NJ Spotlight News
Federal Reserve raises outlook for U.S. economy, jobs
Clip: 6/16/2021 | 2m 44sVideo has Closed Captions
One potential trouble spot: Inflation is rising.
The Fed believes the economy will pick up steam. Officials now expect the U.S. economy will grow by 7%; that's above previous expectations of 6.5% and would represent a sharp rebound from where we were a year ago. Federal Reserve Chairman Jerome Powell expects the job market will pick up and the unemployment rate will drop to 4.5%.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
Federal Reserve raises outlook for U.S. economy, jobs
Clip: 6/16/2021 | 2m 44sVideo has Closed Captions
The Fed believes the economy will pick up steam. Officials now expect the U.S. economy will grow by 7%; that's above previous expectations of 6.5% and would represent a sharp rebound from where we were a year ago. Federal Reserve Chairman Jerome Powell expects the job market will pick up and the unemployment rate will drop to 4.5%.
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Clip: 6/16/2021 | 3m 22s | Health leaders express concern over low blood supply following a lack of donations. (3m 22s)
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Clip: 6/16/2021 | 3m 45s | With so few flu cases last season, predicting this year’s dominant strain will be tougher (3m 45s)
New bill to combat job insecurity for domestic workers
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Clip: 6/16/2021 | 1m 14s | A new bill was introduced to guarantee more security for domestic workers. (1m 14s)
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Clip: 6/16/2021 | 3m 28s | According to Sayreville police chief, the search for new officers has been extremely tough (3m 28s)
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Clip: 6/16/2021 | 8m 18s | Sen. Menendez wants to investigate COVID-19 response and pushes for citizenship bills (8m 18s)
Statue of George Floyd unveiled in Newark
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Clip: 6/16/2021 | 41s | Floyd's murder last year elevated the Black Lives Matter movement (41s)
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS