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More Jobs, Bigger Paychecks... And The Risk Of Recession?

More Jobs, Bigger Paychecks... And The Risk Of Recession?

24:472022-05-06

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Lots of people have gotten jobs recently and paychecks are, on average, getting bigger. But what those paychecks can buy is shrinking because costs are going up. So, the Federal Reserve is taking steps to limit the amount of money bouncing around in the economy. That should help slow price increases — but risks a recession.And far-right group leaders are pleading guilty to serious charges tied to their involvement in the January 6th riot. And the congressional investigation has interviewed nearly 1000 people ahead of "primetime" hearings in June.Also: Keanu Reeves reports for the CBC, Blake Lively wears a dress, and Judge Judy makes money.This episode: White House correspondent Tamara Keith, White House correspondent Asma Khalid, chief economics correspondent Scott Horsley, congressional reporter Claudia Grisales, and justice correspondent Ryan Lucas.Support the show and unlock sponsor-free listening with a subscription to The NPR Politics Podcast Plus. Learn more at plus.npr.org/politics Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.Find and support your local public radio station.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

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