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The Indicator from Planet Money

Tech layoffs, recession pop and more listener questions answered

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 2 July 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

We are back with another edition of listener questions! In this round, we tackle recession pop, why the job market feels so crummy for IT grads, and whether President Trump saying that Walmart "eat the tariffs" is a form of price control.

Related episodes:
Hits of the Dips: Songs of recessions past (Apple / Spotify)
The beef over price controls
Price Controls, Black Markets, and Skimpflation: The WWII Battle Against Inflation

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Transcript

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0:00.0

NPR.

0:11.8

Well, well, well, look who the cat dragged in.

0:15.4

Claw marks all over me, and you don't have any sympathy?

0:19.0

You're looking a little worse for where.

0:21.9

It's me, Dary In Woods.

0:23.7

And me, Adrian Ma.

0:25.0

And also me, Waylon Wong.

0:27.0

This is the indicator from Planet Money, and we are here to answer listener questions.

0:33.3

That's right.

0:34.0

All the time we get really great questions from listeners about the economic and financial things happening in their lives.

0:40.0

So today on the show, is it considered a price control for the president to tell businesses to eat the tariffs?

0:46.6

Why does the market for tech jobs feel so lousy?

0:49.8

And what is recession pop?

0:52.3

You ask, we answer after the break.

0:59.4

So let's start with our first listener question.

1:01.9

It comes from Tim Madison out of Houston, Texas.

1:05.2

Waylon, take us away.

1:06.5

All right.

1:06.8

So before we hear from Tim, you need a little background here for the question.

1:11.5

In May,

1:17.1

Walmart's chief financial officer said price increases from tariffs were too high for the company to absorb entirely. He warned that some prices would be going up, and then President Trump

1:22.7

posted on Truth Social saying Walmart should partially eat the tariffs and that he would be watching.

...

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