Jim Zarroli
Stories
-
Business
6.6 Million More File For Unemployment As Coronavirus Keeps Economy Shut
The number of people seeking jobless benefits shot up again last week, as 6.6 million more of the unemployed filed first-time claims. Nearly 17 million have filed in the past three weeks.
-
Business
Jamie Dimon Warns 'A Bad Recession' Is Coming
In a letter to shareholders, the JPMorgan Chase CEO applauds the government and the Fed for quick work, but says the pandemic will have devastating consequences for the global economy.
-
Business
What Happened Today: Another Unprecedented Jump In Unemployment
An NPR economics reporter answers listener questions about the enormous new unemployment numbers released Tuesday by the U.S. Department of Labor.
-
Business
Labor Department Reports 6.6 Million Jobless Claims
Jobless claims hit 6.6 million in today's report, doubling the grim milestone reached last week. The numbers are released weekly by the U.S. Department of Labor.
-
Politics
The U.S. Was Already Deep In Debt. This Year's Deficit Will Be 'Mind-Boggling'
The economic rescue package just passed by Congress will push this year's budget deficit above $3 trillion. Such huge levels of deficit spending used to set off alarm bells in Washington, but no more.
-
Health
3.3 Million File For Unemployment Claims, Shattering Records
A record number of Americans filed for unemployment benefits for the first time last week as the coronavirus hammered the economy. It's nearly five times the levels seen during the Great Recession.
-
Business
As Coronavirus-Hit Industries Request Bailouts, Not All Want To Oblige Them
Congress is forming plans to rescue businesses hit hard by the effects of the coronavirus outbreak, just as it did during the 2008 financial crisis. But not everyone thinks it's a good idea.
-
Business
Filings For Unemployment Benefits Rise As Coronavirus Hits Job Market
New claims for jobless benefits climbed 70,000 to 281,000 last week as the coronavirus pandemic shuttered businesses and left people out of work. It was the highest level since September 2017.
-
Business
Jobless Claims Spike Throughout Country As Coronavirus Pauses Business
States are now reporting a sudden, sharp spike in jobless claims as the coronavirus crisis stalls business around the country.
-
Health
Coronavirus Spreads Recession Fears Around The World
U.S. businesses are shutting down plants and watching their sales plummet around the world. Many economists now say odds are increasing that the economy will slow, if not contract altogether.