Current:Home > InvestRekubit Exchange:Is it hot in here, or is it just the new jobs numbers? -WealthRoots Academy
Rekubit Exchange:Is it hot in here, or is it just the new jobs numbers?
NovaQuant Quantitative Think Tank Center View
Date:2025-04-06 03:53:23
517,Rekubit Exchange000 jobs were added to the U.S. economy in January, nearly double the 260,000 jobs created the month before. Unemployment is also at its lowest rate in more than 50 years, at 3.4%. So why are there so many jobs when interest rates are rising and there's a lot of talk about a possible recession?
One idea being talked about is labor hoarding, where employers hold onto more staff than they need. That's because the costs of rehiring are so high.
We find that the answer is more complex — and maybe a little more optimistic as well.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (4)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Arizona tribe fights to stop lithium drilling on culturally significant lands
- North Carolina’s coast has been deluged by the fifth historic flood in 25 years
- Walmart heiress Alice Walton is once again the richest woman in the world, Forbes says
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- With Wyoming’s Regional Haze Plan ‘Partially Rejected,’ Conservationists Await Agency’s Final Proposal
- Martha Stewart Is Releasing Her 100th Cookbook: Here’s How You Can Get a Signed Copy
- Brush fire leads to evacuations in a north-central Arizona town
- Travis Hunter, the 2
- Reservations at Casa Bonita, 'South Park' creators' Denver restaurant fill up in hours
Ranking
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- With Wyoming’s Regional Haze Plan ‘Partially Rejected,’ Conservationists Await Agency’s Final Proposal
- 'Golden Bachelorette' Joan Vassos ready to find TV prince: 'You have to kiss some frogs'
- On jury duty, David Letterman auditioned for a role he’s never gotten
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Artem Chigvintsev's Lawyer Says He and Nikki Garcia Are Focused on Co-Parenting Amid Divorce
- Miley Cyrus sued over allegations her hit song 'Flowers' copied a Bruno Mars song
- Democrats run unopposed to fill 2 state House vacancies in Philadelphia
Recommendation
A South Texas lawmaker’s 15
Instagram introduces teen accounts, other sweeping changes to boost child safety online
Cult leaders convicted of forcing children to work 16-hour days without pay
Ulta & Sephora Flash Sales: Get KVD Beauty Eyeliner for $7.50, 50% Off Peter Thomas Roth & More Deals
Trump wants to turn the clock on daylight saving time
Overseas threats hit the Ohio city where Trump and Vance lies slandered Haitians over dogs and cats
Harry Potter’s Tom Felton Makes Rare Public Appearance With Girlfriend Roxanne Danya in Italy
Sean ‘Diddy’ Combs is expected in court after New York indictment