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Mar 10, 2017

03/10/2017: What does (almost) full employment really feel like?

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We got the jobs numbers for the first full month of the Trump administration today: 235,000 jobs, and 4.7 percent unemployment. We'll talk about what that means in the Weekly Wrap, and then look at the folks who still cant' find work as we near "full employment." Plus, oil's public image problems and one very expensive field trip.

Segments From this episode

With full employment in view, who’s still looking for work?

Mar 10, 2017
We’re getting awfully close to what economists call full employment. It means that unemployment is low enough that everyone who wants a job can pretty much find one. So if you push the unemployment rate a whole lot lower, you start to get imbalances in the economy, like acute labor shortages in some sectors and […]

Big oil is seeking public trust

Mar 10, 2017
The corporate world seems on track to address the issue of climate change even as the Trump administration questions much of the research around its validity. Shell corporation says it’s not just boosting its renewable investments to $1 billion, it’s also tying board member pay to greenhouse gas emissions reductions. It’s not uncommon for fossil […]

Using bitcoin's technology to wrangle widespread medical records

Mar 10, 2017
Blockchain's 'disruptive' potential excites the health care industry.
The digital database system blockchain could offer a more comprehensive and safer approach to how doctors access patient medical records. Above, a doctor prepares a prescription on a computer.
Adam Berry/Getty Images

Weekly Wrap: GOP health care plan and Trump's budget

Mar 10, 2017
David Gura of Bloomberg and Leigh Gallagher of Fortune join us to discuss the week’s business and economic news. This week, they talk about opposition to the new GOP health care plan and details of President Donald Trump’s budget proposal.   Stories You Might Like Remember not to leak any information about the monthly jobs […]
Speaker of the House Paul Ryan (R-WI) explains the Republican plan to replace the Affordable Care Act during his weekly press conference at the Capitol yesterday in Washington, D.C.
Win McNamee/Getty Images

Why Wake Forest University gave six students $100,000

Mar 10, 2017
Every four years, the North Carolina school sends undergraduates to on an art-acquisition trip.
Six undergraduate students from Wake Forest University are buying $100,000 worth of artwork for their school’s art collection.
Ken Bennett/Wake Forest University

The jobs numbers were never phony

Mar 10, 2017
Trump cast doubt on government data repeatedly and without evidence during the campaign.
White House Press Secretary Sean Spicer takes questions from reporters during his daily press briefing in the Brady Press Briefing Room at the White House March 10, 2017 in Washington, DC.
Chip Somodevilla/Getty Images

We got the jobs numbers for the first full month of the Trump administration today: 235,000 jobs, and 4.7 percent unemployment. We’ll talk about what that means in the Weekly Wrap, and then look at the folks who still cant’ find work as we near “full employment.” Plus, oil’s public image problems and one very expensive field trip.

Music from the episode

Palest Pearl Pure Bathing Culture
Atrophies Blanck Mass
Sugar April March
Cenote Wax Future
Dilettante St. Vincent
I Sat By The Ocean Queens of the Stone Age