August 29, 2022· 45 min
Joelle Gamble Explains the Confusing State of the US Labor Market
Orality
Model
88%
Highly oral (epic poetry, sermons, hip-hop)
Speaker Breakdown
HostJoe Weisenthal(2,151 words)
M:28%
HostTracy Alloway(1,239 words)
M:28%
GuestJoelle Gamble(4,882 words)
M:26%
Oral Indicators
Agonistic25%
very, totally, clearly
Engagement67%
you, our, your
Memory Aids100%
listen, like, okay
Repetition100%
know (155x), labor (81x), think (76x)
Parallelism100%
And I'm Tracy Alloway...., And this is no...., So That's not controversial....
Sound Patterns52%
46 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases7%
you know what, i mean, the bottom line
Literate Indicators
Hedging9%
may, perhaps, might
Passive Voice6%
is affected, were disrupted, being closed
Abstract Nouns20%
investment, community, business
Subordination7%
since, because, while
Sentence Length51%
Avg: 17.9 words/sentence
Word Complexity48%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style33%
594 personal pronouns found
Descriptive Style99%
apply, particularly, significantly
Description
The unemployment rate is down to 3.5%, which is far lower than just about anyone thought it would be a year ago. So that's great. On the other hand, measures of labor force participation are below where they were pre-crisis. So the question is whether there's been some fundamental shift in the composition of the labor market vs. the pre-pandemic era, or whether we're still in the process of normalization. To dive into this more, we spoke to Joelle Gamble, Chief Economist at the US Department of Labor. Among other things, we discuss the narrowing gap between black and white unemployment and whether this progress can be sustained throughout the cycle. See omnystudio.com/listener for privacy information.