Who has leverage in the labor market?
05.05.2021 - By Marketplace
Friday’s jobs report marks one year since the release of one of the worst jobs reports in U.S. history; the economy had lost 20 million jobs in a single month. One year later, there are still millions of people unemployed, but data from payroll processors and online job search sites point to continuing job growth. Chris Hyams, CEO of Indeed, joined “Marketplace” host Kai Ryssdal to talk about how the labor market is recovering from the pandemic. Also on today’s show: Small businesses that closed at the beginning of the pandemic may never reopen, a new report warns that critical minerals for green energy might become scarce, and the European Union is raising the drawbridge on companies that get foreign subsidies.
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