The job market is back at pre-pandemic levels
Aug 5, 2022

The job market is back at pre-pandemic levels

A breakdown of the surprisingly strong July jobs report and what it means for everyone from job seekers to policymakers at the Federal Reserve. Plus, home robots and the return of Claire's.

Segments From this episode

The Weekly Wrap

Marketplace host Reema Khrais speaks with Jeanna Smialek at the New York Times and Sudeep Reddy at Politico about the unexpectedly strong labor market and what it means for monetary policymakers at the Federal Reserve.

Employment's back to pre-pandemic levels with more than 500,000 new jobs added in July

Aug 5, 2022
There were even job gains in construction and finance, which were expected to slow down. Wages grew again too.
Employers added double the number of jobs economists were expecting in July, with big hiring increases in leisure and hospitality, health care and retail.
Justin Sullivan/Getty Images

How teen mall hot spot Claire’s went from bankruptcy to IPO filing

Aug 5, 2022
The chain has benefited from '90s fashion trends, a good supply chain and looking outside of malls, says Elizabeth Segran of Fast Company.
Claire's has a team of "trend spotters" who travel the world looking for the next popular thing, says Elizabeth Segran of Fast Company. 
David McNew/Getty Images

Business school felt like a better bet than art, but an adviser encouraged her to take the plunge

Aug 5, 2022
"I know that art is something that I'm very interested in, but I wasn't sure if I was going to be able to make money doing it," says Devin Tormey.
Devin Tormey paints wedding scenes live.
Casey Durgin Photo

Music from the episode

Return of the Mack Mark Morrison
Stay Tuned Wuh Oh
The Sign Ace of Base
Everything Now Arcade Fire

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Andie Corban Producer I
Sean McHenry Director & Associate Producer II
Richard Cunningham Associate Producer I
Dylan Miettinen Associate Digital Producer