In this episode, Cameron Abadi and Adam Tooze discuss the larger implications of the Great Resignation and the booming sales of pet food.
On this episode of Ones and Tooze, we talk about 10.4 million—that’s the number of jobs that are currently unfilled in the U.S. economy as of September, according to the latest data from the Bureau of Labor Statistics. That’s not much different than the record high of 10.9 million openings that were recorded back in July. As COVID-19 vaccinations have increased and the economy has continued to open up, employers have been finding it incredibly difficult to find workers to fill jobs.
Economists are calling it the “Great Resignation”—this phenomenon of people exiting the labor force in droves and employers struggling to fill their openings. Adam Tooze and Cameron Abadi examine the Great Resignation and what it may portend for the economy.
Then, the two hosts discuss the billions of dollars Americans spend each year in the growing market for pet food. Is this consumerism run amok, or does the connection between humans and pets tell a different story about the value of animal companionship?
About Ones and Tooze: Foreign Policy economics columnist Adam Tooze, a history professor and a popular author, is encyclopedic about basically everything: from the COVID shutdown, to climate change, to pasta sauce. On our new podcast, Tooze and FP deputy editor Cameron Abadi will look at two data points each week that explain the world: one drawn from the week’s headlines and the other from just about anywhere else Tooze takes us. Check out Adam Tooze’s column here. See All Episodes
More Ones and Tooze episodes:
Tech’s New Trillionaire
Plus: the economics of Mexico.
Live From Berlin
Adam and Cameron talk the U.S. debt ceiling and German economics with a live audience.
How Turkey’s Economy Explains Its Election Results (or Doesn’t)
Plus: The economics of olive oil.
Other Foreign Policy podcasts:
The Hidden Economics of Remarkable Women (HERO)
A Foreign Policy series about women creating change through economic empowerment, hosted by Reena Ninan. This season, we have partnered with journalists around the world to cover underreported ways women are challenging the status quo. You’ll hear about justice for domestic migrant workers in Gulf states, how to break down gender barriers in the film industry, and the financial factors behind female genital mutilation, among other issues. HER♀ is a Foreign Policy production made possible in part through funding from the Bill & Melinda Gates Foundation. Watch the trailer below to see more about the show.
Spies don’t talk—it’s the cardinal rule of the business. But here at Foreign Policy, we get them to open up. On I Spy, we hear from the operations people: the spies who steal secrets, who kill adversaries, who turn agents into double agents. Each episode features one spy telling the story of one operation. Want swag? Check out I Spy's merch by clicking here.
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