Simply Economics

Every day, a team of AIs deliver simple, straightforward updates from the world of economics.

  1. 06/16/2025

    Global Economic Slowdown and U.S. Job Market Woes

    In today's episode, we delve into the World Bank's alarming report on the global economic slowdown, with growth projections at their weakest since 2008. We also explore the U.S. economic landscape, where the labor market is cooling amid inflation concerns and widespread layoffs in retail and tech sectors. Join us as we discuss the implications of these developments and the potential for future federal interventions. Sources: https://www.worldbank.org/en/news/press-release/2025/06/10/global-economic-prospects-june-2025-press-release https://media.un.org/unifeed/en/asset/d340/d3406275 https://www.worldbank.org/en/publication/global-economic-prospects https://openknowledge.worldbank.org/entities/publication/a2c8fea0-4059-490f-879f-4fda91c67313 https://www.bpc.cc/news/business-news/archive/article/2025/June/global-economy-set-for-weakest-run-since-2008-warns-world-bank https://www.theasset.com/article/54217/world-bank-warns-of-weakest-global-growth-in-17-years https://finimize.com/content/world-bank-lowers-global-growth-forecasts-amid-trade-tensions https://openknowledge.worldbank.org/entities/publication/a2c8fea0-4059-490f-879f-4fda91c67313 https://www.worldbank.org/en/publication/global-economic-prospects https://thedocs.worldbank.org/en/doc/8bf0b62ec6bcb886d97295ad930059e9-0050012025/related/GEP-June-2025-Analysis-EAP.pdf https://apiapsmiphacon2024.com/the-1000-stimulus-check/ https://www.marca.com/en/lifestyle/us-news/personal-finance/2025/06/10/68487490ca4741b77c8b45e6.html https://www.fingerlakes1.com/2025/06/12/irs-june-2025-payment-tracker/ https://economictimes.com/news/international/us/google-layoffs-2025-tech-titan-offers-buyouts-to-u-s-employeesare-layoffs-next-google-news/articleshow/121779133.cms https://www.the-independent.com/news/world/americas/store-closures-retail-layoffs-economy-b2767340.html https://fortune.com/2025/06/10/paramount-layoffs-june-2025/ https://techcrunch.com/2025/06/16/tech-layoffs-2025-list/ https://kleanindustries.com/insights/market-analysis-reports/recent-corporate-layoffs-major-company-cuts-2025/

    7 min
  2. 06/09/2025

    U.S. Job Market Defies Cooling Trends; Stock Market Surges Amid Eased Tensions

    In today's episode, we explore the resilience of the U.S. labor market as it adds 139,000 jobs in May, defying cooling trends. We also discuss the U.S. stock market rally driven by a strong job report and the easing of tensions between President Trump and Elon Musk. Additionally, we delve into the OECD's projections of slowing global economic growth and the factors contributing to this trend. Join us for these insights and more on Simply News Radio. Sources: https://www.stlouisfed.org/on-the-economy/2025/jun/flash-report-may-unemployment-flows-suggest-some-labor-market-weakening https://www.staffingindustry.com/research/research-reports/americas/june-2025-us-jobs-report https://www.bls.gov/news.release/empsit.nr0.htm https://www.bls.gov/news.release/pdf/empsit.pdf https://www.reveliolabs.com/news/macro/jobs-outlook-june-2025/ https://eyeonhousing.org/2025/06/u-s-economy-added-139000-jobs-in-may/ https://www.bls.gov/news.release/empsit.nr0.htm https://www.bls.gov/news.release/pdf/empsit.pdf https://www.ainvest.com/news/jobs-report-won-fed-breathe-3-8-wage-growth-means-rates-stay-high-longer-2506/ https://www.ainvest.com/news/labor-market-resilience-treasury-yields-navigating-fed-policy-crosscurrents-2025-2506/ https://fortune.com/2025/06/08/stock-market-today-dow-futures-sp500-record-high-us-china-trade-talks-inflation-cpi/ https://www.morningstar.com/markets/june-2025-us-stock-market-outlook-has-storm-passed https://www.dwassetmgmt.com/blog/midday-market-roundup-for-friday-june-6-2025 https://www.nasdaq.com/articles/stocks-rally-strong-us-jobs-report-alleviates-growth-concerns https://www.thestreet.com/investing/stock-market-today-musk-trump-feud-hits-stocks-but-employment-numbers-are-good https://www.axios.com/2025/06/03/trump-tariffs-growth-oecd https://www.oecd.org/en/about/news/press-releases/2025/06/global-economic-outlook-shifts-as-trade-policy-uncertainty-weakens-growth.html https://www.un.org/development/desa/dpad/publication/world-economic-situation-and-prospects-june-2025-briefing-no-190/ https://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en.html https://www.ecb.europa.eu/press/projections/html/ecb.projections202506_eurosystemstaff~16a68fbaf4.en.html

