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If you take away anything from the October jobs report, it should be this: More than a year and a half into the pandemic, women keep losing jobs. And it’s probably because we still haven’t figured out child care. Today, we’ll talk about some of the possible long-term effects of women leaving the workforce. Plus, Google and YouTube take big steps against climate deniers, and the “Bad Art Friend” drama is really all about Facebook. Then, a special guest surprises the hosts on Half Full/Half Empty.
Here’s everything we talked about today:
Read the transcript here.
Our show needs your voice! Tell us what you think of the show or ask a question for our hosts to answer! Send a voice memo or give us a call at 508-82-SMART (508-827-6278).
People fall into one of two TV camps right now: You’ve either seen “Squid Game” or you haven’t. But odds are you’ve heard of the dystopian South Korean drama, which is on track to be Netflix’s most-watched show yet. The series’ production values and exploration of class have helped it become a global hit, and the show’s success bodes well for streaming services that are making investments abroad and courting international subscribers. Also on today’s program: the Weekly Wrap, an uptick in wages and a preview of Marketplace’s newest series, “How We Survive.”
Christopher Low joins us to discuss the markets after the release of the September jobs report shows numbers that fell well short of projections. However, the unemployment rate improved. We discuss how to take in some of this information. The pandemic has boosted the share of young adults living with their parents. The airline industry is optimistic about the upcoming holiday travel season.
The pandemic has been especially difficult on parents, who are facing a child care shortage even worse than before. Care programs across the U.S. have been decimated, leaving families facing months- or even years-long waiting lists. The shortage is even worse in rural areas. We examine the issue with Jessica Grose of the New York Times. Google will no longer allow ads next to content that spreads climate change misinformation.
From the BBC World Service: Just weeks after President Xi Jinping said China won’t invest in coal plants overseas, the government is asking domestic coal miners to boost production to alleviate power shortages. Plus, the U.K. will accept vaccine certificates from another 37 countries as Britain continues to ease its COVID-19 travel restrictions. And, the dating app which matches people by examining their music listening habits.
Facebook, Instagram and WhatsApp went down on Monday for several hours. Then, on Tuesday, whistleblower Frances Haugen, a former product designer at the company, appeared before Congress, saying Facebook puts profit over safety and asking lawmakers to step in. CEO Mark Zuckerberg posted a note on Tuesday night saying a lot of things, including the company does not put profit over safety. Let’s look ahead at how this week might change Facebook with Quality Assurance, where we take a second look at a big tech story. Marketplace’s Marielle Segarra speaks with Mike Isaac, a tech correspondent for The New York Times.
On this hollowed-out shell Thursday, we waste no time getting to the dark place. The Biden administration released reports today detailing just how big of an impact climate change will have on our lives, from more traffic, to higher rates of depression and anxiety, and even more bugs. We’ll talk about those challenges. Plus, other stories of note, including a big win for Treasury Secretary Janet Yellen. Then, a beef over Bruce Springsteen lyrics has finally been put to bed.
Here’s everything we talked about today:
Read the transcript here.
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After controversy over ethics and stock trading arose, two regional Federal Reserve presidents announced their resignations late last month. Their departures leave two senior leadership positions open and a chance for the Fed to regain trust. Fed Chair Jerome Powell has expressed support for diversifying the regional banks, but the final selection process remains opaque. Later in the show: Coal production struggles to keep up with demand, Germany’s small to mid-size businesses voice their hopes for a new government and the Catch-22 of climate-impact rules and infrastructure updates.
Strikes and unionization efforts have been in the spotlight this year, with the strike of more than 1,000 factory workers at cereal giant Kellogg’s serving as the latest example. Hollywood and Amazon are locked in their own labor battles. We discuss what’s been behind all this. Diane Swonk checks in for our markets and economy chat. We also look into the costs surrounding California’s offshore oil drilling rigs.
The Federal Reserve is looking into the creation of a digital currency. We touch upon what a digital dollar would mean. A lawyer in Atlanta came up with an unusual solution to the debt-ceiling saga among lawmakers: A platinum coin with a Treasury-sanctioned value of $1 trillion that could be plopped into the Treasury’s bank account with the Fed. The Department of Justice has new measures to tackle cybersecurity.
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