Greg Smith: Devon Funds Management Head of Retail on boost in USA job market
The Mike Hosking Breakfast · Newstalk ZB
June 9, 20245m 7s
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Show Notes
America’s employers added 272,000 jobs in May, accelerating from April - despite persistently high interest rates.
Devon Funds Management Head of Retail, Greg Smith, told Mike Hosking “Despite all this, the unemployment rate has ticked up to 4 percent.”
Smith said “We’re seeing plenty of new jobs, but some of the old ones are going – I suppose some industries are cutting back as the economy softens.”
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Topics
united states of americajob marketgreg smithdevon fundsMIke Hoskingon air