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The economy gained 850,000 jobs in June
Jul 2, 2021

The economy gained 850,000 jobs in June

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That's better than expected. One economist says this is clear evidence that if there are problems in hiring, it's because the economy is reopening so quickly, and bringing back millions of workers will take time. We also look at wage growth in the U.S. economy, where it's concentrated and what it says about the state of the labor market. Also, AAA predicts a record number of Americans will travel by car this July Fourth weekend. Meanwhile, gas prices are expected to be at their highest levels since 2014. Plus, the bipartisan infrastructure deal could bring back a tax on toxic chemicals that expired in 1995. And, a roadmap from U.K. officials for how Britain plans to attract business in a post-Brexit world.

Segments From this episode

The economy is reopening quickly. Hiring back workers is going to take time.

Christopher Low, chief economist at FHN Financial, breaks down the hiring and unemployment data from June.

Labor shortage? Wage data sends mixed signals.

Jul 2, 2021
Wages across the board would rise amid a widespread labor shortage, one economist says. But we're seeing pockets of wage growth.
Mario Tama/Getty Images

Americans are hitting the roads again for July 4th

Jul 2, 2021
But will high gas prices make a difference in what they drive and where they go?
Fourth of July weekend gas prices for 2021 are expected to be the highest since 2014.
Scott Olson/Getty Images

Chemical tax to clean up toxic sites gets new life as part of infrastructure deal

Jul 2, 2021
Environmental justice groups hope the deal will restore a funding source to clean up Superfund sites: an excise tax on chemicals.
Revenue from a new excise tax on chemicals like Benzene and Mercury would go into the Environmental Protection Agency’s Superfund to clean up hazardous sites.
Justin Sullivan/Getty Images

U.K. shares plan to strengthen global business ties in post-Brexit world

The BBC's Victoria Craig, host of the global edition of "Marketplace Morning Report," has more.

Music from the episode

Baby's Eyes Neon Indian

The team

Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Engineer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Erika Soderstrom Producer/Director