Slate Money - You Better Not Be Working
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 2 September 2023
⏱️ 48 minutes
🧾️ Download transcript
Summary
Felix Salmon, Emily Peck, and Elizabeth Spiers talk about the state of working in the United States three years after the COVID pandemic began. They discuss the latest in the efforts in the SEC’s attempts to litigate cryptocurrencies. And finally, can you be a guilt-free investor?
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Podcast production by Patrick Fort.
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Transcript
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| 0:00.0 | Hello! Welcome to the Labor Day episode of Slate Money, your guide to the business and |
| 0:18.2 | finance news of the week. I'm Felix Hamlin of Axios here with Elizabeth Spires of New |
| 0:23.5 | York Times and elsewhere. Hello. I'm here with Emily Peck of Axios. Hello. Hello. It's Labor Day. We're |
| 0:31.1 | going to talk about the state of labor in this country. We're going to talk about whether it has |
| 0:37.0 | managed to hold on to the gains it made during the pandemic and whether capital is losing. We're |
| 0:44.4 | going to talk about the SEC which really is losing. It just lost a big case against a company called |
| 0:51.3 | Greyscale about crypto. We're going to ask what that means for crypto regulation. We are going to talk |
| 0:57.0 | about stock ownership which I guess is the converse of the labor market. We're all buying into capital |
| 1:03.9 | and whether it comes with the side of guilt these days and whether you should feel guilty about not |
| 1:08.4 | voting all of those stocks that you own. We have a sleep plus segment on the worst jobs that |
| 1:15.0 | each of us ever had. It's all coming up on sleep money. Emily Peck, it's Labor Day. Happy Labor Day, |
| 1:25.5 | almost. Happy Labor Day. It's the long weekend for most of us. It's a nice time for us to hang out |
| 1:31.8 | with our families and not go to work which is obviously the first thing you should do on Labor Day is |
| 1:37.0 | do any Labor. You are the keeper of the Labor beat here at sleep money and so I wanted to ask you |
| 1:46.2 | has Labor changed profoundly and forever as a result of the pandemic which was kind of my thesis in |
| 1:55.6 | my book or has Labor just reverted to exactly where we were pre-pandemic and basically it was a |
| 2:03.6 | blip and nothing really has changed which is more or less what we're seeing in a lot of the big macro |
| 2:09.8 | economic statistics right now. Yes. Labor has changed definitely I think and probably permanently |
| 2:23.3 | on the other hand Labor has also come down to earth a bit. So what I mean is the great resignation |
| 2:31.8 | which you just mentioned appears to be over. The latest data is showing that that phenomenon is kind |
| 2:37.5 | of cooling off so people aren't taking on new jobs at the breakneck speed they were for the past |
| 2:43.9 | few years so find that's over but something that happened in the pandemic is people started demanding |
... |
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