Nobel economics prize won by pioneering gender gap researcher
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 9 October 2023
⏱️ 7 minutes
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Summary
Earlier this morning, we learned that Harvard economic historian Claudia Goldin was awarded the 2023 Nobel Prize in economics. Her research centers on labor market outcomes for women and the economic underpinnings of the gender pay gap. Senior economics contributor Chris Farrell joins the show to help us understand her works and their importance. Also: Workers at Mack Trucks go on strike.
Transcript
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| 0:00.0 | Today's Nobel Economic Prize goes to a researcher who pioneered the study of why women get paid |
| 0:07.2 | less than men. |
| 0:08.9 | I'm David Brancaccio in New York. |
| 0:10.7 | Good morning to you. |
| 0:11.7 | First, we went into the weekend with the United Auto Workers Union announcing it has |
| 0:15.8 | made some progress in labor talks with Detroit's big three automakers and that it would not |
| 0:21.4 | expand its strikes against them. |
| 0:23.0 | But this morning, the UAW strikes are, in a sense, expanding to include a fourth company. |
| 0:29.4 | So what happened over the weekend? |
| 0:30.8 | Marketplaces know the SOFO explains. |
| 0:33.0 | The UAW strikes are expanding because a majority of unionized workers at Mac Trucks voted |
| 0:38.6 | to reject the tentative agreement reached at the beginning of the month between union |
| 0:42.0 | leaders and the heavy truckmaker. |
| 0:44.5 | That deal included a 19% pay raise and boosted retirement benefits. |
| 0:49.0 | The UAW informed the company last night and Mac Trucks said it will continue bargaining. |
| 0:54.2 | Otherwise the UAW refrained from further expanding its strikes against GM Ford and Stellantis |
| 0:59.3 | with union president Sean Fein announcing that GM had agreed to a key demand that future |
| 1:04.7 | electric vehicle battery plans be unionized. |
| 1:07.8 | The plan was to draw down engine and transmission plants and permanently replace them with low-wage |
| 1:14.5 | battery jobs. |
| 1:16.3 | We had a different plan and our plan is winning at GM. |
| 1:20.1 | Fein said he expects Ford and Stellantis to follow suit. |
... |
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