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 379,000 jobs in February — more than most forecasters predicted. Despite this increase in jobs, the Biden administration says the country is still a long way from full employment.
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Meanwhile, the unemployment rate dipped to 6.2% last month as the winter wave of coronavirus infections eased. -
Forecasters expect today's jobs report to show an uptick in hiring last month, after a disappointing January. The report comes as Congress is weighing another $1.9 trillion in economic aid.
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U.S. factories are thriving thanks to unexpectedly strong demand for all kinds of goods, but that is also leading to unexpected headaches.
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Backers of the president's ambitious stimulus plan say it will help struggling families and businesses, but critics say it goes too far.
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President Biden's economic rescue bill includes $350 billion in aid to state and local governments. While state finances have fared better than predicted, local governments may be less stable.
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Republicans in Congress question whether schools, cities and states really need as much relief as President Biden and Democrats want to give them. At the local level, people say they're desperate.
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Powell warned it will take time to put millions of jobless Americans back to work, while also downplaying inflation threats.
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Retail spending rebounded strongly last month after three months of decline. The jump was fueled partly by $600 federal relief payments, which hit people's bank accounts at the beginning of the month.
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As impeachment fades into the rearview mirror, lawmakers will be focused on President Biden's proposed $1.9 trillion economic rescue package. Economists are debating that level of federal spending.
