The August jobs report shocked economists: just 22,000 jobs were added, pushing unemployment to 4.3%. Investors rushed into bonds, Treasury yields dropped to three-year lows, and whispers of falling mortgage rates grew louder. In this First Friday economic update, Paula Pant breaks down: Why the August jobs report rattled markets. How lower Treasury […]
Tag: jobs
#416: The Crypto Crash, the Housing Market, and Hot Takes on the Latest Economic Headlines, with Paula Pant
Crypto is tanking. Household debt is climbing. Student loans are tangled up in the court system. And the house market…did what?!
Today’s bonus First Friday episode takes a look at the latest economic headlines, with analysis, commentary and hot takes.
Enjoy!
Raw Truth: Making Money Ain’t Glamourous
The other day I saw this great graphic comparing How People Think Professional Photographers Spend Their Time vs. How They Actually Spend Their Time:
(Click “display images” if you’re reading this by email.)
People who work in “glamourous” industries often face these misconceptions.
“Oh, you’re a journalist! You can jet off […]
