Marketplace Where's the job market headed?
17 snips
May 30, 2025 
Kristen Schwab, a seasoned reporter from Marketplace focusing on Lived Economies, shares insights from her coverage of how families cope with economic pressures. The discussion dives into the current job market's resilience amid tariff uncertainties and highlights a Minnesota family's struggle with rising costs as they prepare for another child. The conversation also addresses the growing wealth divide and the societal impact of billionaires, urging a critical look at civic engagement for a more equitable future.
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Tariffs Could Raise Inflation
- Tariffs are expected to raise prices and increase inflation soon.\n- This inflationary pressure could undermine current economic stability despite recent positive readings.
Fed's Tough Trade-offs with Tariffs
- The Federal Reserve faces a tough challenge balancing inflation and economic growth amid tariff pressures.\n- Tariffs complicate achieving their dual mandate of maximum employment and stable prices.
Minnesota Family Faces Cost Strains
- Julie and Daniel, a Minnesota couple with six kids, feel financial strain due to rising child-rearing costs.\n- They face pressures from higher food and housing expenses, reflecting inflation's impact on large families.
