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Can we still trust the monthly jobs report? (Update)

Tuesday, August 05, 2025

Since his return to office, President Trump has waged something of a pressure campaign on economic data and the people in charge of delivering it. His firing of the Bureau of Labor Statistics commissioner following a weak jobs report now has some wondering: can we still trust the official numbers? Today on the show, we're resharing our conversation with former BLS commissioner, Erica Groshen on her current fears for the integrity of government data. The original version of this story aired March 7, 2025.

Related:
What really goes on at the Bureau of Labor Statistics? (Update) (Apple / Spotify)
Would you trust an economist with your economy? (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by
Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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What really goes on at the Bureau of Labor Statistics (Update)

Monday, August 04, 2025

On Friday, we reported on the latest jobs numbers from the Bureau of Labor Statistics, which showed weaker than expected growth. On Friday afternoon, President Trump fired the person in charge of those numbers.

The monthly jobs report is a critical tool for the economy, used by businesses to make decisions and the Federal Reserve to set rates. So how exactly are those figures collected? Today, we're re-airing our behind-the-scenes look at how the BLS puts together the jobs report ... one call at a time.

This show originally aired June 6, 2022.

Related:
Can we trust the monthly jobs report?
Would you trust an economist with your economy?

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by
Sierra Juarez and Corey Bridges. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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A baby bonds bonanza

Monday, July 28, 2025

Baby bond fever is catching on. In recent years, states like Connecticut have been experimenting with giving newborns government-seeded accounts that grow tax-free until they are 18. Now, President Trump's signature tax and spending bill will give a thousand dollars to every U.S.-born baby through 2028. On today's show, what are baby bonds and could they help tackle wealth inequality?

Related:
Baby bonds, proportional representation, and no left turns
Could cash payments ease recessions?
Building generational wealth in rural America

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by Cooper Katz McKim. Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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Could Meta do more to protect us from cyber scams?

Thursday, July 10, 2025

Many small businesses are online now, but so are cyber criminals trying to take advantage. On today's show, how one bar owner fell victim to a Facebook scam and if big tech could do more to protect small business owners from increasing cyber attacks. Read Stephan's original piece.

Related:
The secret world of those scammy text messages
After being scammed, one woman tries to get her money back

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by
Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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Can you afford to evacuate ahead of a disaster?

Wednesday, July 09, 2025

We are just at the start of hurricane season, and we're already seeing the danger and tragedy brought on by storms. There's another cost that gets much less attention, but it's a gamble everyone in the path of a storm has to make.

Today on the show, we examine the decision on whether or not to evacuate from an oncoming disaster.

Based on the digital story: 1 reason people don't evacuate for hurricanes? Rising costs, and they're getting pricier

Related episodes:
Hazard maps: The curse of knowledge
Unintended Consequences, Hidden Deaths
The brewing recovery in Western North Carolina

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

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Why can't we insure trees?

Monday, July 07, 2025

In the U.S., we insure most everything we sell. So why not trees? Today on the show why trees aren't insured like other crops, and what it would take to get that insurance with extreme weather events on the rise.

Related episodes:
When insurers can't get insurance (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by Tyler Jones. Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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American science brain drain

Friday, May 02, 2025

President Trump's federal cuts and scrutiny of academic institutions are forcing some U.S. scientists to head for the border. On today's show, an entomologist keeping America's farms safe from pests reconsiders America. And a CEO of a Canadian hospital explains how they are benefiting from the exodus.

Related episodes:
How much international students matter to the economy (Apple / Spotify)
What happens when billions of dollars in research funding goes away (Apple / Spotify)
A 'Fork in the Road' for federal employees (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by
Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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What's missing in the immigration debate

Wednesday, October 30, 2024

Immigration is a top concern among U.S. voters this election cycle. But Zeke Hernandez, a professor at the University of Pennsylvania who studies immigration,thinks politicians and the media aren't giving the public the full story. Too often, he argues, they paint immigrants as objects of pity or fear, when the reality is much more complex — and positive. Today on the show, we look beyond the binary and explore the less talked about ways documented and undocumented immigrants shape the U.S. economy.

