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NJ Spotlight News | Business Report: New jobs added in NJ | Season 2022

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August was 21st straight month of job growth in NJ
The PBS NewsHour Business Report discusses several key economic issues. It highlights the ongoing debate over the U.S. debt ceiling, with warnings from Treasury Secretary Janet Yellen about the potential economic catastrophe if it is not raised. The report also covers the latest inflation data, noting a slight decrease but still high levels causing concern for the Federal Reserve, which is considering further interest rate hikes. Additionally, it touches on the labor market, mentioning strong job growth but persistent challenges in sectors like technology and housing. The segment concludes with a brief mention of global economic news, including China's economic recovery and Europe's energy crisis.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-1663269591/ ]