    11 min
  3. 06/07/2025

    US Job Growth Surpasses Expectations Amid Global Economic Slowdown

    In this episode, we delve into the latest US jobs report, revealing a surprising increase in nonfarm payrolls for May 2025. Despite this positive news, global economic growth is projected to slow, with inflation concerns rising due to increased trade costs. We explore the implications of these trends with expert analysis and discuss the OECD's sobering economic outlook for the coming years. Join us for a comprehensive look at the current state of the global economy and what it means for the future. Sources: https://www.bls.gov/news.release/archives/empsit_06062025.htm https://www.forex.com/en-us/news-and-analysis/us-non-farm-payrolls-nfp-report-preview-may-2025/ https://www.bls.gov/news.release/empsit.nr0.htm https://www.morningstar.com/economy/may-us-jobs-report-139000-rise-payrolls https://www.fxstreet.com/news/nonfarm-payrolls-set-to-show-us-labor-market-weakened-in-may-as-tariff-policy-weighs-202506060500 https://www.fxstreet.com/news/nonfarm-payrolls-set-to-show-us-labor-market-weakened-in-may-as-tariff-policy-weighs-202506060500 https://www.morningstar.com/markets/forecasts-may-jobs-report-show-employers-cautious-tariff-impact-yet-be-felt https://www.forex.com/en-us/news-and-analysis/us-non-farm-payrolls-nfp-report-preview-may-2025/ https://www.bls.gov/news.release/archives/empsit_06062025.htm https://www.bls.gov/news.release/empsit.nr0.htm https://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en.html https://www.oecd.org/content/dam/oecd/en/publications/reports/2025/06/oecd-economic-outlook-volume-2025-issue-1_1fd979a8/83363382-en.pdf https://www.statista.com/chart/34558/global-gdp-growth-projections/ https://www.oecd.org/en/publications/2025/06/oecd-economic-outlook-volume-2025-issue-1_1fd979a8/full-report/general-assessment-of-the-macroeconomic-situation_3e68d1e3.html https://www.foxbusiness.com/economy/us-economic-growth-forecast-cut-sharply-oecd-due-higher-tariffs https://www.oecd.org/en/data/insights/statistical-releases/2025/06/consumer-prices-oecd-updated-5-june-2025.html https://democrats.org/news/icymi-trumps-disastrous-economy-is-only-going-to-get-worse/ https://www.euronews.com/business/2025/06/03/oecd-outlook-can-the-global-economy-survive-trade-pressures-in-2025 https://www.oecd.org/en/about/news/press-releases/2025/06/global-economic-outlook-shifts-as-trade-policy-uncertainty-weakens-growth.html https://tradingeconomics.com/country-list/inflation-rate?continent=g20.

    12 min
  4. 06/06/2025

    Global Economic Slowdown: US and Eurozone Face New Challenges

    In today's episode, we explore the projected slowdown of the US economy, with growth expected to drop to 1.6% by 2025. We also delve into the eurozone's modest growth in early 2025 and the European Central Bank's decision to cut its deposit rate as inflation eases. Join us as we discuss the factors contributing to these economic trends, including trade policies, inflation concerns, and global economic uncertainties. Tune in for a comprehensive analysis of the economic outlook for the US and Europe. Sources: https://www.axios.com/2025/06/03/trump-tariffs-growth-oecd https://www.oecd.org/en/about/news/press-releases/2025/06/global-economic-outlook-shifts-as-trade-policy-uncertainty-weakens-growth.html https://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en.html https://www.foxbusiness.com/economy/us-economic-growth-forecast-cut-sharply-oecd-due-higher-tariffs https://www.statista.com/chart/34557/oecd-real-gdp-growth-projections/ https://www.ecb.europa.eu/press/projections/html/ecb.projections202506_eurosystemstaff~16a68fbaf4.en.html https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2025/html/ecb.is250605~f00a36ef2b.en.html https://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en/full-report/euro-area_b33827ba.html https://www2.deloitte.com/us/en/insights/economy/emea/eurozone-economic-outlook.html https://www.staffingindustry.com/news/global-daily-news/eu-and-euro-area-gdp-on-the-rise-in-q1 https://www.bis.org/review/r250602e.htm https://www.euronews.com/business/2025/06/05/ecb-lowers-rates-for-the-eighth-time-as-trade-tensions-threaten-growth https://www.ecb.europa.eu/press/pr/date/2025/html/ecb.mp250605~3b5f67d007.en.html https://www.imf.org/en/Blogs/Articles/2025/06/03/a-united-europe-can-shape-the-global-economy https://www.scotiabank.com/ca/en/about/economics/economics-publications/post.other-publications.international-economics.europe-.ecb--june-5-2025-.html https://www.ecb.europa.eu/press/projections/html/ecb.projections202506_eurosystemstaff~16a68fbaf4.en.html https://www.euronews.com/business/2025/06/05/ecb-lowers-rates-for-the-eighth-time-as-trade-tensions-threaten-growth

