Let's get a grip on the labor market
Marketplace
American Public Media
4.6 • 8K Ratings
🗓️ 9 July 2025
⏱️ 27 minutes
🧾️ Download transcript
Summary
The June jobs report gave a sunny picture of the labor market. But if you’re, say, looking for a job right now, you may see things a bit differently. What gives? In this episode, we break down the pros and cons of backward-looking data, and search elsewhere for answers about the current employment situation. Plus: Entrepreneurship chugs along in this uncertain economy, rents finally seem to hold steady, and U.S. copper prices spike.
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Transcript
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| 0:56.9 | In which the theme of the program is uncertainty, I think, from American public media. |
| 1:06.1 | This is Marketplace. |
| 1:17.1 | Music is Marketplace. In Los Angeles, I'm Kyle Rizzdahl. |
| 1:19.4 | It is Wednesday, today the 9th day of July. |
| 1:22.7 | It is always to have you along, everybody. |
| 1:25.1 | We are going to begin today with a couple of indicators that we |
| 1:28.0 | haven't really talked about in a while. Applications to start new businesses, and the number of |
| 1:34.0 | those applications projected to actually become businesses within a year. The June numbers are going |
| 1:40.2 | to be upon us tomorrow from the Census Bureau, But in the continuing belief that context is everything, |
| 1:46.3 | it must be pointed out that those would-be entrepreneurs are entrepreneurial |
| 1:49.7 | when the name of the game in this economy is uncertainty, |
| 1:54.2 | not historically a great backdrop for starting up a new business. |
| 1:58.4 | And yet, Americans have been creating new businesses like crazy |
| 2:03.0 | since the early days of the pandemic itself, a rather uncertain time, if you recall. Marketplace's |
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