Demographics are destiny
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 27 January 2025
⏱️ 26 minutes
🧾️ Download transcript
Summary
It’s a demographic reality: The U.S. has an aging workforce. That’s gonna affect our economy, big time. In this episode, Kai takes a trip to Cumberland County, Tennessee, with payroll firm ADP’s chief economist, Nela Richardson. It’s home to one of the oldest labor forces in the country — around a third of residents are older than 65 — meaning this rural nook of Tennessee can give us a glimpse into the future.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Yes, there was market news today, and we will get to it. |
| 0:05.8 | But you know what's even more important to this economy? |
| 0:08.8 | How old everybody's getting? |
| 0:11.4 | From American public media, this is Marketplace. In Los Angeles, I'm Kyle Rizzdahl. |
| 0:28.1 | It is Monday, today the 27th of January. |
| 0:31.4 | Good as always to have you with us, everybody. |
| 0:33.8 | A couple of months ago, in Cumberland County, Tennessee, right next to a well-used pickleball court. |
| 0:40.9 | Where are we playing to? |
| 0:42.1 | I met up with a colleague. |
| 0:43.9 | Hey, how are you? |
| 0:45.0 | Good to see you. |
| 0:45.6 | I'm great. |
| 0:46.1 | I'm good to see you. |
| 0:46.5 | You look fresh from traveling everything. |
| 0:48.0 | Holy cow, we're all just, like, beat up. |
| 0:49.7 | Literally. |
| 0:50.5 | That is ADP chief economist, Neela Richardson. |
| 0:54.4 | Here we are. |
| 0:56.0 | I'm seeing my first pickleball game ever, by the way. |
| 0:59.8 | Why are we here? |
| 1:01.4 | Here, meaning rural Tennessee. |
| 1:03.9 | Here, Cumberland County, Tennessee. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.