US Labor Market Downshifts | Balance of Power

"Balance of Power" focuses on the intersection of politics and global business. On the show today, Jared Bernstein, Chair of the White House Council of Economic Advisers, breaks down the April jobs report that showed US employers scaled back hiring, and the unemployment rate unexpectedly rose. Democratic Representative of New Jersey, Andy Kim, gives his insight on why he voted no on the House of Representative's legislation aimed at combatting antisemitism and shares details of what he states is a better bill to address these concerns. Haley Stevens, Democratic Representative of Michigan and Co-Chair of the Congressional Hostage Taskforce, shares her insight on hostages being held by Hamas in Gaza and if there are any signs of a breakthrough. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts