
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 seeking jobless benefits shot up again last week, as 6.6 million more of the unemployed filed first-time claims. Much of the economy has shut down, leaving millions out of work.
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In a letter to shareholders, the JPMorgan Chase CEO applauds the government and the Fed for quick work, but says the pandemic will have devastating consequences for the global economy.
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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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A record number of Americans filed for unemployment benefits for the first time last week as the coronavirus hammered the economy. It's nearly five times the levels seen during the Great Recession.
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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.
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With more and more businesses shutting down around the country, a flood of new unemployment claims are pouring in. But President Trump continues to downplay the impact of the virus on the economy.
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States are now reporting a sudden, sharp spike in jobless claims as the coronavirus crisis stalls business around the country.