Jared Bernstein on April Jobs Report

Jared Bernstein, Chair of the White House Council of Economic Advisers, breaks down the April jobs report that showed US employers scaled back hiring, and the unemployment rate unexpectedly rose. He shares his insight on whether or not he sees the US unemployment rate continuing to stay below four percent. Jared Bernstein speaks with Kailey Leinz and Joe Mathieu on Bloomberg's "Balance of Power."
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[@GrantDWilliams82]

I can't believe that this guy is still showing his face in public after that video of him trying to explain how the debt and money printing surfaced today.

[@mstrikesback168]

haha! Wasn't that hilarious? We're not supposed to notice and ask those kinds of question, apparently. The whole money system is a scam.

[@wanderingfido]

Has he even heard of the Reinhart and Rogoff theory? My guess is no.

[@tshirtnjeans4829]

I saw who was speaking and came for the comments.

[@100kjpeg7]

This man doesnt even understand how the fiat monetary system works. save yourself and buy bitcoin.

[@nicolasbenson009]

I recognize the hardships that come with economic struggles like unemployment, job loss, inflation, housing market instability, political uncertainties, and the global impact of conflicts and wars. Making ends meet during such times can be incredibly challenging. To navigate this difficult period, considering alternative job prospects, enhancing skills through online courses, and expanding your network can heighten the chances of securing employment. Moreover, prudent budgeting, exploring available financial aid programs, and seeking assistance from community organizations can offer some relief. How are you currently tackling these challenges? Have you implemented any specific strategies to cope?

[@berniceburgos-]

In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor OR in a financial market, requires guidance at some stage.

[@tatianastarcic]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@Michaelparker12]

Could you possibly recommend a CFA you've consulted with?

[@tatianastarcic]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five aiyears now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@BridgetMiller-]

Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.

[@LeonIneke]

Wow, isn't this the guy who's ignorant about borrowing and printing money?

[@phoenixking4443]

THAT'S HIM!

[@wanderingfido]

YES. He doesnt have a master's degree in economics. It's in sociology with a minor in music. He can supposedly and proverbially blow a sad trombone while the Titanic is sinking.

[@rebeccasmith8567]

Yep!

[@highwaymen1237]

He has no education in economics. If you don't believe me look at his wiki page. His degrees are in sociology.

[@tyl8ter]

and music

[@9realitycheck9]

This guy doesn't understand Economics.. he has degrees in Music & Social Work. He can't explain Monetary Policy and Money Supply.. he just spins statistics. ..what a joke..

[@BatmanBoss]

This guy is a joke

[@arnoldbailey7550]

The US report demonstrates 3.9% unemployment; here is the problem: Welfare recipients currently: 18% Homeless currently: 7.4% Actual unemployment is between 7.4% and 18% If you are going to look at joblessness, let's use reality.

[@tovsteh]

This administration will juke the stats on literally everthing. Its a post truth economy where it is whatever they say it is.

[@zendiime]

A lot of these "created jobs" are from people who have to work 2 in order to pay their increased bills. Some people that used to stay at home with their kids also cannot afford to do this and are forced to pick up another job as well. Life is not better and this is not a sign of improvement. It is a sign of everything becoming so expensive people cannot afford to live anymore.

[@wanderingfido]

Yeah and the kids are exploiting the parental absence with rampant truancy. See: Project Baltimore.

[@benlandro6776]

JARED HAS A BRIGHT FUTURE AS A JAZZ BASSIST IN NYC.

[@IndyTribe]

This guy is the epitome of failing UP. He has NO IDEA what he is talking about. How he ever got the position he is in is a mystery for the ages. What a joke.

[@sjsuismylife]

Sir can you explain how printing/borrowing of money works?

[@velob11]

Meet the son of Baghdad Bob

[@holystromboli]

Keep the questions simple with this guy. He gets confused easily

[@tyl8ter]

He's about as legitimate as biden and all of his cabinet....bring the orange man back

[@garyesada5766]

Wow.

[@tovsteh]

Bitcoin is your only exit to whats coming thanks to the incompetence of this guy.

[@larrylamartina6230]

This guy has no shame he can't accurately answer any question anybody asks him

[@zaremamustafayeva]

This interview is made up to rehabilitate this guy))

[@bradbates6412]

Maybe he can print new jobs.

[@dhansel4835]

This is what happens to a nation when God removes his hand of protection.

[@YelloHaus]

Where I work, in the South, Hispanics are highly employed and work hard. I'd love to see more black men entering the workforce besides the fast food industry

[@mstrikesback168]

and replace Whites? How racists of you. We need MORE jobs to White men. We've reached the end of worshiping minorities.

[@commonsense504]

Built back better. 👍