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Marketplace Morning Report for Thursday, January 9, 2014
Jan 9, 2014

Marketplace Morning Report for Thursday, January 9, 2014

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Congress is facing a number of deadlines in the coming weeks, and one of them involves passing a new, half trillion dollar farm bill. For months, the fight has been over cuts to the food stamp program funded through the bill, but there are also changes being considered on how the government helps prop up the price of milk. You may have met them since the Great Recession -- college grads working retail cash registers or as baristas. More than a third of recent graduates are considered "under-employed," meaning their jobs don't require degrees. But new research from the Federal Reserve Bank of New York suggests this is not a new phenomenon. And if you think times are tough now, let us walk you through 400 years of financial crisis history.

Segments From this episode

What bottles of milk tell you about the farm bill

Jan 9, 2014
As the negotiations in Congress continue on the massive farm bill, what impact does the government’s price controls of milk really have?

One thing college graduates can look forward to? Low wages and part-time jobs

Jan 9, 2014
We know about the tough job market for recent college grads, but a new report from the New York Fed finds there's a long history of high unemployment after graduation, going back decades.

Last month had the fewest layoffs in 13 years

Jan 9, 2014
The unemployment report comes out tomorrow, but there are some positive signs in advance.

Compared to 150 years of global financial history, this recession could have been worse

Jan 9, 2014
If you're someone whose job it is to study global financial crises, you might take a look at the last few years and conclude that while things were bad, they could have gotten a lot worse.

IBM’s Watson, for a billion: 'How am I about to start making tons of dough?'

Jan 9, 2014
The program hasn’t made much since winning Jeopardy, but the company says that’s about to change.

PODCAST: In Silicon Valley, failure is in

Jan 9, 2014
The unemployment report comes out tomorrow, but there are some positive signs in advance. And, in Silicon Valley, a failed start-up is often considered to be a helpful lesson in how to succeed -- next time.

A CES dispatch from Yahoo! Tech's David Pogue

Jan 9, 2014
The former New York Times tech critic talks about CES and his new job with Yahoo! Tech.

Congress is facing a number of deadlines in the coming weeks, and one of them involves passing a new, half trillion dollar farm bill. For months, the fight has been over cuts to the food stamp program funded through the bill, but there are also changes being considered on how the government helps prop up the price of milk. You may have met them since the Great Recession — college grads working retail cash registers or as baristas. More than a third of recent graduates are considered “under-employed,” meaning their jobs don’t require degrees. But new research from the Federal Reserve Bank of New York suggests this is not a new phenomenon. And if you think times are tough now, let us walk you through 400 years of financial crisis history.

The team

Stephen Ryan Producer, BBC