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6/3/16

Why hiring is at five-year low and the economy is stalling


http://youtu.be/AwRm26uv4Cg
According to a new report from the Labor Department, U.S. hiring fell to a five year low in May, with just 38,000 new jobs. Even if those numbers are off, the last quarter shows a similarly disturbing trend: 115,000 jobs added per month, an abnormal drop during this long period of recovery. Hari Sreenivasan talks to David Wessel of the Brookings Institution about why the economy is slowing down.


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