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U.S. Unemployment Rate Sticks At 8.2 Percent

Job growth in June was disappointing and employers only added 80,000 jobs to payrolls. That's a bit more than the previous month but less than the forecast. The unemployment rate held steady at 8.2 percent.
NPR

Jobs Report And Politics: The Monthly Spin Cycle

It's become a pattern: On the first Friday of the month, the Labor Department issues a disappointing economic report. Republicans cite it as proof of President Obama's failed policies. The White House urges everyone to focus on the glass half full. And both sides miss the broader picture.
WAMU 88.5

The Global Banking Scandal

The ousted chief executive of Barclays Bank says it wasn’t the only financial institution that tried to manipulate benchmark interest rates. We look at the widening global bank scandal and the role of regulators.

NPR

Rigging LIBOR: Banking scandal hits home (literally)

Correspondent Robert Smith discovered an obscure but critical interest rate when he took out a mortgage. Now the world is learning how that rate was manipulated.
NPR

Is The Jobs Report A 'Kick In the Gut'?

Presumed GOP nominee Mitt Romney calls the June employment report that showed 80,000 jobs created "another kick in the gut to middle class families." Host Michel Martin speaks with two of Tell Me More's regular politicos, Democrat Corey Ealons and Republican Ron Christie, about how these figures could affect the race for the White House.
WAMU 88.5

Tax Breaks For Tech In The District

The District is offering a $32.5 million tax deal to keep LivingSocial local, and while critics say it's a giveaway, others say it's key to nurturing a nascent tech industry.

NPR

How Unemployment Has Dragged On, In Three Charts

As unemployment comes down, the long-term unemployed aren't benefitting as much. Long-term unemployment in 3 graphics.
NPR

Just 80,000 Jobs Added In June; Unemployment Rate Stays At 8.2 Percent

Economists had been expecting slightly better job growth. The jobless rate has been above 8 percent since February 2009. The report adds to evidence that the economy is slowing again.

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