Be Well: What the May Jobs Report Says About U.S. Economy
Marty Cantor, CPA and economic development consultant, joined Cheddar News to talk about the May jobs report. He said that despite numerous jobs being created, the economy is still slow growing because "the jobs we're creating are really filling the jobs that are retired so its being a superheated economy." Cantor noted that 3.5 million people have retired since the start of the pandemic.
President Joe Biden swept into wartime Israel for a 7 1/2-hour visit Wednesday that produced a heaping dose of vocal support and a deal to get limited humanitarian aid into Gaza from Egypt.
