PBS NewsHour

Why the new jobs report showed far fewer jobs than expected

Clip: 05/07/2021 | 8m 58s | Video has closed captioning.

With millions of people still out of work during the pandemic, Friday's mediocre jobs report puzzled many analysts who expected hundreds of thousands more new jobs. Lisa Desjardins discusses its implications with Ellen Hughes Cromwick, a former chief economist at the commerce department during the Obama administration, and Michael Strain, an economist with the American Enterprise Institute.

Aired: 05/07/21

Rating: NR

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