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Jobs picture in St. Louis-area bright so far this summer, [Video]

ST. LOUIS (KMOX) – The St. Louis jobs picture is brighter so far this summer.

Jerome Katz, Professor of Business at Chaifetz School of Business at SLU joined Total Information A.M. to discuss the jobs picture in the St. Louis-region and nationally says so far this summer, and a few sectors are seeing growth.

“The biggest growth was predictably in the leisure and the hospitality industry because of course, the summer push. Over 9.5% more people were employed there than a month before,” said Katz. “Education and Health are also seeing growths, which was up about 3%.”

Katz says the overall job market has looks much different to the Great Resignation after the pandemic, but some people are still looking at quickly changing jobs.

“People changing jobs quickly and frequently to try to bump their salaries up a lot has begun to calm down,” said Katz. “But in fact, the job market is …

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How China Is Rewiring Its Faltering Economy [Video]

Xi Jinping has a plan to fix his country’s faltering economy and offset the pain caused by the property crisis. The goal is to move up the value chain. Out with dirty, low-end manufacturing and in with new industries like solar and electric vehicles. The problem, however, is Chinese consumers aren’t spending. Also, Beijing faces a tense trade and geopolitical landscape with the US and Europe.00:00 Introduction 01:05 China’s growth story 01:54 Solar firm GCL 02:50 Hi-tech sectors04:05 Tariffs and weak consumption07:09 Model of success If you want to read more on China’s “great rewiring,” click here: https://trib.al/25srtVZFor more on Xi Jinping’s plans for the Chinese economy, click here: https://trib.al/4zPyDoh Sign up here for the Next China newsletter to get Bloomberg’s weekly dispatches from Beijing: https://trib.al/kX4Zyws--------Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginalsBloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.