May Jobs Report Beats Estimates // Elon To Cut 10% of Tesla Staff // Ford Adding 6k Union Jobs - 6/3 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(1:22) - Friday's show opens with a detailed look at the May jobs report, which saw the U.S. add 390k jobs with an unemployment rate of 3.6%.(13:09) - Touching on the report that Elon Musk plans to cut 10% of Tesla's workforce due to strong concerns he has about the economy.(26:15) - Discussing how Ford is planning to add 6,000 new union jobs in three midwestern states.(34:00) - A conversation about whether an economic cool-down would actually be beneficial to the economy in the long run.