What's sector growth without job growth?
6/1/202625 min
Manufacturing production, new orders, imports, and exports were all up in May, according to the latest PMI report. The only piece of the manufacturing business that didn’t grow was the labor force — payrolls contracted for the 32nd month in a row. In this episode, how much can a sector grow without hiring more humans? Plus: Dollar stores dip into delivery, college campuses turn into robot training grounds, and new jobs data will tell us whether inflation growth keeps outpacing wage growth.
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First 90 secondsSpeaker 10:00
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Kai Ryssdal· Host0:54
[upbeat music] All right, give me a four-letter word for this economy, would you? Here's mine, J-O-B-S. From American Public Media, this is Marketplace. [upbeat music] In Los Angeles, I'm Kai Ryssdal. It is Monday today. Somehow it is the first of June. Good as always to have you along, everybody. We are gonna