Zeke's book is called The Truth About Immigration: Why Successful Societies Welcome Newcomers.

Related listening:
Is the border crisis really a labor market crisis? (Apple / Spotify)
Do immigrants really take jobs and lower wages? (Apple / Spotify)
Welcome to the USA! Now get to work (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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Mail bag! Grad jobs, simplified branding and central bank independence

Monday, September 30, 2024

Penny for your thoughts? Today we open our mail bag to hear from Indicator listeners. A college graduate tells us about their job search, a researcher discusses why products advertised as 'simple' may not be so straightforward, and another listener thinks the debate over Fed independence is a little more nuanced than we let on.

Heard something on the show you liked (or didn't)? Have an insight to share about the economy? Send us an email: indicator@npr.org!

Related episodes:
Should presidents have more say in interest rates? (Apple / Spotify)
We grade Fed Chair Jerome Powell (Apple / Spotify)
Trade wars and talent shortages (Apple / Spotify)
If the world had no accountants (Apple / Spotify)
The case for inflation

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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Is Google search getting worse?

Thursday, June 13, 2024

There are many anecdotal complaints about Google search not being what it used to be. A German computer scientist and his colleagues put this theory to the test recently focusing on product reviews. Today on the show, we bring their findings to Google's chief search scientist.

Related episodes:
How Fortnite brought Google to its knees (Apple / Spotify)
Microsoft vs. Google: Whose AI Is better? (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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Is retail theft getting worse?

Tuesday, September 26, 2023

Retailers are blaming thieves for falling profits. It's the biggest part of a problem called "shrink."

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The Explosive Growth Of The Fireworks Market

Tuesday, July 04, 2023

Over the last few decades, states and counties across America have liberalized the use of fireworks. It's just one reason why sales of fireworks have exploded.

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Do the rising wages in the U.S. make a difference if prices are going up too?

Friday, December 03, 2021

Although workers across the country have seen an increase in wages, the cost of things like gas and food have also risen. This has left workers wondering if these raises are real or just an illusion.

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Swastika, New York, Is Keeping Its Name

Thursday, September 24, 2020

When an outsider suggested the tiny northern hamlet of Swastika should change its name, town supervisors quickly rejected a change.

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Crowd In Canton Joins Small New York Towns Protesting Racism, Police Brutality

Saturday, June 06, 2020

Crowds gathered in the northern New York village of Canton and other small New York towns on Saturday to protest racism and honor black lives lost to police brutality.

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Utah Wants To Overhaul Its State Flag, But Needs To Decide On How

Tuesday, February 26, 2019

Utah lawmakers have decided to take on the state flag this legislative session. There's general agreement that the current flag needs an overhaul, but no consensus yet on what should replace it.

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In Utah, Opponents Of Medical Marijuana Initiative Want To Revise Law

Friday, November 30, 2018

Voters in Utah voted to legalize medical marijuana this year. Now state lawmakers are meeting to rewrite the provisions, but supporters of the initiative say the lawmakers are overstepping.

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In Utah House Race, Attitudes Toward Trump Divide GOP Candidates

Thursday, August 10, 2017

The GOP primary to replace Jason Chaffetz in Utah's 3rd Congressional District includes a candidate embracing many of Trump's positions and another who didn't vote for the president last year.

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Utah Rep. Jason Chaffetz To Leave Office At The End Of June

Thursday, May 18, 2017

The chairman of the House Oversight Committee says he wanted a change and to spend more time with his family. He would not discuss his next career move, but he says, "I want to still have a voice."

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Chaffetz's Support Of Trump Brings Boos And Jeers At Utah Town Hall

Friday, February 10, 2017

The powerful chairman of the House Oversight Committee said that Trump, as president, is exempt from conflict of interest laws and that he would not launch an investigative "fishing expedition."

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