Take it with a grain of salt

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 4 August 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As President Donald Trump puts political pressure on the Bureau of Labor Statistics, experts worry BLS data will become less trustworthy. Economists following China say they know the feeling. In this episode, what we can learn from them. Plus, we peek behind the scenes of a municipal bond sale, speak with some economists who aren’t too surprised by the revised jobs numbers, and break down what it means that Trump can nominate a new Fed governor.

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Transcript

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0:00.0	If you've shopped online, chances are you've bought from a business powered by Shopify.
0:05.6	You know that purple shop pay button you see at checkout?
0:08.4	The one that makes buying so incredibly easy?
0:11.1	That's Shopify.
0:12.1	And there's a reason so many businesses sell with it,
0:15.0	because Shopify makes it incredibly easy to start and run your own business.
0:19.8	Shopify is the commerce platform behind millions of
0:22.2	businesses around the world, from household names like Mattel and Jimshark to brands just getting
0:26.8	started. If you want to see less carts being abandoned, it's time for you to head over to Shopify.
0:32.8	Sign up for a one pound per month trial and start selling today at Shopify.com.
0:37.9	com.
0:37.9	UK slash Marketplace 22.
0:40.6	Go to Shopify.com.
0:42.3	UK slash Marketplace 22.
0:47.7	Last week was a doozy in this economy, wasn't it?
0:51.8	Can't wait to see what this week brings from American public media.
0:56.6	This is Marketplace.
1:07.3	In Los Angeles, I'm Colin Rizzdahl.
1:09.7	It is Monday.
1:14.1	Today, this one is the 4th of August. Good as always to have you along, everybody.
1:20.8	We are going to begin this week where we ended last week, the July jobs report. It was underwhelming, I think, is a fair word. And then that huge revision to the May and June numbers tipped it right over into disappointing.
1:29.3	So, surely that has led economists to reconsider how they are feeling about things, right?
	...

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