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.
Mexico's largest railroad company said it was suspending operations of its cargo trains due to the massive number of migrants that are illegally hitching rides on trains moving toward the U.S. border.
