About this episode
The episode discusses the implications of sluggish wage growth amidst rising inflation and highlights various economic stories.
Averages wages grew 3.4% year over year, but at the same time, inflation as measured by the consumer price index, has been eating away at those gains. Workers don’t want to lose purchasing power — rising inflation will feel like a pay cut — but the Fed may see things a bit differently. Plus: Home cooks are a bright spot in Campbell’s soup sales, the owner of Vimeo, AOL, and WeTransfer files for an IPO, and a former diplomat rehabs old movie theaters. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
People in this episode
Host: Marketplace
Topics covered
- wage growth
- inflation
- economic impact
- IPO
- consumer behavior
Keywords
- wage growth
- inflation
- consumer price index
- Campbell's soup
- IPO
Mentioned in this episode
Organizations: Campbell’s, Vimeo, AOL, WeTransfer, Marketplace
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