Karl Baker joined Marketplace in January of 2012. Before coming to New York, he worked as a commercial fisherman, an English teacher, and a part-time reporter for KBCS radio. He's also currently a student in business and economic reporting at NYU.
A fracking-fueled job boom has erupted in parts of the U.S. and wages of gas workers have increased. But in New York fracking is banned. That hasn’t stopped an upstate New York school from offering training courses for work in gas fields, because many expect Gov. Andrew Cuomo to lift the ban.
A recent report from the Bureau of Economic Analysis about the health of the economy in the fourth quarter of 2011 shows a 20 percent spike in investment -- a sign that businesses are back to spending, not hoarding, their money.
According to the Bureau of Labor Statistics report, 11.8 percent of workers counted themselves amongst the ranks of organized labor in 2011, almost half the number recorded in 1983 -- the first year that data was available.