Moody's Talks - Inside Economics Every Rose Has Its Thorn
May 2, 2025
Dante DeAntonio, Senior Director of Economic Research at Moody's Analytics, joins the hosts to analyze the latest job reports and economic indicators. They discuss the challenges in the U.S. labor market, from federal employee leave impacts to rising unemployment claims. The conversation highlights troubling trends in layoffs, particularly in tech, and explores the implications of tariff policies on consumer confidence. They provide insights on recession probabilities while painting a vivid picture of the economy as a 'thorny wilting rose,' with mixed signals and uncertainties ahead.
AI Snips
Chapters
Transcript
Episode notes
Long EV Drive Without Recharging
- Marisa drove seven hours on a single EV charge with AC blasting the whole time.
- This shows that with proper planning, long EV drives are possible even under heavy load.
UI Claims Signal Growing Stress
- Unemployment insurance claims rose recently, driven mostly by Northeast states.
- Continuing claims are near 2021 highs, indicating unemployed workers find it harder to get jobs.
Wage Growth Slows, Inflation Hope
- Employment cost index shows wages and benefits slowing to the lowest pace since 2021.
- Slower wage growth may help contain inflation pressures amid tariff-driven price risks.