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Mitchell Hartman

Correspondent

Mitchell’s most important job at Marketplace is to explain the economy in ways that non-expert, non-business people can understand. Michell thinks of his audience as anyone who works, whether for money or not, and lives in the economy . . . which is most people.

Mitchell wants to understand, and help people understand, how the economy works, who it helps, who it hurts and why. Mitchell gets to cover what he thinks are some of the most interesting aspects of the economy: wages and inflation, consumer psychology, wealth inequality, economic theory and how it measures up to economic reality.

Mitchell was a high school newspaper nerd and a college newspaper editor. He has worked for The Philadelphia Inquirer, WXPN-FM, WBAI-FM, KPFK-FM, Pacifica Radio, the CBC, the BBC, Monitor Radio, Cairo Today Magazine, The Jordan Times, The Middletown Press, The New Haven Register, Oregon Business Magazine, the Reed College Alumni Magazine, and Marketplace (twice — 1994-2001 & 2008-present).

Mitchell has gone on strike (Newspaper Guild vs. Knight Ridder, Philadelphia, 1985) and helped organize a union (with SAG-AFTRA at Marketplace, 2021-23). Mitchell once interviewed Marcel Marceau and got him to talk.

Latest from Mitchell Hartman

  • The producer price index for January rose 0.4 percent month-to-month, and 2.7 percent year-to-year. Core producer prices, excluding volatile food and energy prices, were up 2.2 percent year-to-year. Producer prices remained muted after the Great Recession as economic growth was sluggish, but upward price pressure appears to be building at both the wholesale and retail […]

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  • The pace of wage growth increased in January, with average hourly earnings up 2.9 percent year-over-year, according to the Labor Department’s monthly Employment Report. But real, inflation-adjusted wages have been nearly stagnant for decades, rising just 7 percent for the median household over the past 40 years, according to analysis by the Economic Policy Institute. […]

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  • The pace of job creation has declined every year since a post-recession peak of 250,000 per month in 2014. Last year, job creation was down to about 170,000 per month. And it could slow even more over the next couple of years. That’s because with unemployment so low, employers are having a harder time finding […]

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  • Gross domestic product in the fourth quarter of 2017 rose 2.6 percent on an annualized basis, compared to 3.2 percent in the third quarter, according to the Bureau of Economic Analysis. The rate of economic growth for the 2017 calendar year was 2.3 percent, compared to 1.5 percent in 2016. Several components of GDP were particularly strong […]

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  • Foreclosure activity fell in 2017 to a 12-year low, according to a new report by ATTOM Data Solutions. In 2017, 0.5 percent of all U.S. residential properties were in some stage of foreclosure — notice of default, scheduled auction or bank repossession. That’s down from a peak of 2.2 percent at the height of the […]

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  • The Consumer Price Index rose 0.1 percent in December from the previous month. The “core” inflation rate — excluding volatile food and energy prices — rose 0.3 percent month-to-month. That’s the largest increase since January 2017, and was higher than economists expected. But does it mean we’re beginning to see a serious uptick in inflation?  […]

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  • Rent or own? The affordability conundrum
    Scott Olson/Getty Images

    “Comparing whether to buy or rent is really picking the lesser of two affordability evils,” says ATTOM Data Solutions' vice president.

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  • The December jobs report, in the grand sweep of things — not month to month, but year to year and even decade to decade — shows the economy’s come a long way. Unemployment, at 4.1 percent, is now several points lower than it was before the Great Recession hit. We’ve had more than seven years […]

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  • The latest unemployment number for December comes out today (Friday, Jan. 5th). With the ranks of the unemployed declining in 2017, it’s getting harder for employers to add jobs and find qualified candidates to fill them. So some employers are starting to settle for candidates they might have overlooked in the past. Maybe employers are […]

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  • In an increasingly tight labor market, Cup & Saucer Cafe in Portland, Oregon, is always looking to hire new wait staff. The manager of this location — one of three in the city — said skilled short-order cooks are in especially short supply these days.
    Mitchell Hartman/Marketplace

    With growing labor shortages in some industries, companies may have to limit their growth.

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