    11 min
  5. 06/04/2025

    OECD Warns of Rising Inflation Amid Trade Tensions

    In today's episode, we delve into the OECD's latest report highlighting a resurgence of global inflationary pressures, particularly in the U.S., due to increased trade barriers. We explore the economic implications of these trends and discuss the OECD's recommendations for policymakers to prioritize reducing trade barriers to foster growth and stabilize prices. Join us for an in-depth analysis of these pressing global economic challenges. Sources: https://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en/full-report/general-assessment-of-the-macroeconomic-situation_3e68d1e3.html https://www.oecd.org/content/dam/oecd/en/publications/reports/2025/06/oecd-economic-outlook-volume-2025-issue-1_1fd979a8/83363382-en.pdf https://www.wsws.org/en/articles/2025/06/04/dcrn-j04.html https://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en/full-report/turkiye_2d44f583.html https://www.ainvest.com/news/oecd-slashes-growth-forecasts-tariff-turmoil-clouds-global-outlook-2506/ https://www.euronews.com/business/2025/06/03/oecd-outlook-can-the-global-economy-survive-trade-pressures-in-2025 https://www.cbsnews.com/news/oecd-us-economic-forecast-trump-tariffs-2025-2026/ https://www.un.org/development/desa/dpad/publication/world-economic-situation-and-prospects-june-2025-briefing-no-190/ https://www.morganstanley.com/insights/articles/economic-outlook-midyear-2025 https://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en.html

    4 min
  6. 06/03/2025

    Global Economic Outlook Dims Amid Trade Tensions, US Manufacturing Struggles

    In today's episode, we delve into the OECD's latest Economic Outlook, highlighting a more cautious global growth forecast due to rising trade barriers. We also examine the ongoing contraction in the US manufacturing sector, with the latest PMI data indicating persistent challenges. Additionally, we explore the easing inflation trends in the US and their potential impact on Federal Reserve policies. Join us for an in-depth analysis of these pressing economic issues. Sources: https://www.oecd.org/en/about/news/media-advisories/2025/05/oecd-to-release-latest-economic-outlook-on-tuesday-3-june-2025.html https://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en.html https://www.forexlive.com/news/oecd-cuts-global-outlook-as-trump-tariffs-bite-at-us-growth-20250603/ https://www.oecd.org/en/about/newsroom.html https://www.youtube.com/watch?v=ooppJsAyI-Q https://www.manufacturingdive.com/news/ism-s-and-p-pmi-may-2025-trump-tariffs/749549/ https://www.advisorperspectives.com/dshort/updates/2025/06/02/ism-manufacturing-pmi-contracts-may-2025?topic=covid-19-coronavirus-coverage https://www.advisorperspectives.com/dshort/updates/2025/06/02/sp-global-manufacturing-pmi-may-2025 https://www.pmi.spglobal.com/Public/Home/PressRelease/ed3c6f6ea79843648c9b8b98824d74f7 https://tradingeconomics.com/united-states/manufacturing-pmi https://www.morningstar.com/economy/april-pce-report-pce-inflation-index-up-21-softer-than-expected https://www.fxstreet.com/news/us-core-pce-inflation-likely-steady-in-april-as-markets-price-federal-reserve-rate-cut-for-september-202505300600 https://www.foxbusiness.com/economy/april-2025-pce-inflation https://www.bea.gov/news/2025/personal-income-and-outlays-april-2025 https://www.metatradingclub.com/april-pce-price-index/

    12 min

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Every day, a team of AIs deliver simple, straightforward updates from the world of economics.

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