U.S.'s Furman on Obama's Job Market Improvement

The transcript discusses the positive trends in wage growth and job creation, highlighting a 2.8% wage increase, the fastest since the financial crisis. It reflects on the Obama administration's success in improving the job market from losing 800,000 jobs a month to a more stable economy. However, challenges remain, such as the need for full-time jobs for part-time workers. Future strategies include infrastructure spending, federal wage policy, and education to sustain economic growth. The transcript also mentions efforts to finalize the TPP agreement.

What is highlighted as the central aspect of the economic report?

• Job losses

• Unemployment rate

• Wage growth

• Consumer spending

How has consumer optimism been affected according to the report?

• By decreasing unemployment

• By increasing taxes

• By wage growth

• By government spending

What is a significant issue still present in the job market?

• High unemployment rate

• Lack of part-time jobs

• Part-time workers seeking full-time jobs

• Overemployment

What is one of the recommendations for the next administration to strengthen the economy?

• Reduction in infrastructure spending

• Increase in part-time jobs

• Increase in federal minimum wage

• Decrease in education funding

What agreement is mentioned as a focus for completion?

• TPP

• EU Trade Agreement

• NAFTA

• USMCA