When high inflation meets high job rates

August 11, 2022

When High Inflation Meets High Job Rates | GZERO World

We live in odd economic times.

Polls show Americans now feeling so glum about the economy, yet okay about their individual finances?

Why? It's the unemployment, stupid, economist and University of Chicago professor Austan Goolsbee tells Ian Bremmer on GZERO World.

Although real incomes have dropped due to high inflation, most Americans still have jobs, and many didn't take a big hit in their bank accounts — in part because the American Rescue Plan netted households an average of a $3,500 in tax cuts.

Watch the GZERO World episode: Explaining inflation & what's next for the US economy

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When high inflation meets high job rates

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60: A federal judge gave the White House and the Florida state government 60 days to shut down “Alligator Alcatraz,” a controversial immigration detention center in the Florida Everglades that has become a symbol of US President Donald Trump’s severe immigration policies.

When high inflation meets high job rates

Watch the GZERO World episode: Explaining inflation & what's next for the US economy

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America’s retreat from global aid is leaving a massive funding gap that no other country is stepping in to fill, leaving the world’s poorest to pay the price, warns IRC president & CEO David Miliband on GZERO World with Ian Bremmer.

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Subscribe to GZERO Media's newsletter: Signal

As global conflicts surge, the refugee crisis is spiraling out of control. How is the world responding? International Rescue Committee president & CEO David Miliband joins Ian Bremmer on GZERO World.

David Miliband, IRC president & CEO, joins Ian Bremmer on the GZERO World podcast to discuss the worsening humanitarian crisis as the number of refugees and forcibly displaced people reaches record highs amid shrinking aid budgets and a pullback of US foreign aid.

A record 123 million people have been forcibly displaced worldwide, straining poorer countries and an unraveling aid system. Ian Bremmer breaks down the refugee crisis and the growing threat to global stability.

60: A federal judge gave the White House and the Florida state government 60 days to shut down “Alligator Alcatraz,” a controversial immigration detention center in the Florida Everglades that has become a symbol of US President Donald Trump’s severe immigration policies.