For 91.9 KVCR News, I'm Madison Aument. This is Economics IE. Each month, IEGO, a nonprofit focused on economic growth in the Inland Empire, publishes the IE Labor Market Pulse. The newsletter analyzes monthly employment data to give readers insight into the IE labor market. Today, I'm speaking with Matt Mena, who's IEGO's Executive Director, about last month's job numbers.
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The president's highly unusual announcement underscores the Trump administration's desire to take control over U.S. businesses.
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After Canadian Prime Minister Mark Carney announced he would lower tariffs, President Trump said "We want to be very good to Canada. I like Carney a lot. I think he's a very good person."
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As President Trump's tariffs kick in, American companies that rely on imports are worried about rising costs and passing them on to consumers. But some U.S. exporters are worried too.
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Critics warn that Trump's demands for business leaders to step down, and for the government to take a cut of sales, threaten American-style capitalism.
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Economics IE
Economics IE is a weekly KVCR radio segment where we talk to economists from the Inland Empire to help take the temperature of the region's economic situation.