Paul Lane of AAG on Disappointing Jobs Report // Walmart Raising Minimum Wage to $12/Hour - 9/3 (Hour 1)

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

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(0:34) - The jobs report for August was quite disappointing with just 235K jobs added to the economy versus expectations of 720K jobs added. The unemployment rate did drop slightly 5.2%. Paul Lane of The Armstrong Advisory Group joined the show to give a detailed look at the report.(15:00) - Walmart announced that they will be raising their minimum wage to $12 per hour in a move that could have far-reaching ripple effects in regards to wages.(28:03) - The final jobless payments will go out this weekend, with 7.5 million people losing benefits that began in the beginning of the pandemic. (36:48) - Chuck gets to gloat about his prediction that the highest number of jobs created in a single month this year would be north of 1 million.