Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Horsley spent a decade on the White House beat, covering both the Trump and Obama administrations. Before that, he was a San Diego-based business reporter for NPR, covering fast food, gasoline prices, and the California electricity crunch of 2000. He also reported from the Pentagon during the early phases of the wars in Iraq and Afghanistan.
Before joining NPR in 2001, Horsley worked for NPR Member stations in San Diego and Tampa, as well as commercial radio stations in Boston and Concord, New Hampshire. Horsley began his professional career as a production assistant for NPR's Morning Edition.
Horsley earned a bachelor's degree from Harvard University and an MBA from San Diego State University. He lives in Washington, D.C.
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U.S. employers added 559,000 jobs last month, as the unemployment rate fell to 5.8% from 6.1% in April. Employers say they could use even more workers as demand surges and pandemic fears recede. -
Over two dozen states are ending pandemic unemployment benefits early. Some say the money keeps people from looking for work. Calls to end the payouts got louder after lackluster job gains in April.
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As the pandemic retreats and summer travel starts, hotels, airlines and rental car companies are expecting a big jump in business. Travelers also may have to prepare for longer lines, higher prices.
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Prices are jumping as the economy rebounds from the pandemic, but the Biden Administration and the Federal Reserve say a return to 1970s-style inflation is unlikely. -
President Biden signed an executive order Thursday that aims to safeguard families, businesses, and the government from the financial fallout of a changing climate. -
President Biden downplayed complaints that unemployment benefits are discouraging people from looking for work, but stressed that those who turn down suitable job offers may be at risk of losing aid.
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April's jobs number failed to meet projections, casting doubt on the country's post-pandemic recovery. But the Biden administration says that the economy is recovering faster than expected.
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U.S. employers added 266,000 jobs last month, far fewer than analysts had expected. The unemployment rate rose to 6.1%. -
Newly vaccinated Americans are spending more freely on restaurants, travel and live entertainment. That should give a boost to pandemic-scarred service industries. -
Personal income jumped by a record 21% last month, largely thanks to those $1,400 relief payments. The extra cash helped fuel a jump in spending that should continue in the months to come.
