Economy

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NPR

Obama, Romney Have Sharply Different Takes On Weak Jobs News

While the Republican contender blames what he says are the administration's "failed" economic policies for weak job growth, the president says he headed off another Great Depression. It's the central debate of the 2012 campaign.
NPR

How Bad Jobs Report Can Trigger Vicious Cycle

The economy added just 69,000 jobs in May, according to the Labor Department, and the unemployment rate increased for the first time in nearly a year, from 8.1 to 8.2 percent. Could that news have a psychological effect causing real problems for the economy? Host Michel Martin asks NPR's senior business editor Marilyn Geewax.
NPR

Employment Growth Slows As Jobless Benefits Shrink

May's higher unemployment rate and meager job creation couldn't have come at a worse time for the long-term unemployed. The unwelcome news arrives just as federal support for unemployment benefits is starting to fade.
NPR

Stocks Drop On Weak Jobs News

Investors are reacting to the much-weaker-than-expected report on job growth in May.
NPR

'Lousy' News: Just 69,000 Jobs Added In May; Jobless Rate At 8.2 Percent

Both numbers are disappointments. Economists had expected BLS would say the jobless rate was 8.1 percent and that payrolls expanded by at least 150,000 jobs.
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D.C. Partners With Chinese Bank To Spur Economy

Washington, D.C. is partnering with one of the largest state-run banks in China.

NPR

Did Jobs Grow Fast Enough In May? Probably Not

Economists expect to hear that a modest 150,000 jobs were added to payrolls last month and that the jobless rate stayed at 8.1 percent. They say employers just aren't adding jobs fast enough to bring unemployment down quickly.

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