Tricks of the TradeTrump's Second TermMy EconomyI've Always Wondered ...

Loading...

0:00
0% played
Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!
Support Marketplace Morning Report
Marketplace Shop
ABOUT SHOW
A proposal to eliminate unemployment
Jun 16, 2020

A proposal to eliminate unemployment

Share Now on:
Share
HTML EMBED:
COPY
HTML EMBED
Download
Since pandemic lockdowns began, at least 30 million Americans have been approved to receive state or federal unemployment benefits. Cindy Ord/Getty Images
Retail sales jumped by nearly 18% in May, more than double the forecasts. Federal Reserve Chair Jerome Powell starts two days of congressional testimony today. And, in our Reimagining the Economy project, the case for a job guarantee.

Segments From this episode

COVID-19

Retail sales soar 17.7% in May, although they're still down compared to last year

by Marielle Segarra
Jun 16, 2020
Overall, retail sales are down by 6% compared to May 2019.
With lockdowns lifting, economists expected May retail sales to jump. But not by this much.
Stephanie Keith/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
COVID-19

Fed Chair Powell to report to Congress on the COVID-19 economy

by Nancy Marshall-Genzer
Jun 16, 2020
He's expected to elaborate on his pessimistic forecast that millions of people who have lost their jobs during the pandemic may not get them back.
Federal Reserve Chair Jerome Powell
Mark Makela/Getty Images
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Reimagining the Economy

The effects of unemployment spread like a virus

by David Brancaccio and Candace Manriquez Wrenn
Jun 16, 2020
A possible cure for the economic crisis caused by the pandemic? The job guarantee. Pavlina Tcherneva of Bard College explains the job-creation idea.
The job guarantee concept is simple: For everyone who wants a job, a job will be provided by the government.
Joe Raedle/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Music from the episode

Pharaoh Elior

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

Latest Episodes From Our Shows

4:48 PM PST
27:39
4:31 PM PST
29:42
8:27 AM PST
9:04
Nov 19, 2024
12:50
Nov 19, 2024
32:24
Nov 12, 2024
15:26
Oct 24, 2024
36:20
Data shows more loans are being rejected — but why?
Data shows more loans are being rejected — but why?
How advanced are China's self-driving taxis?
How advanced are China's self-driving taxis?
How one female CEO landed angel investments
How one female CEO landed angel investments
How economic inequality has and hasn't changed since the pandemic
How economic inequality has and hasn't changed since the pandemic