Markets, Jobs Reflect Tale of Two Economies: Economist Hunter

The video discusses the current economic situation, highlighting the disconnect between stock market performance and job losses in sectors like leisure and hospitality. It emphasizes the need for continued fiscal assistance and predicts further job losses in January due to slow vaccination rates and colder weather. The video also addresses the challenges faced by state and local governments in balancing budgets, which could lead to staff cuts without federal assistance.

What predictions are made for the job market in January?

What is the significance of fiscal assistance to state and local governments?