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Marketplace®

Daily business news and economic stories
Jan 8, 2022

December’s jobs report is a head-scratcher

We’ll also learn how to interpret the employment diffusion index and why second homes are about to become pricier.

MIAMI BEACH- NOVEMBER 05: A ' Now hiring" sign hangs near the entrance to a Fedex store on November 05, 2021 in Miami Beach, Florida. The Labor Department reported today that the U.S. job market in October showed that non-farm payrolls rose more than expected and that the unemployment rate fell to 4.6%. (Photo by Joe Raedle/Getty Images)
MIAMI BEACH- NOVEMBER 05: A ' Now hiring" sign hangs near the entrance to a Fedex store on November 05, 2021 in Miami Beach, Florida. The Labor Department reported today that the U.S. job market in October showed that non-farm payrolls rose more than expected and that the unemployment rate fell to 4.6%. (Photo by Joe Raedle/Getty Images)
Joe Raedle via Getty Images

Segments From This Episode

  • The Weekly Wrap

    The Washington Post’s Catherine Rampell and Politico’s Kate Davidson join Kai Ryssdal to chat about the latest jobs report, the Fed’s balance sheet and more of this week’s economic news.

  • Fewer jobs than expected were added to December payrolls. That can be partly explained by the difficulty in hiring workers these days.
    Joe Raedle via Getty Images

    Despite a disappointing jobs report, the news is still pretty good.

  • Upfront fees for some second-home loans could increase by as much as 3.9% starting in April. Above, beachfront vacation homes in Florida.
    felixmizioznikov via Getty Images

    Demand for vacation homes has crowded out would-be homeowners, but will higher fees make a dent?

  • The diffusion what?

    Veronika Dolar, assistant professor and labor economist at SUNY Old Westbury, talks about what the diffusion index can tell us about the state of the labor market.

  • As the number of self-employed workers expands, the IRS is requiring online payment platforms like PayPal to report transactions greater than $600. The threshold used to be $20,000.
    Eric Piermont/AFP via Getty Images

    The threshold used to be much higher.

  • Supply chain issues meet the salon chair

    We hear from Ashley Nelson in Boise, Idaho about how the pandemic has changed hair trends.

Music from the episode

The Team

December’s jobs report is a head-scratcher