Business & Education

The Two-Way
4:46 pm
Sun April 7, 2013

Broadcasters Struggle To Tap Into The 'Zero TV' Crowd

Originally published on Mon April 8, 2013 7:39 am

Broadcasters will convene this week in Las Vegas to discuss how to win back the "Zero TV Crowd": a rapidly growing demographic of people who don't subscribe to cable or satellite TV services.

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Economy
6:11 am
Sat April 6, 2013

Sequester Pinches Long-Term Unemployed Even More

A crowd of jobseekers attends a health care job fair on Thursday in New York.
Mark Lennihan AP

Originally published on Sun April 7, 2013 10:08 am

Almost 5 million Americans are considered long-term unemployed, meaning they have been searching for work for at least six months.

This week, their plight is getting a bit tougher as the government cuts their unemployment benefits — part of the automatic reductions in federal spending that took effect recently.

On a recent day, about 40 people turned out at a Manhattan jobs center run by the New York Labor Department to get advice on looking for work. These are all people who have been out of work for at least 27 weeks.

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Business
6:11 am
Sat April 6, 2013

What Does Amazon's Purchase Of Goodreads Mean For Book Industry?

Originally published on Sun April 7, 2013 10:08 am

Transcript

SCOTT SIMON, HOST:

Late last week, Amazon, which features reader reviews on its sales website, announced that it's buying Goodreads, a hugely popular reader review site. Now, the announcement jarred a lot of Goodreads fans and upset lots of reader-reviewers and authors too. Greg Bensinger has been covering the story for the Wall Street Journal. He joins us from KQED in San Francisco. Thanks so much for being with us.

GREG BENSINGER: My pleasure, hello.

SIMON: Why did Amazon want to inhale Goodreads so much?

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Economy
2:58 pm
Fri April 5, 2013

Although Unemployment Dropped In March, Job Growth Slowed

Originally published on Fri April 5, 2013 5:04 pm

Transcript

AUDIE CORNISH, HOST:

It's ALL THINGS CONSIDERED from NPR News. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

At first blush, it might seem like good news from the Labor Department this morning: The unemployment rate that has been dropping in recent months fell again. It fell to 7.6 percent in March. But job growth was much weaker than expected. And the main reason that the rate went down is that a large number of people decided to leave the workforce. NPR's Yuki Noguchi joins us now. Hi, Yuki.

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Business
2:58 pm
Fri April 5, 2013

Despite Sequester, Aviation Companies Expand In North Carolina

Originally published on Fri April 5, 2013 5:04 pm

The forced budget cuts known as the "sequester" have not yet started to trickle down to the local level. But that hasn't stopped politicians from talking about what those cuts will mean. But business leaders in a city with strong aviation ties aren't looking at only the conversations in Washington as they plan their futures.

Business
2:58 pm
Fri April 5, 2013

Investigation Finds Wealth Of Information On Tax Evaders

Originally published on Fri April 5, 2013 5:04 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

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Economy
2:58 pm
Fri April 5, 2013

California's Unemployment Stuck High As National Average Dips

Originally published on Fri April 5, 2013 5:04 pm

California's economy is a study in contrasts. The state's unemployment rate — 9.8 percent — is tied with Rhode Island for the highest in the country. Parts of the state are still suffering mightily from the housing collapse. But there are also large pockets of job growth and revival.

Economy
1:43 pm
Fri April 5, 2013

Honda's Growth Helps Tow Ohio Out Of Recession

Al Kinzer, who was Honda of America's first employee, drives the company's one millionth U.S.-produced car off the assembly line at Honda's assembly plant in Marysville, Ohio, April 8, 1988.
Greg Sailor AP

Originally published on Fri April 5, 2013 5:04 pm

Honda is moving its North American headquarters from California to Ohio. That's just the latest bit of good news for the Buckeye State and Honda, whose fortunes have been closely tied for decades now.

Honda has been an economic heavyweight here since it was lured to central Ohio in the 1970s. The company's footprint is big, and it continues to increase.

Honda's sprawling Marysville Auto Plant opened outside Columbus in 1982. Since then, it has grown to nearly 4 million square feet and now sits on a campus of 8,000 acres.

