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.
Share:
More In General News
Mario No. 1 for 4th Week, Hits $1B Globally
The Mario Party continued as it faced little new competition at the box office.
First Republic Bank Seized, Sold in Fire Sale to JPMorgan
Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase.
What's Behind Shortages of Adderall, Ozempic, and Other Meds?
There were 301 active national drug shortages through March, according to the University of Utah Drug Information Service.
Texas Mass Shooting Suspect Could Be Anywhere, Sheriff Says
Francisco Oropeza, who they suspect of killing five of his neighbors near Houston, could be as far as 20 miles from the murder scene by now, according to San Jacinto County Sheriff Greg Capers.
In Case You Missed It: Peacock Returns to Zoo After Bronx Jaunt
A peacock that escaped the Bronx Zoo was back in his enclosure on Thursday after strutting his stuff down a Bronx sidewalk earlier this week. The peacock escaped Wednesday and spent the night in a tree nearby before flying back to zoo grounds.
White Woman Whose Claim Caused Emmett Till Murder Has Died
The white woman who accused Black teenager Emmett Till of whistling at and accosting her in Mississippi in 1955 — causing his lynching, which galvanized a generation of activists to rise up in the Civil Rights Movement — has died at 88.
2 US Army Helicopters Crash in Alaska, Killing 3 Soldiers
Two U.S. Army helicopters collided and crashed Thursday in Alaska while returning from a training flight, killing three soldiers and injuring a fourth.
One Good Thing: Toronto Blue Jays Player Gives Batting Gloves to Young Fan
We'd like to take a moment to share One Good Thing happening in the world today. This special moment is from a Toronto Blue Jays game on Tuesday, when one of the players made a young fan's day with a special surprise.
Shannon Shapes Up: How to Get Full-Body Cardio From Dancing
Cheddar News' weeklong series on personal fitness, Shannon Shapes Up, continues with Shannon LaNier busting a move at 305 Fitness in New York City. The gym offers full-body dance cardio workouts everyday with a live DJ.
