Former Labor Secretary Rob Reich on Sept. Jobs Report

Former US Labor Secretary Robert Reich discusses persistent inflation, slow hiring, and wages trailing prices during a Bloomberg appearance. Simultaneously, former CEA Chair Cecilia Rouse suggests the economy may be entering a new normal regarding the jobs report. She indicates that the break even point could potentially settle around 50,000. Both officials shared these economic insights with Romaine Bostick on The Close, highlighting current challenges within the labor market and overall GDP growth trends.