4.6 β’ 8K Ratings
ποΈ 12 March 2025
β±οΈ 27 minutes
ποΈ Recording | iTunes | RSS
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Just 44% of employees feel confident about the next six months at their company, a Glassdoor survey found β the lowest in nine years. Thank government layoffs, tariff uncertainty and a toughening job market. Are these negative predictions warnings of a coming recession? Also in this episode, the overall cost of food at home was flat in February, electric grid battery storage grew 66% in the U.S. last year, and Angelenos worry dumped wildfire debris could be toxic.
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0:00.0 | Hello, listeners. Our goal at Marketplace is to raise the economic intelligence of the country, |
0:06.5 | and that goes for teens and young adults, too. The newest season of Financially Inclined, hosted by |
0:12.3 | Janelli Espinall, tackles topics like how to align your values with your money decisions, |
0:18.5 | the skill of negotiating, and what you can get out of internships. |
0:23.5 | Financially inclined is presented in partnership with Greenlight, the debit card and money app for teens. |
0:29.8 | Greenlight helps teens learn to earn, save, spend wisely, and invest. |
0:34.8 | Tune in to financially inclined wherever you find your podcasts. |
0:41.7 | How long do you suppose we can go today without saying that word? |
0:50.3 | From American public media, This is Marketplace. |
1:02.1 | In Los Angeles, I'm Kyle Rizdahl. |
1:04.6 | It is Wednesday today, 12 March. |
1:07.5 | Good as always to have you along, everybody. |
1:09.9 | We begin on this Wednesday with an old reliable, a data point familiar to most of us and untouched so far by the new dynamics of this economy. |
1:20.2 | We've got the latest consumer price index this morning. |
1:23.4 | Headline inflation in February eased a bit 2.8% year over year. That is down from 3.1% in January. |
1:32.2 | So good. Still sticky, but good. The specific category, most sticky and stubborn, is shelter. |
1:41.1 | Price increases there were enough all by their lonesomes to account for nearly half of that monthly CPI increase. |
1:48.2 | Meanwhile, another essential category, food at home to the statisticians among you, mostly that's what you buy at the grocery store, came in lower than the historical average. |
1:58.1 | And that, too, is good. But why does a trip to the supermarket still |
2:03.7 | feel so bad? Marketplaces Kristen Schwab starts us off. |
2:08.7 | Inflation for food at home was flat in February, literally zero percent. David Ortega is a food |
2:14.8 | economist at Michigan State University. So there was no change in grocery prices, but there's a lot of movements within categories. |
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