Marketplace Marketplace
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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.
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A little more time for Social Security and Medicare funds
The good news: The forecasted date at which the Social Security and Medicare trust fund can’t pay full benefits for everyone was pushed back a few years in a report issued Monday. Bad news: That day is still coming, unless Congress acts. Also: aging in place or stuck in place? The challenges of homeownership later in life. Later in the episode: Reddit’s revenue and union organizing efforts in the South.
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Do you like your job?
Workers are more satisfied with their jobs than they’ve been in nearly 40 years, according to a report from The Conference Board. But dig a little deeper and there are signs of rising dissatisfaction. In this episode, why workplace happiness might be plateauing. Plus, the property insurance industry faces growing climate risk, and a recreation center becomes a burden for a former boom town.
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Why government benefits are likely to stick around
The U.S. spends about half of its $6 trillion budget on three government entitlements: Social Security, Medicaid and Medicare. When it comes to the national debt, cutting these benefits is often part of the cost-cutting conversation. In this episode, we hear how these entitlements grew to be so costly and why reducing them has been so difficult historically. Plus, the layoff that allowed one woman to focus on her small business, and the economic impact of university divestment.
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Breaking Ground: Where are all the jobs?
Phoenix is on track to become a national hub for semiconductor production. The city has had lots of help: billions in funding from the Biden administration and buy-in from major chipmakers like TSMC and Intel. One thing they still need, though, is workers — 70,000 nationwide. Training programs are already preparing folks for entry-level chip technician positions. But where are all those promised jobs?
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Breaking Ground: The plants were there first
In the latest installment from their trip to Phoenix, “Marketplace” host Kai Ryssdal and Washington Post columnist Heather Long visit Native Resources — a plant relocation, nursery and landscape company — that sits at the intersection of conservation and development amid a semiconductor boom. Plus, takeaways from the Federal Reserve’s policy-setting meeting, a check-in with business owners about wages and an update on a Mississippi barge business.
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Breaking Ground: A visit to the “Silicon Desert”
Phoenix has been in the semiconductor business for a while now, but the Biden administration is taking it to another level by sending a major infusion of cash to tech companies in the desert city to expand chip-making capabilities. In this episode, “Marketplace” host Kai Ryssdal visits Phoenix with Washington Post columnist Heather Long. They dig into the challenges of rebuilding the country’s semiconductor industry.