Boom Bust Season 1 Episode 95 March Jobs: Half Full or Half Empty? With Daniel Alpert and Max F Wolff

In season 1 episode 95 titled "March Jobs: Half Full or Half Empty?," the hosts of Boom Bust, Daniel Alpert and Max F Wolff, analyze the latest job data released by the US Bureau of Labor Statistics for the month of March. The episode starts with a discussion on the headline job numbers, which show an increase of 916,000 nonfarm payroll jobs, and the unemployment rate falling to 6.0%. The hosts examine the job gains across various sectors of the economy and the impact of the American Rescue Plan on job creation.

Next, Daniel Alpert and Max F Wolff delve deeper into the job report and question whether the job numbers are half full or half empty. They examine the labor force participation rate, which remains stubbornly low at 61.5%, and the number of workers who have left the labor force altogether. They also discuss the discrepancies in job growth across different racial and ethnic groups, and the impact of the pandemic on women's participation in the labor force.

The hosts then shift their focus to the wage growth numbers, which have been stubbornly low for many years. They debate the reasons behind the slow wage growth and the impact it has on the economy as a whole. They also examine the inflationary pressures in the economy and the potential impact on consumer prices and the overall economy.

In the latter half of the show, Daniel and Max discuss the Biden administration's infrastructure plan and the potential impact on job creation if the plan is passed into law. They discuss the different components of the plan, such as investments in traditional infrastructure like roads and bridges, as well as investments in areas like clean energy and broadband. They analyze the potential job gains across different sectors and the impact on the overall economy.

In conclusion, Boom Bust season 1 episode 95 is a detailed analysis of the March job numbers released by the US Bureau of Labor Statistics. The hosts provide a comprehensive analysis of the job gains, the wage growth, and the impact of the pandemic on the labor force. They also discuss the Biden administration's infrastructure plan and its potential impact on job creation and the overall economy.