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Podcast: Afford Anything | Make smart choices about your money, time and productivity
Episode:

First Friday: Jerome Powell's Remarks at Jackson Hole
Category: Business
Duration: 00:17:58
Publish Date: 2025-09-05 17:00:00
Description:

The jobs report came out this morning and it was a painful one.

The US added only 22,000 new jobs in August, according to the latest BLS report.

And unemployment ticked up to 4.3%.

What does this mean?

Find out in today's First Friday episode!


Timestamps:

Note: Timestamps will vary on individual listening devices based on dynamic advertising run times. The provided timestamps are approximate and may be several minutes off due to changing ad lengths.


(01:48) ADP vs BLS Jobs Data

(04:33) Mortgage Rates & Their Impact on Homebuyers and Sellers

(11:30) Fed Chair Jerome Powell’s Remarks

(12:54) The Fed’s Dual Mandate Explained

(15:58) The Fed’s Changing Approach to Unemployment

(18:13) Implications: Rate Cuts on the Table

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