03/08/13
Marketplace Morning Report for Friday, March 8, 2013
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Episode Description:
The Transportation Security Administration announced this week that it will allow small pocket knives and certain sports equipment back on planes for the first time since the 9/11 attacks. The Dow Jones Industrial Average has hit yet another all-time high -- and the world is following suit. Global shares are at their highest level since June of 2008. And Chelsea, a neighborhood in Manhattan that has long been a magnet for art, is starting to get too pricey for galleries.
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PODCAST: Jobs bloom, local farms struggle to get startup vroom
Global stocks reach a five-year high while U.S. unemployment falls to a four-year low. And, while more consumers want to buy food from small, local farms, those types of growers are having a hard time getting start-up money.
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Sequester will seriously damage job growth: Obama economic adviser
Alan Krueger, chairman of the White House Council of Economic Advisers, breaks down the latest jobs report and shares his thoughts on the sequestration.
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Unemployment falls to four-year low
The Bureau of Labor Statistics reports that the economy added 236,000 jobs last month, beating analyst expectations. The unemployment rate fell to 7.7 percent, its lowest point in four years.
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Small farms struggle for startup funding
More consumers want to buy food from small, local farms. But those types of growers are having a hard time getting start-up money.
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Opening up the tech world to women
Jessica Lawrence, director of NY Tech Meet Up, shares her views on the tech community in New York and whether or not the tech world is a boy's club.
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At South by Southwest, techies are the new rock stars
What was first known as an indie music gathering and then a music and film festival, starts out this year as very much an interactive, startup, new media hotspot.
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Unemployment falls to 7.7%, 236,000 jobs added
The Bureau of Labor Statistics is reporting that the economy added 236,000 jobs last month and the unemployment rate fell to 7.7 percent, beating analyst expectations.
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New TSA knife policy angers flight attendants
The Transportation Security Administration has announced a policy change that would allow airline passengers to carry small knives and sports equipment onto planes, beginning next month. Flight attendants and air marshals protested.
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Chelsea 2.0: Art galleries get priced out in NY
Manhattan's Chelsea neighborhood has long been a hub for art galleries. But now tech and other companies are moving in -- and rents are becoming unaffordable for the arts.
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The sequester vs. the jobs recovery
The Labor Department's jobs report for February is expected to be decent: Signs are that the labor market continues to improve. Aren't the sequester's budget cuts going to have any effect?
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