Business

1:21pm

Fri June 7, 2013
The Two-Way

Poll: Americans, Chinese Harbor Mutual Suspicions

Originally published on Fri June 7, 2013 2:05 pm

As President Obama and his Chinese counterpart prepare for a weekend summit in California to discuss thorny bilateral issues, a new poll shows that ordinary Americans and Chinese increasingly eye one another with suspicion.

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12:47pm

Fri June 7, 2013
The Salt

On National Doughnut Day, Free Food And Feel-Good History

Originally published on Tue June 11, 2013 10:43 am

The cover of the Salvation Army's War Cry magazine from 1918 commemorates the "Doughnut Girl."
Wikimedia Commons

We here at The Salt tend to look at themed food holidays with a heavy dose of skepticism. Most of these days sound more like marketing schemes than true reasons for a national day of remembrance.

So we were pleasantly surprised to learn that there is a bona fide historical reason to chow down on a deep-fried pastry today to mark National Doughnut Day.

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11:56am

Fri June 7, 2013
Arts & Life

Photo Staff Firings Won't Shake Pulitzer Winner's Focus

The Chicago Sun-Times made a surprise announcement last week: it fired its entire photography staff. Pulitzer Prize winning photojournalist John White worked there for more than forty years. He talks to guest host Celeste Headlee about what this news means for him personally and the future of photojournalism.

11:56am

Fri June 7, 2013
Economy

Are There Jobs Out There For Recent Grads?

Originally published on Fri June 7, 2013 4:53 pm

Transcript

CELESTE HEADLEE, HOST:

This is TELL ME MORE from NPR News. I'm Celeste Headlee. Michel Martin is away. Coming up, we speak with a Pulitzer Prize-winning photographer who just lost his job after 44 years at the Chicago Sun-Times. But first, speaking of jobs, the latest figures are out from the Department of Labor. The U.S. economy added 175,000 jobs last month. That's the good news. The bad news is the unemployment rate rose to 7.6 percent. How does that math work? We're going to talk about that.

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11:19am

Fri June 7, 2013
Economy

No Big Waves In The Labor Pool

Originally published on Fri June 7, 2013 1:44 pm

Shoppers walk along Broadway in New York City. Retailers added 28,000 in May amid signs of strength in consumer spending.
Spencer Platt Getty Images

June is a nice month for treading water — if you happen to be in a swimming pool.

But if you are in the labor pool and trying to make your way toward a job, a stronger current in the right direction would be appreciated.

Unfortunately, the jobs report released Friday by the Labor Department showed that the economy continues to drift along at a languid pace.

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8:38am

Fri June 7, 2013
The Two-Way

Job Growth Was Slow And Steady In May, But Jobless Rate Rose

Originally published on Fri June 7, 2013 10:41 am

Spencer Platt Getty Images

There was modest job growth once again in May even as the nation's unemployment rate ticked up, the Bureau of Labor Statistics reported Friday.

According to BLS:

-- 175,000 jobs were added to public and private payrolls last month, slightly more than economists had expected.

-- The jobless rate rose to 7.6 percent from April's 7.5 percent. That rate can rise even as more jobs are added because the size of the labor force has also gone up.

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5:34am

Fri June 7, 2013
Business

Ill. Assembly Called Back To Work On Pension Fund Shortfall

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with pension problems for Illinois.

(SOUNDBITE OF MUSIC)

MONTAGNE: The credit rating for the state of Illinois has taken another step closer to junk bond status. Illinois already had the lowest credit rating in the nation before it was downgraded again this week by Moody's and Fitch. The state legislature adjourned last week without addressing a $100 billion pension shortfall.

So as NPR's David Schaper reports, the governor is calling lawmakers back.

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5:32am

Fri June 7, 2013
Business

California Hosts U.S.-China Summit

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

LINDA WERTHEIMER, HOST:

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4:46am

Fri June 7, 2013
Economy

U.S. Unemployment Rate Inched Up In May

Originally published on Fri June 7, 2013 9:37 am

Transcript

RENEE MONTAGNE, HOST:

There are no big surprises in this morning's job report from the government. The unemployment rate increased slightly on moderate job growth. It met or slightly exceeded expectations. This is one of the most significant economic indicators we look at every month, and joining us to discuss the Labor Department's report is NPR's Yuki Noguchi. Good morning.

YUKI NOGUCHI, BYLINE: Good morning.

MONTAGNE: What can you tell us about these numbers?

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4:46am

Fri June 7, 2013
Movie Interviews

'Internship': A love Story To Nooglers

Originally published on Mon June 10, 2013 12:42 pm

Transcript

RENEE MONTAGNE, HOST:

A Hollywood movie opens today, set in the competitive and usually lowly paid world of interns. "The Internship" follows two 40-year-old, down-on-their-luck watch salesmen, played by Vince Vaughn and Owen Wilson. They land an unlikely summer internship at Google, where they have to compete for a full-time gig. NPR's Steve Henn brings us this report about what the more than 1,000 new real Google interns, or Nooglers, are up to as they arrive at the company's campuses around the country.

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