Unemployment Rate Rose to 3.9% in April with 175,000 Jobs Added | EWTN News Nightly
- Preacher
- Mother Angelica
- Tradition
- Roman Catholic
- Published
- Length
- 3:43
About this sermon
Fresh jobs data released early Friday shows a cooling of the US labor market. According to the US Labor Department, 175,000 jobs were added in April, roughly 60,000 less than expected. The unemployment rate rose to 3.9%, up slightly from March numbers. Economic Professor from the University of Notre Dame, Jeffrey Campbell, joins to share what this says about the state of our economy. The stock market jumped quite a bit, up 400 points. On this news, Campbell explains whether Wall Street is betting the fed will finally start dropping interest rates soon. We also saw GDP growth slow in Q1. Campbell discusses whether we should be concerned about the health of the economy or whether this is the cooling off needed to stem inflation. EWTN News Nightly provides the latest news and analysis from a Catholic perspective. Join host Tracy Sabol, our Capitol Hill, White House and Rome Correspondents, as well as many other diverse guests daily, to get the latest from the U.S. and the Vatican on topics regarding our Catholic faith and interests. ------------- EWTN News Nightly airs on EWTN weekdays at 6pm & 9pm ET. ------------ Don't miss an episode of EWTN New Nightly. Get updates here: https://www.ewtn.com/tv/shows/ewtn-news-nightly ------------- Sign up today to receive the EWTN News Nightly newsletter: https://www.ewtn.com/enn ------------- Follow EWTN News Nightly on Social Media: Facebook: https://www.facebook.com/ewtnnewsnightly Twitter: https://twitter.com/EWTNNewsNightly Instagram: https://www.instagram.com/ewtnnewsnightly/ ------------- Subscribe to EWTN YouTube channel here: https://www.youtube.com/user/EWTN ------------- You can support the EWTN News mission: https://bit.ly/3qDR1qf
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