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.
Lee is the twelfth named storm of the Atlantic hurricane season. It was forecast to strengthen into an “extremely dangerous” hurricane by Friday as it moves over very warm waters, and pass just northeast of the Caribbean region, the center said.
