On Friday, we reported on the latest jobs numbers from the Bureau of Labor Statistics, which showed weaker than expected growth. On Friday afternoon, President Trump fired the person in charge of those numbers.
The monthly jobs report is a critical tool for the economy, used by businesses to make decisions and the Federal Reserve to set rates. So how exactly are those figures collected? Today, we're re-airing our behind-the-scenes look at how the BLS puts together the jobs report ... one call at a time.
This show originally aired June 6, 2022.
Related:
Can we trust the monthly jobs report?
Would you trust an economist with your economy?
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Audio Mises Wire - How JFK and the CIA Gave NYC Zohran Mamdani (and Obama to the US)
In an attempt to compete with the Soviet Union by bringing future elite political leaders from Africa to study in US universities, Sen. John Kennedy and the CIA inadvertently spread Marxism here and abroad. One product of this program was bringing Mamdani's Marxist father to the US.
Original article: https://mises.org/mises-wire/how-jfk-and-cia-gave-nyc-zohran-mamdani-and-obama-us
Audio Mises Wire - A Thunderously Bad Deal: Oklahoma City’s Crony Arena Tax
Oklahoma City will be building a new arena for the 2025 NBA Champions Thunder. Not surprisingly, the taxpayers will be the ones carrying most of the financial burden.
Original article: https://mises.org/mises-wire/thunderously-bad-deal-oklahoma-citys-crony-arena-tax
Engines of Our Ingenuity - The Engines of Our Ingenuity 1418: The Influence of War
Episode: 1418 Does war influence technological evolution? Some surprising facts. Today, we wonder how war influences technology.
Engines of Our Ingenuity - The Engines of Our Ingenuity 1417: A Metaphor Collapses
Episode: 1417 In which the medieval clock metaphor finally collapses. Today, a metaphor dies.
Audio Mises Wire - The Origins of FDR’s Teutonophobia
It was no secret that President Franklin Roosevelt hated Germany and all things German. Heavily influenced by Silas Marcus MacVane. FDR embraced MacVane's left-leaning progressivism.
Original article: https://mises.org/mises-wire/origins-fdrs-teutonophobia
Audio Mises Wire - Austrian Perspectives on Social Justice
Many "social justice" advocates claim to appeal to a “higher law,” but they usually refuse to acknowledge economic laws because those laws stand in their way of creating the "just" society.
Original article: https://mises.org/mises-wire/austrian-perspectives-social-justice
Engines of Our Ingenuity - The Engines of Our Ingenuity 1416: Technology on Hold
Episode: 1416 Technology on Hold: ideas that return after a long time. Today, technology on hold.
The Indicator from Planet Money - How you’re using AI at work
AI is a hot topic for both employers and employees in the workforce. That's why we wanted to hear from our listeners about how they are using AI at work. Today on the show, we explore the good, the bad and the ugly of AI in the workplace.
Related episodes:
Is AI overrated?
Is AI underrated?
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
Related episodes:
Is AI overrated?
Is AI underrated?
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
Audio Mises Wire - Tanenhaus and God at Buckley
The long-awaited biography of William F. Buckley Jr. is hardly worth the wait of thirty years. David Brady, Jr., reviews it, saving our readers the pain of reading themselves.
Original article: https://mises.org/mises-wire/tanenhaus-and-god-buckley