A little show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening today. It's a quick hit of insight into work, business, the economy, and everything else. Listen weekday afternoons.
Today we answer listener questions: why is so much consumption necessary for a healthy economy (or as our listener put it — why do we have to buy so much crap for the economy to be healthy?). Plus, what are some good economic resources for teenagers?
Basketball, football and baseball may draw big crowds and score primetime television spots, but niche sports, like cornhole, axe throwing and even professional arm wrestling, are beginning to attract interest and money.
Traditionally, noncompete clauses have been reserved for whiter collar professionals. But as the labor market tightens, employers increasingly want blue-collar workers to adhere to these agreements too.
Happy Jobs Friday! The labor market is showing signs of slowing down. The unemployment rate is still low at 3.6 percent, but only 75,000 jobs were added in the month of May — a lot fewer than what economists expected.
Office temperature can affect more than comfort; a recent study shows it has serious implications for productivity. We talked to one economist who quantified the effects of temperature on men and women.
Economics is all about scarcity — and time is a scarce resource. We talk to economist Daniel Hamermesh, whose new book Spending Time examines time's complicated relationship to money, stress, and gender.