
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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Companies can borrow money from the Federal Reserve under its new lending programs. It's been good for the stock market, but the central bank's effort to help the economy has had lopsided results.
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Even as millions are out of work, the stock market has regained much of the ground it lost since March. Investors are peering into the future and seeing an economy that's beginning to recover.
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Trevon Ellis spent years building up his Minneapolis barbershop, luring customers with smart haircuts, snacks and friendly conversation. It took just one terrible night to destroy it all.
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Around 30 million people have applied for unemployment benefits since mid-March, and state unemployment funds are struggling to keep up with the flood of claims.
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As some states move to reopen their economies, business owners remain uncertain what conditions will be like a few months from now and when customers will be willing to spend again.
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With New York having the largest coronavirus outbreak among U.S. states, activists and community organizers are putting together strikes, refusing to pay rent on May 1.
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Many governments, especially in European countries, are handling unemployment differently, paying companies to keep their workers on the payroll until the pandemic is over.
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The government's $349 billion Paycheck Protection Program had to be thrown together quickly, and the criteria for which companies can receive benefits were kept loose.
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The number of people forced out of work during the coronavirus lockdown keeps soaring. Last week, 4.4 million people filed for jobless benefits, boosting the total since last month to 26 million.
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NPR economics, science and politics correspondents relay the latest in the response to the coronavirus epidemic in the United States.