Sep 4, 2020

The jobs picture improved again in August

A lot of people who were on temporary furlough actually got their jobs back, including those in the retail sector. Bryan R. Smith/AFP via Getty Images

But let's take a look at where the gains came from. Also, a stock sell-off headlined by tech companies — the biggest dip since June. And, a plan in the U.K. to give companies cash for hiring unemployed young people.

Segments From this episode

There were 1.4 million more people on payrolls in August, and the unemployment rate dipped. So, is there any bad news?

Christopher Low, chief economist at FHN Financial, has more.

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What's behind the awful Thursday tech stocks had?

Marketplace’s Nancy Marshall-Genzer breaks down the numbers.

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COVID & Unemployment

The U.K. has a plan to pay businesses that hire young people

by David Brancaccio , Victoria Craig and Meredith Garretson

Sep 4, 2020

Businesses get about $2,000 for every six-month placement they provide for the unemployed.

The goal is to create around 300,000 jobs and help train these entry-level workers. Pictured: U.K. Chancellor of the Exchequer Rishi Sunak at a Jobcentre Plus in London.

Anthony Upton-WPA Pool/Getty Images

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Music from the episode

Jigsaw Puzzle Blues Fleetwood Mac

The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Brian Allison Engineer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

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