Hosted by Kai Ryssdal, our flagship program is all about providing context on the economic news of the day. Through stories, conversations and newsworthy numbers, we help listeners understand the economic world around them.
Airing on Monday, June 22, 2015: Sales of existing homes increased by about 5 percent in May, reaching their highest level since 2009. We look at what’s behind this housing number, and the role of first-time buyers—who accounted for about 30 percent of transactions—in this increase. Next: Instacart is reclassifying part of its workforce as part-timers to get out of the independent contractor issue, which is threatening to drop an anvil on the sharing economy. We’ll use that as the way in, and also look at other approaches to solving this problem, such as the push to create a “dependent contractor,” which would be the first new job classification in years.