KQED Nightly Business Report June 22, 2024
Every month but this time around everybody is waiting for it. Thats because the first Interest Rate hike in nearly a decade is on the table. The Federal Reserve chair has repeatedly said that the central bank is dependent and job market is central to its decision. As Hampton Pearson reports, the day before the critical report we got additional clues as to the health of the labor market. Reporter one day before the all allimportant jobs report the number of americans filing firsttime unemployment claims rose to 270,000. Another sign the labor market is and at the same time a closely watched rep...