About this episode
This episode explores the paradox of sector growth without corresponding job growth in the manufacturing industry.
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. 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
- manufacturing
- job growth
- economic analysis
- inflation
- wage growth
- delivery services
- robot training
Keywords
- manufacturing production
- PMI report
- job growth
- inflation
- wage growth
- Dollar stores
- robot training
Mentioned in this episode
Organizations: Marketplace, Dollar stores, college campuses
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