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Planet Money
12:23 pm
Fri April 5, 2013

The Jobs Report Puzzle

Lam Thuy Vo / NPR

Lots of people are surely looking at today's jobs headlines somewhat puzzled, asking one significant question: How can it be that hiring was much worse than expected in March and the unemployment rate still fell — to 7.6 percent?

The answer isn't a happy one. There are a couple of ways the unemployment rate can fall.

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Economy
11:04 am
Fri April 5, 2013

Unemployment Benefits Dwindle

Originally published on Mon April 8, 2013 9:19 am

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Later in the program, we will speak with a Christian leader who's led his church to rethink both its politics and its worship. It's the Reverend Cecil Williams of San Francisco's Glide Memorial Church. He and his wife, who's also a church leader, will join us for a Faith Matters conversation in a few minutes.

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Economy
9:43 am
Fri April 5, 2013

U.S. Job Growth Slows As Jobless Face Benefit Cuts

Applicants complete forms at a job fair in Newark, N.J. Weak U.S. job growth comes at the same time benefits for the long-term unemployed are shrinking.
Mark Lennihan AP

Originally published on Sat April 6, 2013 3:55 pm

The 11.7 million Americans searching for work got discouraging news Friday morning when the Labor Department said employers created only 88,000 jobs in March. The weak job growth comes at the same time benefits for the long-term unemployed are shrinking.

The smaller-than-expected increase in payrolls was a big disappointment, coming after a long stretch of much better results. Over the past year, employment growth has averaged 169,000 jobs a month.

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The Two-Way
7:36 am
Fri April 5, 2013

Job Growth Slows Sharply, But Unemployment Rate Dips

Li-Wen Hung (left) and Whitney Chen were waiting to meet potential employers at a Manhattan job fair earlier this year.
Mario Tama Getty Images

Originally published on Fri April 5, 2013 12:44 pm

  • From 'Morning Edition': NPR's Yuki Noguchi talks with David Greene about the latest employment report

There were just 88,000 jobs added to private and public payrolls in March, the Bureau of Labor Statistics estimates.

But the nation's jobless rate still edged down to 7.6 percent from 7.7 percent. That dip wasn't for a good reason, though: Nearly half a million fewer people were participating in the labor force. That smaller pool meant the jobless rate could tick down even as job growth was weak.

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The Two-Way
5:43 am
Fri April 5, 2013

'Slow And Steady' Jobs Report Expected

Joe Raedle Getty Images

Originally published on Fri April 5, 2013 7:55 am

  • From 'Morning Edition': Yuki Noguchi talks with David Greene

Update at 8:41 a.m. ET.: Job Growth Slows Sharply, But Unemployment Rate Dips

Although economists had been expecting to hear that the U.S. economy added 200,000 jobs in March, the news is out and the number is far less. Just 88,000 jobs were added to private and public payrolls, the Labor Department reports. The jobless rate still edged down to 7.6 percent — but only because nearly half a million fewer people were in the labor force.

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Business
5:29 am
Fri April 5, 2013

The Ups And Downs Of Cyber Currency Bitcoin

Originally published on Fri April 5, 2013 6:30 am

Transcript

DAVID GREENE, HOST:

Bitcoin is a virtual currency that's traded largely online. It was created in 2009 in the aftermath of the global financial crisis as an alternative to currencies which are controlled by countries and central bankers. But Bitcoin has been on a wild ride lately, soaring in value during the anxious days of the Cyprus banking crisis.

We're going to look at the currency's history in today's Business Bottom Line. Here's NPR's Steve Henn.

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Business
3:31 am
Fri April 5, 2013

Colorado Farmers Scramble To Find Irrigation Water

Originally published on Fri April 5, 2013 6:30 am

Transcript

DAVID GREENE, HOST:

Let's go now to the Great Plains, where farmers are preparing for what could be a tough growing season. They are scrambling to find irrigation water, which is scarce in the midst of the region's persistent drought. In eastern Colorado, thirsty cities have gobbled up water rights for decades, selling what they don't need back to farmers.

As Luke Runyon from member station KUNC reports, the agreement only works when water is plentiful.

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