Jul 2, 2026There’s no widespread layoffs, and the unemployment rate kicked down, but economists expected double the amount of new jobs added. Plus, wage growth, de-extinction, the “lump of labor” fallacy, Saudi Aramco, and a social worker with a tour guide side hustle.
Justin Sullivan/Getty ImagesSegments From This EpisodeJoe Raedle/Getty ImagesThe Bureau of Labor Statistics reported just 57,000 new jobs in June. Economists had expected double that.
Patcharin Saenlakon/Getty ImagesWages are growing, but not as quickly as they were at this time last year, according to the latest numbers from the Bureau of Labor Statistics. It’s hard to get a raise when people aren’t changing jobs.
Amy Scott, host of the podcast "How We Survive," reports on a company that's working on de-extinction innovation to try and bring back, for example, the woolly mammoth or the dodo.Carl Court/Getty ImagesInnovations like sewing machines or word processors didn’t lead to mass unemployment. Instead, they changed jobs and spawned new businesses.
Stu Forster/Getty ImagesSaudi Aramco's sponsorship isn't about selling more crude oil. Experts say it's about building influence, burnishing the company's reputation and supporting Saudi Arabia's broader ambitions on the world stage.
