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Marketplace Tech

The gray market: An invisible $2 trillion economy

Raghu Manavalan Jun 20, 2014
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When jobs are tough to find and salaries remain stagnant, sometimes people turn to something else to make ends meet. Maybe they start playing poker, or stripping or even selling Tupperware under the table to pay their bills — not necessarily illegal, but not necessarily mainstream.

According to Edgar Feige, economics professor at the University of Wisconsin-Madison, unreported income totals $2 trillion in the U.S. That includes illegal activities like drug dealing, but it also includes side jobs like nannies and eBay sellers.

We want to hear stories of the little and big things you did for money in this gray area. Email us or leave a comment. 

Dan Szematowicz, Senior Producer of Marketplace Weekend, shares his story of how he pulled through leaner times early in his career:

A group of friends and I went to the local casino for an evening of shenanigans and tomfoolery. Next thing I know, I’m sitting at a poker table playing VERY low stakes Texas hold’em.

Over the next few hours, the stack of chips in front of me grew. Beginner’s luck, right?

I enjoyed the game, so I went back the next weekend. Same result. I studied the game, constantly practiced and steadily moved up in stakes. After a few months, I was making significantly more money from playing poker than I was from my more respectable job. That extra money allowed me to bridge the gap between what I was pulling down from my entry-level radio job, and the bills that needed to be paid. In turn, that gave me the feeling of security that I needed to concentrate on growing my radio career.

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.

We’re counting on you today!

Marketplace helps you stay financially responsible all year, now we need YOUR help to keep our budget on track.
Donate NOW to help us hit our target of 2,500 Marketplace Investors by June 30!