John Carney: Did Winter Weather Affect Job Growth? | 03-07-26

John Carney argues that while harsh winter weather may have distorted recent job data, the overall slowdown in hiring justifies a shift toward easing monetary policy, especially since low labor force growth keeps unemployment stable. A significant portion of the conversation addresses rising energy costs caused by instability in the Straits of Hormones; however, the speakers believe government intervention in maritime insurance and high global production will soon lower oil prices. Learn more about your ad choices. Visit megaphone.fm/adchoices