cover of episode The information industry takes a hit

The information industry takes a hit

2024/8/2
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The discussion focuses on the Fed's timing of interest rate cuts in response to a slowdown in job creation and rising unemployment, with experts debating whether the Fed should have acted sooner.

Shownotes Transcript

Job creation slowed sharply in July, the Labor Department reported today. One sector that took a hit is information and entertainment. That includes data processors, moviemakers, software publishers and — ahem — broadcasters and news websites. Do  those job losses signal a meaningful change or was it just an off month for the field? Plus, shipping rates may come down next year, the Spanish-language interpretation industry is expected to grow, and remember when cellphones had antennas?