Churn goes the labor market

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 5 June 2025

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Unemployment filings and layoffs are rising, and private sector hiring hit a two-year low, recent reports show. Is it just healthy turnover or should we be worried about the direction the labor market is headed? For now, analysts are split. Also in this episode: Reddit sues an AI firm for scraping its user data and Kai spends more time in Utah County with ADP’s Nela Richardson exploring the obstacles and opportunities that come with a young population.

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Transcript

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0:00.0	If you've shopped online, chances are you've bought from a business powered by Shopify.
0:05.6	You know that purple shop pay button you see at checkout?
0:08.4	The one that makes buying so incredibly easy?
0:11.1	That's Shopify.
0:12.1	And there's a reason so many businesses sell with it,
0:15.0	because Shopify makes it incredibly easy to start and run your own business.
0:19.8	Shopify is the commerce platform behind millions of
0:22.2	businesses around the world, from household names like Mattel and Jimshark to brands just getting
0:26.8	started. If you want to see less carts being abandoned, it's time for you to head over to Shopify.
0:32.8	Sign up for a one pound per month trial and start selling today at Shopify.com.com.
0:37.9	UK slash Marketplace 22.
0:40.6	Go to Shopify.com.
0:42.3	UK slash Marketplace 22.
0:46.0	Hey there, and thanks for listening.
0:48.4	We want to know more about our audience.
0:50.7	So stick around at the end of the episode to hear about how you can provide feedback and
0:55.1	potentially walk away with a $75 gift card. On the program today, some jobs data, a little political
1:03.8	economy, also trampolines from American public media. This is Marketplace.
1:19.8	In Los Angeles, I'm Kyle.
1:21.9	It is Thursday, today the 5th of June.
1:24.4	Good as always to have you along, everybody.
1:26.8	One of the fun things you do as a business
	...

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