In this episode, we delve into the latest US jobs report, revealing a surprising increase in nonfarm payrolls for May 2025. Despite this positive news, global economic growth is projected to slow, with inflation concerns rising due to increased trade costs. We explore the implications of these trends with expert analysis and discuss the OECD's sobering economic outlook for the coming years. Join us for a comprehensive look at the current state of the global economy and what it means for the future.

Sources:
https://www.bls.gov/news.release/archives/empsit_06062025.htm
https://www.forex.com/en-us/news-and-analysis/us-non-farm-payrolls-nfp-report-preview-may-2025/
https://www.bls.gov/news.release/empsit.nr0.htm
https://www.morningstar.com/economy/may-us-jobs-report-139000-rise-payrolls
https://www.fxstreet.com/news/nonfarm-payrolls-set-to-show-us-labor-market-weakened-in-may-as-tariff-policy-weighs-202506060500
https://www.fxstreet.com/news/nonfarm-payrolls-set-to-show-us-labor-market-weakened-in-may-as-tariff-policy-weighs-202506060500
https://www.morningstar.com/markets/forecasts-may-jobs-report-show-employers-cautious-tariff-impact-yet-be-felt
https://www.forex.com/en-us/news-and-analysis/us-non-farm-payrolls-nfp-report-preview-may-2025/
https://www.bls.gov/news.release/archives/empsit_06062025.htm
https://www.bls.gov/news.release/empsit.nr0.htm
https://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en.html
https://www.oecd.org/content/dam/oecd/en/publications/reports/2025/06/oecd-economic-outlook-volume-2025-issue-1_1fd979a8/83363382-en.pdf
https://www.statista.com/chart/34558/global-gdp-growth-projections/
https://www.oecd.org/en/publications/2025/06/oecd-economic-outlook-volume-2025-issue-1_1fd979a8/full-report/general-assessment-of-the-macroeconomic-situation_3e68d1e3.html
https://www.foxbusiness.com/economy/us-economic-growth-forecast-cut-sharply-oecd-due-higher-tariffs
https://www.oecd.org/en/data/insights/statistical-releases/2025/06/consumer-prices-oecd-updated-5-june-2025.html
https://democrats.org/news/icymi-trumps-disastrous-economy-is-only-going-to-get-worse/
https://www.euronews.com/business/2025/06/03/oecd-outlook-can-the-global-economy-survive-trade-pressures-in-2025
https://www.oecd.org/en/about/news/press-releases/2025/06/global-economic-outlook-shifts-as-trade-policy-uncertainty-weakens-growth.html
https://tradingeconomics.com/country-list/inflation-rate?continent=g20.