Nancy Marshall Genzer
Marketplace reporter who files news segments on economic topics, in this episode reporting on Federal Reserve commentary about the labor market and job data.
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Dec 11, 2025 • 7min
When the job market is a "complicated, unusual, difficult situation"
Nancy Marshall Genzer, a Marketplace reporter specializing in economic topics, discusses how the Federal Reserve views the labor market as weaker than it appears, highlighting potential overestimation in job growth. Diane Swank, Chief Economist at KPMG, weighs in on the impact of tariffs—debating whether their effects are just a temporary spike in prices or indicative of long-term inflation trends. The conversation also explores the ripple effects of tariffs beyond their initial targets, showcasing a deeply interconnected economy.
