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Nela Richardson

Latest Stories (7)

Is the United States ready for an older workforce?

An aging population has transformed the local economy of Cumberland County, Tennessee. What lessons can be learned for the broader economy?
Malena Fisher at the Palace Theatre in Crossville, Tennessee, where retirees are the core customer base.
Maria Hollenhorst/Marketplace

In Crossville, Tennessee, higher living costs are a “hard pill” to swallow

Two community outposts in the town of Crossville aim to ease the stresses of seniors on fixed incomes.
The Save a Lot grocery store in Crossville, Tennessee, offers discount shopping for seniors five days a week.
Maria Hollenhorst/Marketplace

In Tennessee county, an aging population means business opportunity

Leisure activities are a big theme with Cumberland County's growing retirement community.
Fairfield Glade has become a popular retirement destination.
Andie Corban/Marketplace

Welcome to Cumberland County, Tennessee, the “future” of the U.S. economy

If demographics are destiny, then what’s happening here is eventually going to play out all over the country.
As the U.S. labor force ages, more and more places are going to look like Cumberland County, Tennessee. Above, a marine in Cumberland County that primarily serves retirees.
Maria Hollenhorst/Marketplace

On Buffalo’s east side, inflation intensifies the daily struggle to buy food

“I have to get less food,” one shopper said. “So I plan very carefully with my food stamps.”
Shoppers at a mobile farmers market in east Buffalo, New York, where many residents struggle with access to grocery stores.
Brandon Watson

What we found in Buffalo, NY: Courage, innovation and a larger story behind the data

Nov 2, 2022
“This was the first time I saw the data match to a human experience,” says Nela Richardson, ADP’s chief economist.
Nela Richardson, ADP chief economist, talks with "Marketplace" host Kai Ryssdal inside Taste of Soul, a restaurant in Buffalo, New York. “I think there's a detachment between the number, the data, and the people who those numbers represent,” Richardson says.
Brandon Watson

An economic "hope story" in Buffalo, New York

Over the past few years, pay for low-wage workers in the city has risen more than 40%, according to one analysis.
In Buffalo, there is "the sense that low-wage workers are doing better than inflation," says Nela Richardson of ADP, walking down Elmwood Avenue with "Marketplace" host Kai Ryssdal.
Brandon Watson