Marketplace Morning Report for Friday, February 7, 2014
The facilities for the Winter Olympics in Sochi, Russia cost an estimated $50 billion to build. Some experts at the Carnegie Moscow Center, a public policy research group, are among those claiming that process was riddled with corruption. With the Sochi Opening Ceremony due to start in about four hours, we explore the issue. Meanwhile, the official report on employment and unemployment in America is due today. If it comes in light, fewer than 170,000 extra names on payrolls, the experts will blame the weather. Meanwhile, the number of jobless Americans who've lost their extended unemployment benefits has swelled to 1.7 million. Long term unemployed people are confronting what happens when a safety net of last resort, disappears.