John Ydstie http://kvpr.org en In May Jobs Report, A Milestone: A Return To Pre-Recession Levels http://kvpr.org/post/may-jobs-report-milestone-return-pre-recession-levels The May jobs report showed steady job creation. Payrolls expanded by 217,000, and unemployment held steady at 6.3%. And there was a milestone: The U.S. economy now has slightly more jobs than it did in December 2007, when the last recession began. Fri, 06 Jun 2014 20:13:00 +0000 John Ydstie 33840 at http://kvpr.org New Pollution Rules Leave Utilities Frustrated, As Details Remain Up In Air http://kvpr.org/post/new-pollution-rules-leave-utilities-frustrated-details-remain-air The Obama administration has proposed rules for limiting greenhouse gases, but many of the details must still be set by states, leaving utilities unsure about specifics they'll be expected to achieve. Wed, 04 Jun 2014 20:08:00 +0000 John Ydstie 33717 at http://kvpr.org Study Questions Need For Employer Health Care Requirement http://kvpr.org/post/study-questions-need-employer-health-care-requirement When the Affordable Care Act was unveiled, business groups railed against the provision that requires companies with 50 or more employees to provide health insurance for their full-time workers.<p>The Obama administration responded by pushing back the deadline for the coverage, so it hasn't yet taken effect. Wed, 28 May 2014 20:48:00 +0000 John Ydstie 33397 at http://kvpr.org Study Questions Need For Employer Health Care Requirement The Merits Of Income Inequality: What's The Right Amount? http://kvpr.org/post/merits-income-inequality-whats-right-amount Income inequality is a big problem, many economists agree. But they also say some level of inequality is necessary for capitalism to work.<p>Inequality in the U.S. has risen to levels not seen since the 1920s. The top 1 percent pocket more than 20 percent of the nation's income, and the 400 richest people in the country own more wealth than everyone in the bottom 50 percent.<p>That's not healthy for the society or the economy, says Branko Milanovic, an economist at the City University of New York Graduate Center. Sun, 18 May 2014 09:29:00 +0000 John Ydstie 32847 at http://kvpr.org The Merits Of Income Inequality: What's The Right Amount? Positive April Jobs Report Blows Past Expectations http://kvpr.org/post/positive-april-jobs-report-blows-past-expectations Transcript <p>AUDIE CORNISH, HOST: <p>From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.<p>ROBERT SIEGEL, HOST: <p>And I'm Robert Siegel. U.S. employers were in a hiring mood in April. That's the takeaway from the government's monthly jobs report released today. It shows 288,000 jobs added to payrolls. That's the biggest monthly job growth in nearly two and a half years. Fri, 02 May 2014 20:21:00 +0000 John Ydstie 32112 at http://kvpr.org Slow Growth For U.S. Economy, But Fed Plans Are Full Speed Ahead http://kvpr.org/post/slow-growth-us-economy-fed-plans-are-full-speed-ahead The economy slowed sharply in the first quarter, with data released Wednesday showing that growth was barely positive. Federal Reserve policymakers wrapped up a meeting Wednesday with a statement saying the economy had actually picked up a bit in recent weeks. They voted unanimously to continue winding down their stimulus program. <div class="fullattribution">Copyright 2014 NPR. Wed, 30 Apr 2014 20:00:00 +0000 John Ydstie 31995 at http://kvpr.org In March Jobs Report, Market Awakens From A Winter Swoon http://kvpr.org/post/march-jobs-report-market-awakens-winter-swoon The U.S. economy added 192,000 jobs in March, according to data released this morning. The unemployment rate refused to budge, though, holding steady at 6.7 percent. Fri, 04 Apr 2014 20:17:00 +0000 John Ydstie 30734 at http://kvpr.org Beyond The Fog Of Spin And Doubt: What Has ACA Achieved? http://kvpr.org/post/beyond-fog-spin-and-doubt-what-has-aca-achieved Transcript <p>MELISSA BLOCK, HOST: <p>This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block in Dallas.<p>ROBERT SIEGEL, HOST: <p>And I'm Robert Siegel in Washington, where President Obama cheered the Affordable Care Act today.