“Marketplace Morning Report,” hosted by David Brancaccio, is the business news you need to know to start your day. “Marketplace Morning Report” gets you up to speed on what you missed when you were sleeping, kicking off each weekday with a global business update from the BBC World Service in London.
08-01-14- Morning Report- Construction worker shortage
It's a total collapse for a global trade deal said to be worth a trillion dollars. The World Trade Organisation had hoped the agreement would add 21 million jobs around the globe, by easing customs rules. But India's refusal to sign means the deal's off, now that the deadline has passed. Plus, the housing crash sent many construction workers fleeing to other industries. Now that housing is recovering, builders are struggling with a shortage of skilled workers. That’s delaying housing starts and driving up home prices. And, Mark Garrison talks to Pro Publica Senior Editor Tracy Weber about their recent reporting on a company called USA Discounters that offers easy credit to military service members. The catch? If a service member falls behind, the company aggressively goes after them, by suing them in courts near its Virginia headquarters, making it incredibly difficult for service members to show up in their own defense.