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Who’s hurt the most by a cooling job market?

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A masked waiter serves patrons.

A waiter works at a restaurant in Alexandria, Virginia, on June 3, 2022. - US employers added 390,000 jobs last month, the US Labor Department reported on June 3, 2022, a sign of a slowdown in hiring but still a better-than-expected result. Restaurants and hotels that were decimated due to Covid-19 showed a strong recovery in May, adding 84,000 positions, the data showed. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images) Olivier Douliery/AFP via Getty Images

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Segments From this episode

Lowest-paid workers will likely feel the pinch of cooling economy first

by Mitchell Hartman Jun 23, 2022
Those same workers have seen their wages grow faster than the overall average in the last year thanks to the labor shortage.

New York state awaits governor's decision on partial crypto mining moratorium

by Lily Jamali Jun 23, 2022
The 2-year moratorium prevents the repurposing of fossil-fuel burning power plants into crypto mining operations.

Here's why the CFPB is concerned about credit card late fees

by Justin Ho Jun 23, 2022
Credit card companies can change their fees based on inflation.
A Warmer World

Feds tell western states to cut back on water from Colorado River — or else

by Savannah Maher Jun 23, 2022
"This is scary stuff," one researcher tells us.

Biden asks companies "setting those gas prices" to lower them. Can they?

by Kristin Schwab Jun 23, 2022
Gas stations are usually separate from the big oil conglomerates whose names they carry. Owners are often individuals with some control over what you pay at their pumps — but not much.

Soaring UK inflation tops 9%, fuels labor unrest

by Stephen Beard Jun 23, 2022
The Ukraine war and the impacts of the pandemic sparked a global spike in prices. Britain is grappling with the domestic consequences.

Music from the episode

Dive Out Mono/Poly
Tarova Snarky Puppy
Poison Beyoncé
Lemon Lime Emancipator, Cloudchord
All Of Your Love Germany Germany Feat. Kotomi
Recycled Air The Postal Service

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