Friday morning, the Labor Department releases its unemployment report for October. The unemployment rate has been stuck above 9 percent for most of the past three years, and it's not expected to dip below that this month. Host Renee Montagne speaks with NPR's Jim Zarroli about the numbers and the outlook for the U.S. economy.
The airline industry expects that fewer Americans will travel by air this year over the Thanksgiving holiday. The still-sluggish economy is lessening demand for air travel, but it's not dropping prices. Those who do fly for Thanksgiving will still find their flights packed.
On Wednesday, a group of students walked out of a popular economics class because they say it pushes ideology that favors the rich at the expense of the poor. Host Steve Inskeep speaks with the professor of that class, Greg Mankiw, who used to be an economics advisor to President George W. Bush.
Italy's prime minister promised European leaders that he would come up with solid proposals to show his country can reduce its mountain of debt, stimulate its economy and avoid a bailout. But he's expected to show up at the G-20 summit with with a vague list of measures that aren't likely to satisfy.
The Federal Reserve is predicting slower growth and less improvement in the unemployment rate through 2013. The news comes after a meeting of the Fed's policy-making committee, in which it decided against taking new measures to stimulate the economy. But Chairman Ben Bernanke said additional steps may be needed down the road.
As the G-20 convenes in Cannes Thursday, the European Union's roller-coaster debt crisis tops the agenda. Last week, European leaders asked cash-rich China to back the E.U.'s bailout fund. Some economists saw the request as marking a shift in the global economic order.
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