Catherine Rampell
๐ค SpeakerAppearances Over Time
Podcast Appearances
It ended up taking four clinical trials in 25 years to get me to this point.
Doing well.
Doing well.
As well as when can in these trying times.
That's true.
Yeah.
So this was, as you said, a delayed report, not,
Everybody's kind of looking around to figure out what's going on in this economy because it is very confusing.
Everybody, specifically including the people at the Federal Reserve who have to actually act upon these data beyond the fact that the unemployment rate went up.
We now have measures suggesting that in three of the past six months, we actually lost jobs.
We have also lost jobs in manufacturing for the past seven consecutive months.
So manufacturing was supposed to experience this big renaissance under Donald Trump.
That obviously has not happened.
So, yeah, there are some sources of concern.
As you point out, the unemployment rate right now is still not high.
super high.
It's 4.6%.
That may not be super comforting if you are among the 4.6%, obviously.
But it's rising.
And probably the reason why it's rising, the reason why we've had some job losses, and we can get into whether we should even take those numbers at face value.