Jul 2, 2021

Employers say they can’t fill jobs, but wages are still pretty stagnant

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Even though employers say they can't find people available to work right now, there isn't evidence of a widespread labor shortage, according to one economist we spoke to. We'll explain. Plus, President Joe Biden's plan for a global minimum corporate tax is one step closer reality. And, a plan for changing college admissions that one professor argues would help even the playing field: a lottery system.

Segments From this episode

COVID & Unemployment

Labor shortage? Wage data sends mixed signals.

by Mitchell Hartman

Jul 2, 2021

Wages across the board would rise amid a widespread labor shortage, one economist says. But we're seeing pockets of wage growth.

Mario Tama/Getty Images

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130 countries back plan for global minimum tax on companies

Marketplace’s Nova Safo reports.

global minimum tax rate
corporate tax

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Admission by lottery: A proposal to reimagine college acceptance

by Andy Uhler and Erika Soderstrom

Jul 2, 2021

Harvard's Michael Sandel says a lottery conveys "what is true in any case: that luck matters as much as effort in admission."

"College is not the engine of upward mobility we assume it to be," says Harvard professor Michael Sandel. He says a lottery for admissions would change that.

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Music from the episode

New Frontier Donald Fagen

The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Rose Conlon Producer

Brian Allison Technical Director

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