Marketplace

Special Coverage from "Marketplace": The Real Costs

13 snips
Aug 25, 2025
Patrick Smith, a fourth-generation apple and hops farmer from Loftus Ranches, shares his firsthand experience with the impact of trade policies and climate conditions on agriculture. He discusses the pressing challenges such as labor regulations and fluctuating export markets that threaten the stability of farming in central Washington. Additionally, he highlights the broader implications of these agricultural issues, including supply chain unpredictability and the effects of wage increases in related sectors, painting a vivid picture of the real costs facing today’s economy.
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ANECDOTE

High Line Leisure Validated By Time-Use Data

  • The American Time Use Survey records daily activities and subjective wellbeing from thousands of respondents each month.
  • It links how people spend time to meaningful economic insights like child care and leisure externalities.
ADVICE

Use Time-Use Data To Target Childcare Solutions

  • Use time-use data to identify barriers to labor force participation and design interventions like employer-provided child care.
  • Policymakers and businesses can target services where surveys show people stay out of work.
INSIGHT

Beveridge Curve Reveals Labor-Market Tightness

  • The Beveridge curve links job vacancies to unemployment and revealed pandemic-era distortions.
  • Tracking that curve helps predict unemployment rises as vacancies fall toward parity with jobseekers.
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