meta_pixel
Tapesearch Logo
Log in
Marketplace

On the ground with Janet Yellen in China

Marketplace

Marketplace

Business, News

4.68.6K Ratings

🗓️ 7 July 2023

⏱️ 28 minutes

🧾️ Download transcript

Summary

Treasury Secretary Janet Yellen met with the Chinese premier today. Kai Ryssdal is traveling alongside Yellen and gave us the view from Beijing. But first, we’ll talk with our panel of experts about this morning’s jobs numbers and examine the cyclical market for semiconductors.

Transcript

Click on a timestamp to play from that location

0:00.0

There's a lot to like in the latest jobs report, unless you're on Wall Street, I guess.

0:08.1

From American public media, this is Marketplace.

0:20.6

From Baltimore, I'm Amy Scott in for Kai Rizdal, who is on assignment in China, covering

0:25.9

Treasury Secretary Janet Yellen's visit, more from him later in the program.

0:30.3

It's Friday, July 7th.

0:32.1

Good to have you with us.

0:33.7

The U.S. economy is still creating jobs, though at a slower pace.

0:38.3

That's the big takeaway from today's employment situation report from the U.S. Bureau of Labor

0:43.3

Statistics.

0:44.7

Jobs outside of Farm and Group by 209,000 in June.

0:48.5

That's the slowest pace since late 2020.

0:51.9

It turns out that job growth in April and May was slower than initially estimated by

0:56.5

a combined 110,000 jobs.

0:59.6

Joining me to make sense of these numbers are Heather Long at The Washington Post and

1:03.6

Soudie Breddy at Politico.

1:05.5

Good to have you both here.

1:07.0

Hi, Amy.

1:08.0

Hi.

1:09.0

Heather, starting with you, what's your initial response to this report today?

1:16.2

How about a B-plus report in a sense that there's a little something for everybody here.

1:21.5

If you're a job seeker, look, things slow down a little bit, but there's still a lot of

1:26.1

jobs out there, a lot of hiring going on, particularly in government, healthcare, social assistance,

...

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.