Wintrust Business Lunch 9/3/21: Terry Savage – Unpacking the disappointing August jobs report

Wintrust Business Lunch

A “Now Hiring” sign stands outside a restaurant in Arlington, Virginia, on August 12, 2021. – The number of US workers filing applications for unemployment benefits continues to trend downward, with another sharp drop last week, according to government data released on August 12, 2021. While the early end of special federal pandemic benefits in many states was expected to impact the data, applications for that type of aid actually rose in the week ended August 7, the Labor Department said. Initial jobless claims fell by 12,000 last week to 375,000 seasonally adjusted, the third consecutive week of declines, according to the report. (Photo by Olivier DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)

Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the disappointing August labor report, how the market is reacting to the labor data and the overall outlook for the economy as coronavirus cases continue to rise. And as always, Terry takes your financial questions.

Segment 2: R.J. Melman, President, Lettuce Entertain You Enterprises, joins John to talk about all the special events and menus that they have planned for Rosh Hashanah.

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