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Marketplace®

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May 7, 2021

Making sense of a disappointing jobs report

Economists expected 1 million new jobs in April. We added 266,000. Also on the show, why the Federal Reserve is pointing to risks in the current economy and we hear from restaurants in Texas finding it hard to attract staff.

“About 91% of restaurants report openings they can't fill,” said Emily Williams Knight with the Texas Restaurant Association. — “About 91% of restaurants report openings they can't fill,” said Emily Williams Knight with the Texas Restaurant Association.
Joe Raedle/Getty Images

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Segments From This Episode

The Weekly Wrap: About that jobs report
“Marketplace” host Kai Ryssdal speaks with Nela Richardson, chief economist at ADP, and Heather Long, economics reporter at the Washington Post, about the why the April jobs report missed the mark and what it might say about the state of the recovery.
What’s it going to take to juice U.S. job growth?
by Mitchell Hartman
Patrick T. Fallon/AFP via Getty Images
The pandemic’s still weighing down the economy, despite some encouraging signs.
Federal Reserve points to risks in the current economy
by Justin Ho
Johannes Eisele/AFP via Getty Images
Soaring asset prices, as in the stock market, and risky bets by financial firms could be vulnerabilities.
United States of Work: Rocio Montano
On this segment of our ongoing series “United States of Work,” we hear from construction worker Rocio Montano about how she’s using extra time and money saved during the pandemic to further her education.
Restaurants in Texas are finding it hard to attract staff
by Andy Uhler
Joe Raedle/Getty Images
Restaurants across the state are in fierce competition for workers — most of whom, post-COVID-19, want safer and better-paying jobs.
An hour from the nation’s capital, a different infrastructure debate
by Kimberly Adams
Kimberly Adams/Marketplace
In a rural community within 40 miles of Washington, dozens of families live without potable running water.

Music from the episode

The Team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Sean McHenry Director & Associate Producer II

Making sense of a disappointing jobs report