Charlottesville, VA (CVILE RIGHT NOW) – CBS Business Analyst Jill Schlesinger provided insights on the economy on WINA Morning News, highlighting significant November job gains after a weak October report. “In November, we come roaring back with 227,000 jobs,” Schlesinger noted, explaining the importance of averaging the two months for a clearer picture of labor market trends.  

She emphasized the Federal Reserve’s efforts to slow the labor market without stalling economic growth. “Wages are up faster than the inflation rate, so all these things are good signs for the economy,” Schlesinger explained, adding that the labor market remains healthy despite challenges in some sectors. 

Schlesinger also addressed the divide between financial markets and the broader economy, noting that “the economy moves in big broad cycles,” while markets react much faster. Her analysis reinforced optimism about the economy’s resilience heading into the final quarter of 2024. 

Listen here for the full conversation: