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Marketplace All-in-One

Job satisfaction shows signs of slipping

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 6 May 2024

⏱️ 1 minutes

🧾️ Download transcript

Summary

Stocks rise; survey shows individual aspects of job satisfaction falling; consumers have finally spent their excess pandemic savings; Tyson profits rise.

Transcript

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0:00.0

This is the Marketplace Minute. I'm Justin Ho.

0:05.0

Stocks closed higher on Monday. The Dow gained almost half a percent, the S&P rose 1 percent, and the

0:11.9

NASDAQ added 1 and 2 10%.

0:15.0

Workers surveyed by the conference board say they were generally more satisfied with their jobs last year

0:19.2

than the year before.

0:20.9

Thing is, people's satisfaction with specific aspects of their jobs, including wages, benefits,

0:26.4

workload, and work-life balance, is actually dropping.

0:30.6

All the excess savings people built up during the pandemic has finally been spent,

0:34.7

according to researchers at the San Francisco Federal Reserve.

0:37.7

They say people are likely to keep spending if they keep their jobs or rely more on debt.

0:44.2

And Tyson Food says profits rose last quarter, compared at the same time a year ago, but the company

0:48.6

says inflation and dwindling savings have made some of its consumers switch to private label brands.

0:55.0

I'm Justin Ho, with the Marketplace Minute. You're going to.

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