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Marketplace All-in-One

Jobs IRL: How Georgia makes movie makers

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 10 June 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

You know the Georgia peach logo at the end of shows like “WandaVision” or “The Walking Dead?” The peach means a production was filmed in Georgia, where major tax credits are helping the state grow its film industry. Today, we head to Atlanta to hear about the pipeline for show business gigs there. Plus, Americans are paying down their credit card balances thanks to a strong labor market.

Transcript

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0:00.0

We're paying down our credit cards. Good job America from Marketplace. I'm

0:05.9

Sabri Benashore in for David Brancaccio. Americans are paying down their

0:09.9

credit card balances and you can thank the strong labor market.

0:13.3

New data from the Federal Reserve shows the amount of so-called revolving credit the consumers

0:17.6

hold, basically credit card debt, declined in April.

0:20.4

It is the first time it has gone down in three years.

0:24.3

Marketplace's Nova Safo has more.

0:26.4

Overall, the data shows the total amount of outstanding credit in April declined

0:30.9

four-tenths percent among credit cards, personal lines of credit, and other revolving

0:35.6

debt. And while that's good news, there's evidence some Americans are struggling more than others

0:41.1

to pay off their credit cards.

0:42.5

Delinquencies are up, especially among those in their 20s and 30s.

0:47.1

Meanwhile, household wealth overall is at an all-time high.

0:51.3

The Federal Reserve says it surpassed $160 trillion in the first three months of the year.

0:57.0

Much of the gain came from increased stock and real estate values.

1:01.0

I'm Novas Safo for Marketplace. Oh, Whether Biden or Trump in the White House come January, the push from both is to make

1:47.3

more things in America. Our question this week is who gets the skills to get those jobs making things here in America.

1:54.6

Marketplace as David Brancaccio traveled to Georgia to explore efforts to create pipelines

1:59.7

of people from all walks of life with the skills to work and create IRL in real life.

2:05.3

He starts today in Atlanta with the pipeline for show business.

2:09.2

You ever see that peach as the credits come to an end on screen,

2:13.0

The Walking Dead, maybe Wanda Vision.

...

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