Marketplace Morning Report for Wednesday, June 1, 2011

Episode Description 
Marketplace Morning Report for Wednesday, June 1, 2011

Mixed sales numbers for GM as auto industry prepares to hire

General Motors announced today that auto sales slipped in May. Kristen Dziczek, labor specialist at the Center for Automotive Research, explains today's numbers from GM, and how they will impact future hiring.
Posted In: Auto

Slow growth in private employment as home prices continue to fall

Richard DeKaser, chief economist with the Parthenon Group, explains today's job numbers from ADP, and how falling home prices are impacting the job market.
Posted In: Jobs

ADP: Private employers added just 38,000 jobs in May

According to a report today from the payroll firm ADP, private employment increased by only 38,000 in May. Mark Zandi, chief economist at Moody's Analytics, explains.
Posted In: Jobs

Jobs picture gets cloudier before key report

The number of planned layoffs at U.S. firms increased in May -- up 1.8 percent according to a report from Challenger, Gray & Christmas, Inc. CEO John Challenger explains.
Posted In: Jobs

Natural disasters cause Australia's economy to shrink

Australia's economy was hit by the biggest fall in 20 years in the first quarter, shrinking by 1.2 percent, after extreme weather struck at home and abroad.

WHO says cell phones are 'possibly carcinogenic'

The World Health Organization says mobile phone use might increase the risks of certain types of brain tumors, especially in children and teenagers.
Posted In: Health

Twitter buys AdGrok to boost ad sales

Twitter announced yesterday that it has acquired the Internet advertising startup AdGrok. The social media site hopes the partnership will boost ad revenue.
Posted In: Internet

Jared Bernstein on the debt ceiling and economic recovery

The former chief economist to the vice president talks about what he thinks will happen with the debt ceiling, and why he left his position at the White House.

Detroit places economic hopes on cruise ship dock

The city's $22 million cruise ship and ferry terminal was mostly funded through federal dollars. It could help revitalize the area's economy, but not many ships are calling in.
Posted In: Economy

Sports organizations try to tackle match fixing

Big sports organizations like the IOC, FIFA, and UEFA are grappling with how to tackle corruption as it becomes more widespread.
Posted In: Crime

U.S. and Russia to supply Afghans with helicopters

U.S. troops in Afghanistan will get 21 helicopters from Russia, who was happy to strike the deal.

Music from this show

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Guns Are Drawn
The Roots
F!RE (Put It In The Air) [Explicit]
The Knux
Collide The Tide
Chin Up Chin Up

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