
Jim Zarroli
Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.
Over the years, he has reported on recessions and booms, crashes and rallies, and a long string of tax dodgers, insider traders, and Ponzi schemers. Most recently, he has focused on trade and the job market. He also worked as part of a team covering President Trump's business interests.
Before moving into his current role, Zarroli served as a New York-based general assignment reporter for NPR News. While in this position, he reported from the United Nations and was also involved in NPR's coverage of Hurricane Katrina, the London transit bombings, and the Fukushima earthquake.
Before joining NPR in 1996, Zarroli worked for the Pittsburgh Press and wrote for various print publications.
He lives in Manhattan, loves to read, and is a devoted (but not at all fast) runner.
Zarroli grew up in Wilmington, Delaware, in a family of six kids and graduated from Pennsylvania State University.
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The number of people filing for unemployment climbed by another 5.2 million, as the toll of the nation's economic dive continues to mount. In the past four weeks, 22 million have filed claims.
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JPMorgan Chase set aside the largest amount of money since 2010 to prepare for defaults, as its profit fell 69%. Wells Fargo's earnings sank 89%.
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A Smithfield Foods plant in South Dakota that produces 4% to 5% of the nation's pork supply has become the latest meat processing facility to shut down as COVID-19 sickens plant workers.
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The cruise industry is reeling from the effects of the coronavirus. Most ships are now docked and the industry has gotten no relief in the bills passed by Congress.
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Unemployment claims show another dramatic rise. Some 10 million Americans had already filed for unemploymen in the two weeks prior to this one.
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An NPR economics reporter answers listener questions about the enormous new unemployment numbers released Tuesday by the U.S. Department of Labor.
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Jobless claims hit 6.6 million in today's report, doubling the grim milestone reached last week. The numbers are released weekly by the U.S. Department of Labor.
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The economic rescue package just passed by Congress will push this year's budget deficit above $3 trillion. Such huge levels of deficit spending used to set off alarm bells in Washington, but no more.
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Congress is forming plans to rescue businesses hit hard by the effects of the coronavirus outbreak, just as it did during the 2008 financial crisis. But not everyone thinks it's a good idea.
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New claims for jobless benefits climbed 70,000 to 281,000 last week as the coronavirus pandemic shuttered businesses and left people out of work. It was the highest level since September 2017.