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Marketplace Morning Report

A sunny jobs report ahead of this holiday weekend

Marketplace Morning Report

American Public Media

News, Business

4.5808 Ratings

🗓️ 3 July 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

The government reported today that 147,000 more people were on payrolls in June compared to May — a stronger outcome than initially forecasted. This data comes despite all the tariff-related uncertainty that many business execs have been speaking about lately. We’ll discuss. Plus, AI scraping could fundamentally break the business model of the internet, and an oasis of merch and pop-up stores is appearing ahead of the Oasis reunion tour kick-off.

Transcript

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0:00.0

Hey, if you're listening to this, I will assume you're at least interested in money, understanding the economy and finances as well.

0:07.0

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0:10.6

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0:17.1

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0:20.0

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0:22.4

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0:27.0

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0:35.8

Let's talk about something that might be keeping you up at night cyber security according to vanta's

0:42.2

latest state of trust report it's the number one concern for uk businesses that's where vanta

0:48.0

comes in whether you're a startup growing fast or already established vanta can help you get

0:53.6

iso 2701 certified and more without the

0:57.2

headaches. And Vanta allows your company to centralise security workflows, complete questionnaires

1:02.7

up to five times faster and proactively manage vendor risk to help your team not only get

1:07.5

compliant, but stay compliant. Stop stressing over cyber security and start focusing on growing your business.

1:14.9

For a limited time, our audience gets $1,000 off Vanta at vanta.com slash go.

1:20.7

That's v-a-n-ta.com slash go for $1,000 off.

1:25.3

Because when it comes to your business, it's not just about keeping the lights on.

1:29.3

It's about keeping everything secure.

1:32.8

There's news that some sectors of the economy are still hiring despite tariffs and other

1:37.7

uncertainties. I'm David Brancaccio in Los Angeles. The government reported today that

1:43.2

147,000 more people were on payrolls in June compared to May. That is a stronger outcome than forecast. Lauren Seidel Baker has just gone through the data. She's with the consultancy ITR economics in New Hampshire. Good morning. Hi. Great to be here. Nice way to launch ourselves into the holiday weekend, right? That looks stronger than expected. Very much stronger than expected. We saw the unemployment rate tick down unexpectedly. So after some more pessimistic numbers, estimates of the labor market earlier this week, this is a pretty big beat. What explains this? I mean, when I talk to CEOs,

2:18.2

they're all talking about uncertainty. We don't know which way tariffs are going. We're going to

...

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