Business

11:49am

Fri April 6, 2012
Economy

For Long-Term Unemployed, Help Is Running Out

Job seekers line up to enter a career fair in Los Angeles. Both Congress and states are cutting back on unemployment benefits.
Kevork Djansezian Getty Images

Diane Turner can't find work. She spent 30 years managing dental practices in Sonoma County, north of San Francisco, but lost her last job in that field a couple of years ago.

She worked for a while greeting customers at an auto body shop, but lost that job a year ago. "It was very depressing," Turner says. "I always worked, and I was always able to get a job."

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7:12am

Fri April 6, 2012
Economy

Jobless Rate Slips; Fewer New Jobs Than Expected

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. Good morning. I'm Steve Inskeep.

Let's talk about the surprisingly weak jobs report that came out from the Labor Department today. The numbers for March show just 120,000 new jobs were added to U.S. payrolls. That's considered a disappointment, even though the unemployment rate did decline slightly, to 8.2 percent.

NPR's John Ydstie is here to talk with us about what all this means. Hi, John.

JOHN YDSTIE, BYLINE: Hi, Steve.

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6:34am

Fri April 6, 2012
The Two-Way

Just 120,000 Jobs Added, But Jobless Rate Dips To 8.2 Percent

Originally published on Fri April 6, 2012 8:37 am

The changes in payroll employment over the past two years.
NPR

The nation's unemployment rate edged down to 8.2 percent in March from 8.3 percent in February, but only 120,000 jobs were added to private and public payrolls the Bureau of Labor Statistics said this morning in a report that was less positive about the labor market's health than economists had expected.

Prior to the news, forecasters had predicted BLS would say about 200,000 jobs were added to payrolls last month.

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4:55am

Fri April 6, 2012
The Two-Way

Jobless Rate Likely Held Steady At 8.3 Percent In March, Economists Say

The morning's major news, if all goes as planned, will be the 8:30 a.m. ET release of the March jobs and unemployment data from the Bureau of Labor Statistics.

According to Reuters, economists expect we'll hear that the unemployment rate stayed at 8.3 percent and that private and public employers added about 200,000 jobs to their payrolls. The jobless rate's recent peak was 10 percent, in October 2009.

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2:00am

Fri April 6, 2012
Business

The Last Word In Business

According to The Consumerist, the video game publisher received more than 250,000 reader votes for that distinction. It was singled out for deliberately holding back video game content so it can charge for it later, and for buying up small video game companies to squash competition.

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