Afford Anything | Get Smarter With Money

← Afford Anything | Get Smarter With Money7. Aug. · 57 Min.

First Friday: We Lost 23,000 Jobs, Yet Somehow Unemployment is Down?!?!

First Friday: We Lost 23,000 Jobs, Yet Somehow Unemployment is Down?!?!7. Aug.57 Min.

#739: The U.S. just lost 23,000 jobs — and unemployment fell anyway. The numbers were strange enough that Paula broke a years-long, all-stocks habit and bought her first bond, ever.

In this month's First Friday economic roundup, Paula breaks down the jobs report, the bond market, mortgage rates, gold, and a new kind of account for kids.

Topics include:

How to make sense of a jobs report that seems to contradict itself

What actually happens when you buy a 30-year Treasury bond

Why bond yields hitting a two-decade high matters for your money

Why mortgage rates are climbing again, and what that means for housing

Why home prices are surging in some states while crashing in others

Why gold is quietly staging a comeback

What the new government-seeded kids' accounts actually do

Whether you're deciding where your next dollar should go, watching mortgage rates before a purchase, or wondering if your kid needs a new account this year, this episode gives you the full economic picture in one sitting.

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