Nov 19, 2020
Many full-time workers still have incomes low enough to qualify for Medicaid, SNAP
A sign in a New York City market window advertises the acceptance of food stamps.
Spencer Platt/Getty Images
Plus, jobless claims rise, while those who still have jobs are getting into real estate. Also, an update on the hotel industry. And, a closer look at the teen voting bloc ahead of Georgia's Senate runoff elections.
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Segments From this episode
Walmart, McDonald's among largest employers of workers on SNAP, Medicaid, GAO report shows
Marketplace’s Nova Safo has more.
The strong housing market can have a positive effect on other parts of the economy
Housing starts — essentially how many new homes are being constructed — are up 14% year over year. Guy LeBas, chief fixed income strategist for Janney Montgomery Scott, says this kind of growth can have a “multiplier effect across other areas of the economy.” “Each dollar spent on what we call residential investment, which is sort of building a new house or renovating, generates as much as $3 to $5 of other activity elsewhere in the economy,” LeBas said. “So that’s, that’s one really positive sign that I think we need to spend some time looking at and feeling good about.”
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Music from the episode
All the Pieces Patrice Pike
The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Daniel Shin
Producer
Jay Siebold
Technical Director
Brian Allison
Engineer
Meredith Garretson Morbey
Senior Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Alex Schroeder
Producer
