminal Court issues arrest warrants for Israel's prime minister, its former defense minister and Hamas' military chief for crimes committed in Gaza. Plus, Sen. Sherrod Brown discusses the future of the Democratic Party.

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