Jared Bernstein: Economy ‘Transitioning’ To A More ‘Steady, Stable’ Pace Of Economic Growth

Jared Bernstein, a member of the White House Council of Economic Advisers, joins Andrea Mitchell to share his takeaways from the new jobs report released this morning showing that the economy added 372,000 jobs in June, exceeding expectations. “The pace of wage gains, if you look at quarterly rates, actually slowed a bit in the second quarter, from 5.2% in the first quarter to 4.3% in the second quarter,” says Bernstein. “That deceleration is very much in the spirit of what the President is talking about when he talks about transitioning from a breakneck pace of economic growth to one that's a more steady, stable transition.”

» Subscribe to MSNBC: http://on.msnbc.com/SubscribeTomsnbc

MSNBC delivers breaking news, in-depth analysis of politics headlines, as well as commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Morning Joe, Meet the Press Daily, The Beat with Ari Melber, Deadline: White House with Nicolle Wallace, The ReidOut, All In, Last Word, 11th Hour, and more.

Connect with MSNBC Online
Visit msnbc.com: http://on.msnbc.com/Readmsnbc
Subscribe to MSNBC Newsletter: http://link.msnbc.com/join/5ck/msnbc-daily-signup-youtube
Find MSNBC on Facebook: http://on.msnbc.com/Likemsnbc
Follow MSNBC on Twitter: http://on.msnbc.com/Followmsnbc
Follow MSNBC on Instagram: http://on.msnbc.com/Instamsnbc

#Jobs #Economy #MSNBC

Видео Jared Bernstein: Economy ‘Transitioning’ To A More ‘Steady, Stable’ Pace Of Economic Growth канала MSNBC