
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 coronavirus has taken a hatchet to municipal budgets, forcing cities and towns to lay off librarians, parks workers and even first responders like police and firefighters.
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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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The coronavirus strikes both rich and poor people, but waiting out the pandemic is a lot easier if you've got a yacht. Ellen DeGeneres and other stars have been called insensitive about COVID-19.
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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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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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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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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.