Inflation and unemployment stats tell a complicated story


podcast: Marketplace

We got a feast of economic figures the day before Thanksgiving: First-time unemployment claims are at a 52-year low. But a key index shows inflation is at a 31-year high. Consumer spending is up too, yet consumer sentiment is at its lowest point in a decade. What the heck is going on? On today’s show, we’ll tell you how the economic recovery can look anything but linear. We’ll also hear about the big number of small-scale labor actions, the infrastructure bill’s potential impact on holiday travel routes and a new initiative by the Department of Labor aimed at assisting home care workers.

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