Make Me Smart

China has an economic data problem. Is the U.S. next?


Listen Later

Since President Trump’s firing of the Bureau of Labor Statistics commissioner over a weak jobs report, we’ve been thinking a lot about the trustworthiness of U.S. economic data. Other countries like China can offer a glimpse of what happens when that trust erodes. On the show today, Marketplace’s China correspondent Jennifer Pak explains how she works around unreliable data when reporting on the Chinese economy. Plus, could the United States be headed in the same direction?


Here’s everything we talked about today:


  • "12 million students in China will graduate this year into a shaky job market" from Marketplace
  • "China says its unemployment rate is “stable,” but job seekers remain gloomy" from Marketplace 
  • "Is GDP still a useful gauge of China’s economy?" from Marketplace
  • "How Bad Is China’s Economy? The Data Needed to Answer Is Vanishing" from The Wall Street Journal  
  • "How to deal with untrustworthy government economic data? Look to China" from Marketplace
  • "Trump taps Heritage economist to lead BLS" from Politico


    We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email [email protected].

...more
View all episodesView all episodes
Download on the App Store

Make Me SmartBy Marketplace

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

5,432 ratings


More shows like Make Me Smart

View all
Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,320 Listeners

Planet Money by NPR

Planet Money

30,762 Listeners

The NPR Politics Podcast by NPR

The NPR Politics Podcast

25,911 Listeners

Marketplace by Marketplace

Marketplace

8,796 Listeners

Marketplace Morning Report by Marketplace

Marketplace Morning Report

933 Listeners

Marketplace All-in-One by Marketplace

Marketplace All-in-One

1,392 Listeners

Marketplace Tech by Marketplace

Marketplace Tech

1,286 Listeners

The Uncertain Hour by Marketplace

The Uncertain Hour

2,176 Listeners

The Daily by The New York Times

The Daily

113,168 Listeners

Up First from NPR by NPR

Up First from NPR

56,921 Listeners

The Indicator from Planet Money by NPR

The Indicator from Planet Money

9,558 Listeners

Today, Explained by Vox

Today, Explained

10,322 Listeners

This Is Uncomfortable by Marketplace

This Is Uncomfortable

3,623 Listeners

Short Wave by NPR

Short Wave

6,574 Listeners

Consider This from NPR by NPR

Consider This from NPR

6,464 Listeners

Marketplace Minute by Marketplace

Marketplace Minute

163 Listeners

Million Bazillion by Marketplace

Million Bazillion

2,992 Listeners

How We Survive by Marketplace

How We Survive

1,374 Listeners

Financially Inclined by Marketplace

Financially Inclined

91 Listeners

The Economics of Everyday Things by Freakonomics Network & Zachary Crockett

The Economics of Everyday Things

1,654 Listeners