Employers hired 192,000 people in March. That’s a strong showing, but not quite as high as economists had expected. The unemployment rate remained unchanged at 6.7 percent.
Christopher Low, chief economist at FTN Financial, joined us to discuss.
Also, it appears the jobs market is improving, slowly but surely. But are things really getting better on the ground? We put that question to Ron Martinez, who owns a sports bar in Los Angeles and says he’s been hiring.
Meanwhile, take-out is the theme of the day on Wall Street. GrubHub starts trading on the New York Stock Exchange today. In addition to operating its own food delivery app, GrubHub owns online food delivery site, Seamless. Grubhub shares are priced at $26 a piece — valuing the company at about $2 billion. Why is Grubhub such an attractive investment? Marketplace’s Jeff Tyler takes a look.
As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.
Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.
Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.