Every weekday, host Kai Ryssdal helps you make sense of the day's business and economic news — no econ degree or finance background required. "Marketplace" takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.
At last, the labor market is showing signs that it’s finding a happy medium: New unemployment claims are inching up while overall unemployment is still at a historic low. While this isn’t the gangbusters labor market of summer 2022, it’s also not the COVID shutdown, with sky-high furloughs and layoffs. In this episode, why slowed hiring is a good sign. Also, retail stories, big and small: big-box stores cut costs where they can, street vendors scrape by and Toyota sticks to hybrids.