US Job Openings Hit New 3 Year Low | EWTN News Nightly
- Preacher
- Mother Angelica
- Tradition
- Roman Catholic
- Published
- Length
- 4:40
About this sermon
US job openings fell for a second straight month to a new 3 year low that was last experienced in February 2021. Economists had predicted 8.3 million openings, but the number fell short by 300,000 jobs. As of April, there were 1.2 available jobs for every job seeker, the lowest ratio since June 2021 according to the Bureau of Labor Statistics. Professor of Macroeconomics at the University of Notre Dame, Jeffrey Campbell, joins to discuss whether the Bureau of Labor Statistics announcing that job openings hit a 3 year low this week is an indication of an economic slump or companies just doing more with less people. Some analysts say this "cooling effect" is a good thing and that it would lead to stabilization in the economy and inflation. Campbell shares his reaction. The AP released a report saying the median CEO in the S&P 500 makes 196 times the median employee, that's up from 2022 when it was 185 times. Campbell tells us how he processes this earnings disparity. ------------ 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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