Growing Black Unemployment, Taxing California Billionaires, New Supreme Court Cases
Oct 3, 2026 · 16m
Summary
This episode analyzes September’s jobs report, highlighting a weak labor market where job growth is driven by healthcare and women, while Black unemployment spikes. It also covers California’s Proposition 40, a proposed one-time wealth tax on billionaires to offset federal Medicaid cuts, which faces opposition from Governor Newsom. Finally, NPR’s Carrie Johnson previews the Supreme Court’s new term, focusing on key cases involving climate change liability, AR-15 bans, and immigration policies.
Topics discussed
Intro: Labor market, CA billionaire tax, and Supreme Court
Sponsor announcements
Interview: Betsy Stevenson on September jobs report
California Prop 40: One-time tax on billionaires
Supreme Court docket: Climate, 2nd Amendment, Religion, Immigration
Credits and preview of Sunday Story
Sponsor: Wealthfront cash account
Sponsor: Wait Wait... Don't Tell Me!
Listen ad-free on Castria