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, discusses the possible overestimation of job growth, highlighting how changes in BLS modeling could affect data accuracy. Diane Swank, KPMG's chief economist, emphasizes that tariff-driven inflation is not yet behind us, citing lingering effects in pricing. Meanwhile, Gideon Long provides insight into Ukraine's rapidly expanding drone industry, illustrating how small producers and even florists have pivoted to support the war effort through innovative solutions.
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.
