US jobs growth amid inflation fight
Jobs growth in the US is continuing at a solid, though slowing pace, despite rising prices and higher borrowing costs weighing on the economy.
The Bureau of Labor Statistics reported on Friday that the US economy added 261,000 nonfarm payroll jobs in October, while the unemployment rate rose slightly to 3.7%. Jobs growth in the US is continuing, but why is it a worrying sign for the US economy? Michelle Fleury, our New York business correspondent explains how unemployment rates are affecting inflation.
Meanwhile, Chris Low, a Wall Street markets analyst at FHN Financial discusses todays fall in value of the dollar.
Also in the programme, we speak to environment correspondent Matt Mcgrath about the upcoming COP27 summit in Egypt which kicks off this weekend.
And we talked to Mitali Nikore, an economist from Delhi about the cost of air pollution in India.
(Picture: A mature woman driving a truck. Credit: Getty Images)
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- Fri 4 Nov 2022 22:32GMT主播大秀 World Service