Ernie Tedeschi, former White House Council of Economic Advisers chief economist, discusses positive aspects of the latest jobs report, labor shortages, and expects high inflation to decrease due to supply chain improvements and easing labor market constraints.
NPR's Ayesha Rascoe interviews Ernie Tedeschi, former White House Council of Economic Advisers chief economist, about the latest jobs report and inflation. Tedeschi discusses positive aspects of the report, such as non-farm payroll employment, but also highlights concerns like labor shortages. He addresses inflation, stating it's currently high but will likely decrease due to factors like supply chain improvements and easing labor market constraints.
April 07, 2024
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