U.S. Job Gains Show Economic Momentum for 2019, CEA's Hassett Says

The transcript discusses the surprising GDP growth, labor market trends, and wage growth, highlighting the positive economic momentum. It addresses the impact of the government shutdown on employment data and explores the relationship between productivity and capital investment. The discussion also covers trade uncertainty and its potential economic risks, along with concerns about tax reforms and the growing deficit.

What were the GDP growth numbers mentioned for the first quarter?

How did the job participation rate change during the economic analysis?

What was the forecast for nominal wage growth this year?

What impact did the government shutdown have on the unemployment rate?

How does capital investment relate to productivity according to the discussion?

What are the potential risks associated with policy uncertainty as discussed?

What are the concerns regarding the federal deficit mentioned in the text?