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Marketplace All-in-One

A frank conversation about the subminimum wage

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 4 September 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

A new Washington Post investigation examines a program in which workers with disabilities are employed for much less than minimum wage — sometimes less than a dollar an hour. It’s legally sanctioned and aimed at training people with disabilities to work and eventually go on to higher-paying jobs. But it doesn’t always work out that way. Plus, entrepreneurs are getting their turn in the political spotlight, and markets respond to a weak manufacturing report.

Transcript

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0:00.0

Small businesses are getting some big attention from Marketplace.

0:05.7

I'm Sabrie Benashore and for David Brancaccio.

0:08.0

Entrepreneurs are getting their turn in the political spotlight.

0:11.3

Later today, Vice President Kamala Harris is scheduled to unveil a new plan to support small

0:15.2

businesses.

0:16.2

This comes just as the Treasury Department unveils a new post-pandemic pulse check on small

0:20.3

business owners, marketplaces Nancy Marshall Genser reports.

0:24.0

The Treasury Department looks at the health of small businesses before the pandemic, that is when

0:28.6

former President Trump was in office, and now.

0:31.6

It says there are now more than 400,000 new business applications

0:35.4

a month, 50% more than in 2019. The Treasury Department report also points to

0:40.7

arise in the Small Business optimism index from the National Federation of

0:45.1

Independent Business. Treasury says it's now at its highest level in two years, but it's still

0:50.6

hard for small businesses to get a loan.

0:53.4

Goldman Sachs would like that to be a topic at the debate next week between Trump and Vice President

0:58.7

Harris.

0:59.5

Goldman's 10,000 small businesses voices non-profit, unveiled a

1:03.9

billboard in Times Square Monday calling on the debate

1:07.1

moderators to ask the candidates about credit for small

1:10.4

businesses, workforce development, and how to make child care more accessible

1:15.0

for employees.

1:16.0

I'm Nancy Marshall Genser for Marketplace.

...

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