Finance Column » Your Money This Week » Out of our gourd for jobs

Out of our gourd for jobs

By Holden Lewis ·
Monday, September 16, 2013
Posted 5 am ET

What do these have in common: the unemployment rate, President Barack Obama's habit of appointing people from within his inner circle, 401(k) fees, and Americans' absurd love of pumpkin-flavored beers, bagels, lattes and M&M's?

Answer: They're all discussed in this podcast.

To be fair, most folks wouldn't dismiss a taste for pumpkin as absurd. (And then there are the lonely few who think a lager tastes just fine when it's unsullied by the taste of a huge, orange fruit. Fight it out amongst yourselves in the comment section.)

In this week's podcast:

  • Thomas Perez, the newly sworn-in secretary of labor, says employment is headed in the right direction, although too slowly.
  • Lindsey Piegza, chief economist for Sterne Agee, predicts how markets would react to the appointments of either Janet Yellen or Larry Summers as chairman of the Federal Reserve.
  • Sheyna Steiner, senior investing reporter and analyst for Bankrate, looks at whether employees of small companies pay higher 401(k) fees than employees of big companies.
  • Doug Whiteman, associate editor at Bankrate, says nostalgia is behind the craze for pumpkin-flavored everything.

Bankrate Audio



Washington Bureau Chief,



secretary, U.S. Department of Labor



economist, Sterne Agee



Senior investing reporter,



Associate editor,

What's job 1 for new Secretary of Labor Thomas Perez?

How is the new labor secretary going to help us? And who'll take over at the Fed from Ben Bernanke and does it matter?


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