Why unemployment remains low even as layoffs tick up
Jan 23, 2023

Why unemployment remains low even as layoffs tick up

Hint: It has to do with the tight job market and old unemployment systems. Plus, an MBA class tackles uncomfortable workplace conversations.

Segments From this episode

Layoffs are up, first-time jobless claims are down. What gives?

Jan 23, 2023
The job market is still tight, so many who've lost jobs rejoin the workforce fast. Others aren't eager to deal with the unemployment insurance system.
Despite layoffs at big tech and finance companies, first-time jobless claims recently fell to 190,000 — a level rarely seen since the pandemic hit in 2020.
Eblis/Getty Images

Business economists seem a little more optimistic, survey finds

Jan 23, 2023
A majority still think the country is headed for a recession. But the majority's shrinking.
A little more than half of economists surveyed by the National Association for Business Economics expect a recession, down from about two-thirds in October.
Michael M. Santiago/Getty Images

Banks want in on digital wallets — and the consumer data that comes with them

Jan 23, 2023
Seven banks, including Wells Fargo and Capital One, are launching a competitor to services like Apple Pay and PayPal later this year.
Banks are slated to unveil a new digital wallet later this year, aimed at competing with services like Apple Pay.
Duane Prokop/Getty Images for MasterCard

What would a common currency mean for Brazil and Argentina?

Jan 23, 2023
The eurozone, the world's largest currency bloc, is both a blueprint and cautionary tale for the two countries.
Argentina's inflation rate hit a three-decade record of 95% last year. Above, Argentine pesos in a bill-counting machine.
Luis Robayo/AFP via Getty Images

This grad course teaches MBA students how to handle conflict at work

Jan 23, 2023
Role-playing is key in training to fix interpersonal problems on the job. "It's not about being right or wrong, it's being effective," a facilitator says.
"Managing up" is a challenging part of workplace relationships. "There's the power dynamics of, 'What if I tell this person this and then am I gonna get fired?'" said Bree Jenkins, a facilitator of Difficult Conversations: Conflict Lab.
Sean Gallup/Getty Images

Music from the episode

Told You So Paramore
Pina Colada Freddie Joachim
The Death of Us Theo Katzman
Circles Post Malone
2 the Music KAYTRANADA, Iman Omari

The team

Nancy Farghalli Executive Producer
Daisy Palacios Senior Producer
Sean McHenry Associate Producer
Andie Corban Associate Producer
Richard Cunningham Associate Producer

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