2 Burst results for "Sarah Damascus"

"sarah damascus" Discussed on Marketplace with Kai Ryssdal

Marketplace with Kai Ryssdal

04:28 min | 3 months ago

"sarah damascus" Discussed on Marketplace with Kai Ryssdal

"June. Good as always to have you along. Everybody you know that thing or you're waiting and waiting and waiting for something to happen and then it happens and you're like that's it. That's kind of the way fisher. J. house press conference went today. I mean there was never going to be an interest rate increase at this meeting. And it's not like he was going to say who boy that inflation. Did you see that. That's really bad. But somehow i expected more. This is An extraordinarily unusual time. and we. We really don't have a template or or Any experience of a situation like this. I mean that much. We kind of knew right pal did say inflation's gonna be a bit higher than the fed had been thinking for a bit longer. Maybe as well. Also they're big bond buying program. They are no longer to quote from a couple of months ago. Not even talking about talking about cutting back here. He is today but you can think of this meeting that we had as the talking about meeting if you like and and i now suggests that we retire that term which is which has served its purpose. Well i think i kinda liked it. I don't know why use these the bugs him a little bit. I dunno pal was though going on bullish on the american labor market. There's every reason to think that will be an in a labor market with Very attractive numbers with low unemployment high participation in rising wages across the spectrum. So that's the upshot of the fed meeting today but it is handy. Actually the chair. Powell said that about the labor market because we spent every single month since the start of this pandemic picking apart jobs numbers and unemployment claims. But there's a lot happening in the labor force that doesn't get captured in that data. Right like the toll that long term unemployment during a once in a lifetime pandemic can take and how that long term unemployment is creating less predictable back to work economy. Marketplace's kristen schwab has that one be. Lieberman's daughter has an auto immune disease so in the virginia. High school where she teaches computers and coding mandated. That teachers come back to work last august. she quit. I really thought i could find something. Even if it was part time employment. She applied to software companies that work with schools but she has no sales experience. She applied to teach spanish which she's taught before no bites job. That have nothing to do with computers or teaching like an hourly position at the dmv helped. You just have so much time with just your thoughts and it eats you up. Losing a job is already isolating says art goldsmith economist at washington and lee university and now there's the isolation of the pandemic itself that has created a lot of poor mental health more so in this recession and in previous recessions long-term unemployment changes how people feel about their worth is workers sarah damascus associate at penn state before the pandemic she followed people who lost their jobs by the twelve month mark they were describing themselves as having fewer and fewer john's that they felt that they were qualified for this can create a pattern. Someone gets job. Low their skill level or one. That has nothing to do with their skills. They're unhappy and leave or let go because they were never a good fit and then they're back out there searching. It's devastating for their career in the long run each time they scramble and find something in fail. They fall further and further behind. That's not the case for be liederman. Next month she'll start teaching computer classes again but the new job comes with a compromise. The commute is fifty miles each way. I'm kristen schwab for marketplace. That's a long way. Sorry one more quick thing on pal and the fed member yesterday we told you about the dot plot. Kind of graph showing where individual members of the federal open market committee and presidents of the regional. Fed banks think rates are going to be in the near term future. Here's powell on the dots. Today the dots are not great forecaster of future rate moves. And that's not because it. It's just because it's so highly uncertain. There is no great forecaster of future so dots to be taken with with a big big grant. Salt noted miss chairman. But why do they do them then on wall street day equities were kind of lukewarm on the fed the yield on the ten years spiked..

fifty miles sarah damascus Lieberman today Powell virginia Today ten years kristen schwab yesterday Next month June twelve month last august Fed couple of months ago fed washington and lee university spanish each way
The Psychological Toll of Long-Term Unemployment

Marketplace with Kai Ryssdal

01:59 min | 3 months ago

The Psychological Toll of Long-Term Unemployment

"Spent every single month since the start of this pandemic picking apart jobs numbers and unemployment claims. But there's a lot happening in the labor force that doesn't get captured in that data. Right like the toll that long term unemployment during a once in a lifetime pandemic can take and how that long term unemployment is creating less predictable back to work economy. Marketplace's kristen schwab has that one be. Lieberman's daughter has an auto immune disease so in the virginia. High school where she teaches computers and coding mandated. That teachers come back to work last august. she quit. I really thought i could find something. Even if it was part time employment. She applied to software companies that work with schools but she has no sales experience. She applied to teach spanish which she's taught before no bites job. That have nothing to do with computers or teaching like an hourly position at the dmv helped. You just have so much time with just your thoughts and it eats you up. Losing a job is already isolating says art goldsmith economist at washington and lee university and now there's the isolation of the pandemic itself that has created a lot of poor mental health more so in this recession and in previous recessions long-term unemployment changes how people feel about their worth is workers sarah damascus associate at penn state before the pandemic she followed people who lost their jobs by the twelve month mark they were describing themselves as having fewer and fewer john's that they felt that they were qualified for this can create a pattern. Someone gets job. Low their skill level or one. That has nothing to do with their skills. They're unhappy and leave or let go because they were never a good fit and then they're back out there searching. It's devastating for their career in the long run each time they scramble and find something in fail. They fall further and further

Kristen Schwab Lieberman Sarah Damascus Lee University DMV Virginia High School Goldsmith Penn State Washington John