Download
HTML Embed
HTML EMBED
Click to Copy
Make Me Smart with Kai and Molly

Episode 136: VC hype vs. Wall Street

Oct 22, 2019

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report

Brexit déjà vu

Oct 21, 2019
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Tech

Private sector adds few jobs in June

Marketplace Staff Jun 30, 2010
Share Now on:
HTML EMBED:
COPY

TEXT OF INTERVIEW

Bill Radke: This morning, the payroll company ADP said private employers added only 13,000 jobs this month, badly needed jobs. Most experts were predicting an additional 60,000 jobs. Joining us live is economist Richard DeKaser, president of Woodley Park Research. He’s with us every Wednesday from Washington, D.C. Good morning.

Richard DeKaser: Good morning, Bill.

Radke: Richard, the economic signs seem to be getting more ominous. How foreboding is this private jobs report?

DeKaser: Well, I think what it does, Bill, is it confirms what we’ve seen in a variety of different places — housing, consumer spending have each been showing signs of weakness. And now we see that tipping over into the labor market and probably the expiration of tax credits is why we’re seeing this.

Radke: So here’s what I want to know — Congress is having an argument about this right now. Is unemployment so bad that it’s worth the government going into even more debt to extend employment benefits again? Does this news settle this question?

DeKaser: I think it does. I was convinced before today’s report. What’s clear is that the economy — though it continues to expand — is not on firm ground, still requiring support from various forms of government stimulus. There is no better stimulus than giving benefits to unemployed workers. They spend virtually every dime they can get their hands on. So that’s probably the best way to be sure to provide funds that do directly support economic growth.

Radke: OK. Clear opinion on that. Economist Richard DeKaser of Woodley Park Research, thank you.

DeKaser: My pleasure.

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.

Check Your Balance ™️
Check Your Balance ™️
Personal finance from Marketplace. Where the economy, your personal life and money meet.

Thank you to all the donors who made our fall drive a success!

It’s Investors like you that keep Marketplace going strong!