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#703: April’s jobs report comes in much stronger than expected, with 178,000 jobs added and unemployment ticking down to 4.3 percent. That headline deserves a closer look, especially when other labor data still points to a slower, lower-hiring environment.
From there, we break down what the latest Fed decision means, why mortgage rates remain elevated, and how a sudden spike in oil and gas prices could affect inflation, consumer sentiment, and the broader economy. We also cover recent market volatility and why long-term investors may want to think differently about short-term swings.

In the second half: News involving Vicki Robin that has rippled through the FIRE community, proposed changes could expand what 401(k) plans can hold, and major student loan developments — including the end of the SAVE plan and what borrowers should be watching next.

Vicki Robin links:

Paula’s Newsletter - https://ckarchive.com/b/0vuwh9h9e4289c7mggrmzhv8qo9rqhnh50v

Vicki’s Substack - https://vickirobin.substack.com/p/abusers-and-the-women-who-love-them

Afforder Community - affordanything.com/community

Sources:


https://www.advisorperspectives.com/dshort/updates/2026/03/31/jolts-report-job-openings-february-2026

https://www.challengergray.com/blog/challenger-report-march-cuts-rise-25-from-february-ai-leads-reasons

https://www.dol.gov/newsroom/releases/ebsa/ebsa20260330

https://myeddebt.ed.gov

Timestamps:

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(00:00) A busy start to April
(01:03) Stronger than expected jobs report
(06:06) A softer picture for job openings
(07:13) Where layoffs are showing up
(10:15) Why the Fed held rates steady
(12:05) What’s keeping mortgage rates elevated
(21:05) Why gas prices rose so quickly
(27:28) How to think about market volatility
(30:20) A proposed change for 401k plans
(32:37) News from Vicki Robin
(40:55) A shift in student loan management
(42:37) What the end of SAVE means
(45:16) Changes for Parent PLUS borrowers

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