A healthier wellness industry

Marketplace

News, Business

4.6 • 8.5K Ratings

🗓️ 9 February 2023

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Wellness has became an even bigger concern during the pandemic, as well as a bigger business. The last couple of years have been good for sales of vitamins, supplements and apps to help us sleep, stick to our diets and be more mindful. With hype reaching new levels, the Federal Trade Commission has decided to address the industry’s marketing ills. We’ll perform an examination. Plus, Disney rethinks its content and cost-management strategies, and fresh unemployment claims data underscores the strength of the job market.

Transcript

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0:00.0	Hey everybody, it's Kai. We've got an exciting offer for you. Now through Valentine's Day,
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0:20.0	Parents and guardians, listen up, million bazillion the podcast about money for kids and their
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0:43.9	What the heck? What the actual labor market heck? That's where we start today from American public media.
0:52.5	This is Marketplace.
1:04.0	In Los Angeles, I'm Kai. Rizdal, it is Thursday, it's day nine, Feb. Good as always to have you
1:10.1	along. Everybody, 100 to end in 96. 196,000. Actually, that's the tally we got from the
1:18.0	labor department this morning of the number of people who filed first time claims for unemployment
1:22.8	benefits last week. That is historically speaking low, very low. And it is that low in the face of
1:30.4	the Federal Reserve trying really, really hard to get the labor market to be a little bit less
1:37.4	irrationally exuberant if I could channel Alan Greenspan here for a second.
1:41.7	Maybe the question in this economy right now is what in the world is going on with this labor
1:49.0	market? Marketplace is literally Jamali drew the short straw this morning and got the assignment
1:53.5	to answer that question in two minutes of radio. The cascade of data that economists look at tells
2:00.2	the story of a strong labor market. So much so says University of Michigan professor Betsy Stevenson,
2:06.7	that they've been asking whether it's too strong. Right. Our employers trying to hire a bunch of
2:12.4	phantoms people who don't exist. And are they just finding it too hard to find people?
	...

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