12/15/11
Marketplace for Thursday, December 15, 2011
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Episode Description:
Republican Paul Ryan and Democrat Ron Wyden have introduced a bipartisan proposal today to overhaul Medicare. The Labor Department is trying to get better working conditions for home health care workers. Gold has taken a sharp downturn over market uncertainties. Weekly jobless claims fell to the lowest level since May 2008. Department stores are back this holiday season. The EU was once the hottest club in town, but with its continuing woes and shrinking currency, who wants to join now? And we hear about the qualities of olive oil.
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Fewer people seek jobless benefits
The number of people seeking jobless benefits fell last week to the fewest since May 2008. The four-week average has fallen in 10 of the past 12 weeks.
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Home care workers may get minimum wage, overtime
The administration's proposal could help a growing industry retain workers. But some say high labor costs could limit care for the elderly and disabled.
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The scandalous world of olive oil
Tom Mueller, author of "Extra Virginity: The Sublime and Scandalous World of Olive Oil," reveals everything you should know about olive oil, including how to taste it.
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Letters: On locavore-ism and Avon's business model
Going over listeners' responses to past broadcasts. This week: More good jobs news, locavore-ism and the Avon business model
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Debt crisis tarnishes the euro club
The European Union was once the hottest international club around. Does its debt crisis and infighting make less appealing to those who have waited years to gain admission?
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Department store restaurants on the rise
From cafes to high-priced dining, it’s all the about the full shopping experience.
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Gold, once a safe haven, loses luster to cash
Gold prices have fallen sharply, erasing gains of last summer’s rally. Investors’ economic fears haven’t changed, but their safe haven asset has.
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A compromise on Medicare
Republican Congressman Paul Ryan and Democratic Senator Ron Wyden have a plan.
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