NJ Spotlight News
Business Report: Economist says job market will deflate
Clip: 1/6/2023 | 2m 39sVideo has Closed Captions
223,000 new jobs were added to the US economy in December, and unemployment rate was 3.5%
The government’s monthly jobs report released Friday showed 223,000 new jobs were added to the U.S. economy in December, and the unemployment rate was 3.5%. That’s a solid report, but Gus Faucher, chief economist at PNC Financial Services, says the job market will deflate later this year. Faucher is forecasting a mild recession to take hold later this year.
Problems playing video? | Closed Captioning Feedback
Problems playing video? | Closed Captioning Feedback
NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
Business Report: Economist says job market will deflate
Clip: 1/6/2023 | 2m 39sVideo has Closed Captions
The government’s monthly jobs report released Friday showed 223,000 new jobs were added to the U.S. economy in December, and the unemployment rate was 3.5%. That’s a solid report, but Gus Faucher, chief economist at PNC Financial Services, says the job market will deflate later this year. Faucher is forecasting a mild recession to take hold later this year.
Problems playing video? | Closed Captioning Feedback
How to Watch NJ Spotlight News
NJ Spotlight News is available to stream on pbs.org and the free PBS App, available on iPhone, Apple TV, Android TV, Android smartphones, Amazon Fire TV, Amazon Fire Tablet, Roku, Samsung Smart TV, and Vizio.
Providing Support for PBS.org
Learn Moreabout PBS online sponsorship
Another day, another vote for Speaker of the House
Video has Closed Captions
Clip: 1/6/2023 | 5m 26s | Interview: Kelly Dittmar, associate professor of political science at Rutgers-Camden (5m 26s)
Biden announces new restrictions at US-Mexico border
Video has Closed Captions
Clip: 1/6/2023 | 1m 44s | US will allow up to 30,000 asylum seekers from four countries (1m 44s)
Fatal crashes on the rise in New Jersey
Video has Closed Captions
Clip: 1/6/2023 | 4m 27s | Safety advocates say crash fatalities are preventable (4m 27s)
New prescription drug price caps don't benefit everyone
Video has Closed Captions
Clip: 1/6/2023 | 4m 54s | Only covering about a third of NJ residents (4m 54s)
On second anniversary of Jan. 6, a look back
Video has Closed Captions
Clip: 1/6/2023 | 5m 11s | 'We were very lucky to survive that and still have a democracy,' said Albio Sires (5m 11s)
Providing Support for PBS.org
Learn Moreabout PBS online sponsorship
Support for PBS provided by:
NJ Spotlight News is a local public television program presented by THIRTEEN PBS