Consumers are still stressed about the job market

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 29 July 2025

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Consumer confidence ticked up in June, according to The Conference Board. At the same time, confidence in the labor market weakened for a seventh consecutive month. In this episode, what good are a bunch of confident consumers if they're stressed about finding work? Plus: SNAP cuts will hurt grocery stores, Americans have to buy foreign goods if we want other countries to buy our goods, and tariff costs negate productivity growth benefits.

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Transcript

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0:00.0	In today's fast-changing digital world, proving your company's trustworthy isn't just important for growth.
0:06.6	It's essential. That's why Vanta is here. Vanta helps companies of all sizes get compliant, fast,
0:13.0	and stay that way with their proprietary AI, automation and continuous monitoring.
0:17.8	So whether you're a startup tackling your first SOC 2 or ISO-2-2-1 or an enterprise
0:24.6	managing vendor risk, Vanta's trust management platform makes it quicker, easier and more scalable. It even
0:31.3	helps you complete security questionnaires up to five times faster, so you can close bigger deals
0:36.7	sooner. And the impact? According to a
0:39.3	recent IDC study, Vanta customers cut over $500,000 a year in costs and boost productivity by three
0:46.9	times. Establishing trust isn't optional. Vanta makes it automatic. Visit vanta.com slash go to sign up for a free demo today.
0:55.9	That's V-A-N-T-A.com slash G-O.
1:01.6	Hey, you know what I'll fix that tariff problem?
1:05.8	That's right.
1:06.9	More tariffs.
1:08.4	From American Public Media.
1:10.7	This is Marketplace.
1:21.4	In Los Angeles, I'm Kyle Rizzdahl.
1:23.9	It is Tuesday, today, July 29.
1:27.3	Good as always to have you along, everybody.
1:29.7	We are going to start with one trade story. We're going to move swiftly on to another trade story,
1:34.9	and then we're going to put trade and tariffs behind us for most of the rest of the program.
1:40.3	Deal? All right, good, deal. Trade story number one is actually a story of nothing happening. U.S. and Chinese negotiators wrapped up two days of talks in Stockholm today. Treasury Secretary Scott Besson said afterward, the two sides are going to keep on talking that he is headed home to be President Trump and, but also, uh-huh, more tariffs might be needed. So there's that. Trade story number two
2:04.7	is about the frameworks that have been agreed to at Japan and the European Union. Details, as you
	...

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