November jobs report shows ‘a tale of two numbers’
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Former Obama Administration Council of Economic Advisers Chair Austan Goolsbee, Garrett Haake, and Kristen Welker join Andrea Mitchell to discuss the November jobs report that revealed a “tale of two numbers,” with added jobs numbers falling short of expectations contrasting the lowest unemployment numbers since the pandemic’s start. “We’re seeing a record amount of people starting new businesses,” says Goolsbee. “If you start a new business, you don’t show up in the survey of businesses yet, you just show up in the unemployment rate, so I think the job market is pretty strong.”Dec. 3, 2021
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