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Marketplace®

Daily business news and economic stories
Dec 7, 2024

Wrapping up the 2024 job market

Economists name the songs that best describe the labor market this year. Plus, Texans fortify their homes against blackouts.

Wrapping up the 2024 job market
Kevin Mazur/Getty Images for Philymack

Segments From This Episode

  • The Weekly Wrap

    by Kai Ryssdal

    “Marketplace” host Kai Ryssdal talks with Sudeep Reddy at Politico and Heather Long at The Washington Post about this week’s jobs data and what it means for the Fed’s next interest rate decision.

  • Holiday retail hiring has dipped as online shopping has grown.
    Frederic J. Brown/AFP via Getty Images

    Fewer workers may be needed in stores as online shopping and automation make gains. Retail jobs have fallen as a result.

  • Texas residents are trying to better prepare their homes for winter storms and power outages.
    Michael Busch/AFP via Getty Images

    A home builder and an electricity retailer are partnering to install backup power batteries in new homes as Texans brace for potential outages this winter.

  • Foreign-born workers make up a quarter of the overall construction workforce, according to the Home Builders Institute.
    Amy Scott/Marketplace

    About a quarter of construction workers are immigrants. They may be vulnerable at a time when more housing is needed across the country.

  • This week, Spotify dropped its annual Wrapped, which lists users' most-played songs and artists of the year.
    Illustration by Jordan Mangi/Marketplace | Photos Dimitrios Kambouris, Timothy Norris, Scott Legato/Getty Images

    We asked economists which songs embodied the American labor market in 2024.

The Team

Wrapping up the 2024 job market