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Marketplace

Can we let the economic good news be good news?

Marketplace

Marketplace

News, Business

4.68.5K Ratings

🗓️ 4 August 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

Is that a productivity boom we see on the horizon? It’s too early to tell if that’s the case, but the economic mood has clearly improved. Our Weekly Wrap panel parses the changes. Also, labor shortages in home health care, a dip in domestic travel and the cultural and economic impact of hip-hop.

Transcript

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0:00.0

Did you know the video game industry is worth more than $300 billion dollars a year,

0:04.7

bigger than movies and music combined?

0:07.5

Marketplace Morning Reports skin in the game series,

0:10.5

explores what this booming industry can teach us about the economy and jobs,

0:15.2

listen to skin in the game,

0:17.0

and more from Marketplace Morning Report, wherever you get your podcasts.

0:23.2

The jobs report, because, of course,

0:26.1

the overall vibe in this economy as well,

0:28.5

and then we will end with a trip to Hawaii.

0:32.3

I mean, I know.

0:34.0

From American public media, this is Marketplace.

0:47.3

In Los Angeles, I'm Kai Rizdole.

0:49.3

It is Friday today.

0:50.7

This one is the fourth of August.

0:52.3

Good as always to have you along, everybody.

0:55.0

This is not without controversy, what I'm about to say.

0:58.3

But I am not sure this morning's July jobs report.

1:02.0

While important, yes, I'm not sure it was the most important thing that happened

1:07.4

in this economy this week.

1:09.0

But maybe I'm wrong.

1:10.9

Let's discuss.

1:11.7

Gina Smiley is at the New York Times.

...

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