After the passage of Joe Biden’s big coronavirus stimulus package, economists expected to see a huge jobs report in May. In the end, only a quarter of the expected 1 million new jobs materialized. Why is that? And what are the chances that $1.9 trillion in stimulus funding is backfiring?

Guest: Jordan Weissmann, Slate’s senior business and economics correspondent

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Podcast production by Mary Wilson, Davis Land, Danielle Hewitt, Elena Schwartz and Carmel Delshad.

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Our Very Weird Economic Recovery