Business

6:00am

Sat April 7, 2012
Economy

Unemployment Fell, But More Ended Job Hunt

Just when it seemed to be gaining steam, the U.S. job market pretty much stalled in March. Employers added a net 120,000 jobs during the month, defying the higher expectations of a lot of economists. And though the unemployment rate fell, it did so for the wrong reasons.

Over the past few months, the economy has been adding jobs at a good, if not spectacular, pace, and all the signs suggested that trend had continued through March. As it happened, jobs increased at a rate that barely keeps up with population growth.

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11:59pm

Fri April 6, 2012
Social Entrepreneurs: Taking On World Problems

Company Ties Shoes And Ethics Together

Originally published on Sat April 7, 2012 10:16 am

Gideon Shoes co-founder Matt Noffs with youth from The Street University, the nonprofit youth center that launched the fair trade company.
John Burnett NPR

You don't go through corporate communications to meet the executive steering committee at Gideon Shoes.

Instead, you walk through a basketball court with graffiti-covered walls and into a sound studio. There, Gideon employees are warming up their talking points: rap lyrics.

"There's no excuses in this life, so I'm fighting on. ... The flame inside my heart is more like a firestorm," they rap.

The team is made up of Suhkdeep Bhogal from India, Thane Poloai from Samoa and Allan from New Zealand, who doesn't want to give his last name.

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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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