If you're one of those people who covet the latest, greatest thing (assuming you can afford it), life's been pretty tough for you lately. The announcements of new handheld electronic gadgets — and rumors of those to come (Apple fans are standing by) — have come so rapidly that it's been hard to keep up with them all.
The jobs report released Friday morning came in weaker than expected. Employers added 96,000 jobs to payrolls. The unemployment rate did fall to 8.1 percent, but that was because so many people left the workforce.
The Labor Department reported that the economy added 96,000 jobs in August, far fewer than analysts had predicted. The unemployment rate fell from 8.3 percent to 8.1 percent, an indication that more people moved out of the workforce. Host Michel Martin discusses the latest unemployment numbers with NPR Senior Business Editor Marilyn Geewax.
Meanwhile, the nation's unemployment rate edged down to 8.1 percent from 8.3 percent the month before. Often, the jobless rate dips even when employment growth is weak because the size of the labor force shrank as many Americans gave up looking for work.
It's a report that will surely add to the presidential campaign rhetoric.
A new line of tablet readers is at the top of NPR's business news.
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INSKEEP: They come from Amazon, which is rolling out its latest Kindle e-readers. They are faster, we're told, as well as cheaper. And as NPR's Steve Henn reports, they're aimed squarely at the youngest members of the family.
Peter Frew is one of a tiny number of people left in the United States who can — entirely on his own, using almost no machinery — make a classic bespoke suit. He can measure you, draw a pattern, cut the fabric and then hand-stitch a suit designed to fit your body perfectly.
Frew spent more than a decade as an apprentice for a remarkable tailor in his native Jamaica. He now sells his suits for about $4,000. Since New York is filled with very rich people who see their suits as an essential uniform, Frew has all the orders he can handle.
The concept of "pay what you want" for goods and services is a nostalgic throwback to the days when people trusted one another just a little bit more, and it's something you expect to see at the occasional farm stand or at a hip, independent coffee shop.