The U.S. economy gained 204,000 jobs in October, nearly twice what most economists predicted. The unemployment rate figure went up, but that number was distorted because the Labor Department did its sampling during the federal government shutdown.
<em>The Onion </em>announced that it will cease producing print editions of the satirical news source, in favor of its digital efforts. Here, an <em>Onion</em> story from July that declared the death of print.
Credit The Onion
There comes a time, it seems, when even parodies must face reality. And for The Onion, that time will come in December, when the satirical news source will stop publishing print editions and shift to being all-digital.
The price of pecans is going up, up, up, which may mean that if you're planning a pecan pie for Thanksgiving, the time to buy them is now. The reasons behind that escalating price all come down to natural forces: supply and demand and weather.
Originally published on Fri November 8, 2013 8:08 pm
This Blockbuster store in Mission, Texas, is franchised by Border Entertainment. The company has 26 stores across Texas and Alaska that will live on after the last 300 or so company-owned stores are closed by early January 2014.
Blockbuster was once the king of movie rental stores. At its peak, it had about 60,000 employees and more than 9,000 stores.
But after struggling for several years, the chain is breathing its last gasp. Dish Network, which bought Blockbuster in a 2011 bankruptcy auction, says it will close the remaining 300 or so company-owned stores by January.
On Twitter, it put out a call for "Blockbuster Memories."
CBS News has retracted a key segment of a "60 Minutes" report that aired in late October. The story chronicled the deadly attack on the U.S. mission in Benghazi, Libya. As NPR's media correspondent David Folkenflik reports, CBS had defended its stories - its story for days. This was despite growing doubts about the credibility of a source, a British security contractor.
From NPR News this is ALL THINGS CONSIDERED. I'm Melissa Block in Washington.
AUDIE CORNISH, HOST:
And I'm Audie Cornish at NPR West in Culver City, California. This morning many economists were bracing for disappointing numbers from the Labor Department. But in fact, October hiring beat the estimates. Businesses seemed to shrug off last month's government shutdown, although the unemployment rate did tick up slightly to 7.3 percent. NPR's Yuki Noguchi explains.
Graphic designer Tom Sadowski, 65, works from home in Sterling, Va., in October. Many experts believe the economy is becoming too complicated for the Bureau of Labor Statistics to measure accurately using current methods.
Credit Manuel Balce Ceneta / AP
In October, private employers did a lot of hiring, but a government shutdown forced hundreds of thousands of workers to stay home.
Those federal furloughs offset 204,000 jobs created last month — enough to push the unemployment rate one tick higher to 7.3 percent, the Labor Department said on Friday.
Or maybe the end of that sentence should read: the Labor Department guessed on Friday.