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Marketplace Morning Report for Friday, February 7, 2014
Feb 7, 2014

Marketplace Morning Report for Friday, February 7, 2014

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The facilities for the Winter Olympics in Sochi, Russia cost an estimated $50 billion to build.  Some experts at the Carnegie Moscow Center, a public policy research group, are among those claiming that process was riddled with corruption. With the Sochi Opening Ceremony due to start in about four hours, we explore the issue. Meanwhile, the official report on employment and unemployment in America is due today. If it comes in light, fewer than 170,000 extra names on payrolls, the experts will blame the weather. Meanwhile, the number of jobless Americans who've lost their extended unemployment benefits has swelled to 1.7 million. Long term unemployed people are confronting what happens when a safety net of last resort, disappears.

Segments From this episode

January jobs report: Unemployment dips, but jobs growth disappoints

Feb 7, 2014
The U.S. economy added 113,000 jobs in January, falling below analysts' expectations.

How much personal debt is too much?

Feb 7, 2014
Consumer debt is rising over all. Financial advisors say we need to keep our personal debt load at no more than 30 percent of our take-home pay.
Taking the pulse of the nation's credit health.
Philippe Huguen/AFP/Getty Images

When your safety net ... disappears

Feb 7, 2014
The number of jobless Americans who've lost their extended unemployment benefits has swelled to 1.7 million.

Shadow of corruption allegations hangs over Sochi Olympics

Feb 7, 2014
A discussion of money and corruption on this opening day for the Winter Olympics.

Dealing with unemployment after a lifetime of work

Feb 7, 2014
One woman gives a face to today's jobs numbers.

PODCAST: January jobs report

Feb 7, 2014
This months jobs report showed unemployment inching down, but fewer jobs were created than expected. And we look at how much personal debt is too much?

The facilities for the Winter Olympics in Sochi, Russia cost an estimated $50 billion to build.  Some experts at the Carnegie Moscow Center, a public policy research group, are among those claiming that process was riddled with corruption. With the Sochi Opening Ceremony due to start in about four hours, we explore the issue. Meanwhile, the official report on employment and unemployment in America is due today. If it comes in light, fewer than 170,000 extra names on payrolls, the experts will blame the weather. Meanwhile, the number of jobless Americans who’ve lost their extended unemployment benefits has swelled to 1.7 million. Long term unemployed people are confronting what happens when a safety net of last resort, disappears.

The team

Stephen Ryan Producer, BBC