Sep 7, 2011

Marketplace Morning Report for Wednesday, September 7, 2011

Segments From this episode

Free trade agreements delayed by job support program

by Alisa Roth

Sep 7, 2011

The ground work for negotiating three trade agreements are beginning in Congress, but there's a political argument over a longstanding program that helps re-train workers who have lost their jobs because of foreign competition.

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Detroit hopeful for jobs action from Obama

by Quinn Klinefelter

Sep 7, 2011

President Obama visited the hard-hit Motor City earlier this week to discuss job creation initiatives.

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The 9/11 Legacy

Security costs skyrocketed in private sector after 9/11

by Jeff Horwich

Sep 7, 2011

It's estimated that U.S. private businesses have spent at least an extra $10 billion a year on security since 9/11, for even the least expected sort of threats.

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Ex-cons in Missouri get help with job placement

by David Weinberg

Sep 7, 2011

Because of new sentencing guidelines, up to 12,000 inmates around the country will be eligible for early release. A Missouri nonprofit looks to get them employed, which could help save the country from $200 million in prison expenses

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The Post Office knock-on effect

by David Gura

Sep 7, 2011

The U.S. Postal Service is pressing more than 20,000 suppliers for a total of $1 billion a year in cost cuts. Ouch.

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Yahoo, Bank of America fire top executives

by Amy Scott

Sep 7, 2011

While thousands of rank-and-file workers face layoffs every month, shakeups are also happening at the top ranks of companies. The latest cuts come at Yahoo and Bank of America, both struggling in today's tough market.

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U.K. jobs market is dire, but still slightly better than U.S.

by Christopher Werth

Sep 7, 2011

Workers across Britain are struggling to find work in any number of industries. Unemployment has made its biggest jump since 2009, and experts say the new austerity plan could make things worse.

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BBC World Service

Court rules German bailout of eurozone to be legal

by Marketplace Staff

Sep 7, 2011

Last year, the German government bailed out Greece and other eurozone countries that had run up against tough economic times. Despite the unpopularity of the measure, courts have ruled the moves legal.

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CEO turnover can revitalize companies in hard times

by Marketplace Staff

Sep 7, 2011

Yahoo and Bank of America just let go of some top level officials. And while management may not feel layoffs as much as the average worker, hard times mean less job stability for executives too.

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In troubled economy, CEOs could get the blame

by Amy Scott

Sep 7, 2011

Thousands of workers have been laid off every month this year, while businesses struggle to stay afloat. With stock prices plummeting, more CEOs may start losing their jobs.

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Jobs plan possible if Washington can reach political compromise

by Marketplace Staff

Sep 7, 2011

Jobs numbers continue to disappoint, but Washington keeps dragging without reaching any agreement to fix unemployment in the U.S. Will they soon start seeing eye-to-eye?

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Small business owners on front lines in tough economy

by Marketplace Staff

Sep 7, 2011

Why exactly do companies not want to hire these days, even if given some incentives? We talk to one small business owner who has been struggling to stay afloat in the fragile economy.