Marketplace for Thursday, May 31, 2012
Long-term unemployment has been above 40 percent since 2010, and nearly half-a-million people have run out of extended unemployment benefits this year because of Congressional budget-cutting. What happens next? Gallup's latest data reveals that more Americans believe home prices will rise than will go down. The Federal Reserve will be celebrating its centennial with a digital archive. Retailer JCPenney may have to rethink its 'no sales' strategy. New York City Mayor Michael Bloomberg is proposing a plan to ban all super-sized sugary drinks. And Kai Ryssdal talks to U.C. Berkeley professor Enrico Moretti about the importance of geography in the creation of jobs.