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Marketplace

Reading the labor market tea leaves

Wed, 02 Jul 2025

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Consumer spending sputtered in May, likely thanks to tariffs and related uncertainty. Not only does that give us a clue as to where GDP is headed, it could also help us predict the labor market's next move. Later in this episode: Slowed hiring could have a silver lining (depending on your perspective), the U.S. dollar is down 10% so far this year, and we visit a pop-up brewery focused on racial equity.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

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