<p>PRESIDENT BARACK OBAMA: Despite several lost weeks out of the gate because of problems with the website, 7.1 million Americans have now signed up for private insurance plans through these marketplaces.<p>(SOUNDBITE OF CHEERING)<p>SIEGEL: The president marked a milestone with that number. Tue, 01 Apr 2014 20:25:00 +0000 John Ydstie 30573 at http://kvpr.org Health Care Law Helps Entrepreneurs Quit Their Day Jobs http://kvpr.org/post/how-health-care-law-could-spur-new-businesses The Affordable Care Act — which many see creating challenges for businesses — could benefit a particular group of business people: entrepreneurs.<p>Joshua Simonson was reluctant to give up his job at a Portland, Ore., area grocery store, New Seasons Market, which he says had provided excellent health care for him and his family. Wed, 12 Mar 2014 20:59:00 +0000 John Ydstie 29624 at http://kvpr.org Health Care Law Helps Entrepreneurs Quit Their Day Jobs February Jobs Numbers Give Some Economists Reason To Smile http://kvpr.org/post/february-jobs-numbers-give-some-economists-reason-smile Transcript <p>AUDIE CORNISH, HOST: <p>From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.<p>MELISSA BLOCK, HOST: <p>And I'm Melissa Block. There was some positive economic news today. Job growth in February was stronger than expected. The government monthly employment report showed 175,000 jobs were added to the economy last month. There were also upward revisions for December and January. Fri, 07 Mar 2014 21:03:00 +0000 John Ydstie 29385 at http://kvpr.org February Job Growth Beats Expectations; Jobless Rate Ticks Up http://kvpr.org/post/february-job-growth-beats-expectations-jobless-rate-ticks Transcript <p>DAVID GREENE, HOST: <p>It was pretty clear that the recent bout of winter weather that many of us have seen was going to have an effect on job growth in February. The question was how much. And it turns out less than expected. That's the message from the government's monthly employment report that's out today. It found that U.S. employers added 175,000 jobs to their payrolls last month. Fri, 07 Mar 2014 16:39:00 +0000 John Ydstie 29370 at http://kvpr.org Weather Expected To Effect February Jobs Report http://kvpr.org/post/weather-expected-effect-february-jobs-report Transcript <p>DAVID GREENE, HOST: <p>The recent bout of winter weather that many of us have felt has hit the U.S. economy. Winter storms cooled job growth in February. The only question is by how much. Economists, investors and job seekers are looking to today's employment report from the government for an answer. NPR's John Ydstie says their predictions have been dampened by the weather too.<p>JOHN YDSTIE, BYLINE: John Sylvia is the top economist for Wells Fargo. Fri, 07 Mar 2014 10:02:00 +0000 John Ydstie 29360 at http://kvpr.org Meeting Minutes Show Human Side To Fiscal Crisis http://kvpr.org/post/meeting-minutes-show-human-side-fiscal-crisis Transcript <p>AUDIE CORNISH, HOST: <p>The Federal Reserve today released transcripts of its meetings in 2008, back when the financial crisis was unfolding. The documents show Fed policymakers struggling to understand and respond to failing Wall Street banks and the global financial system in turmoil. NPR's John Ydstie has been reading through the transcripts and joins us now. Hey there, John.<p>JOHN YDSTIE, BYLINE: Hi, Audie.<p>CORNISH: So we've had these minutes, at least, right, from most of these meetings for years. Fri, 21 Feb 2014 21:05:00 +0000 John Ydstie 28806 at http://kvpr.org Fed Chair Promises Continuity Before Congress http://kvpr.org/post/fed-chair-promises-continuity-congress Transcript <p>MELISSA BLOCK, HOST: <p>From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.<p>ROBERT SIEGEL, HOST: <p>And I'm Robert Siegel.<p>Janet Yellen made her first appearance on Capitol Hill today as the new leader of the Federal Reserve. Her message was clear. There will be no sudden changes in Fed policy. As NPR's John Ydstie reports, Yellen said the central bank is likely to keep pulling back its big stimulus program despite concerns about the economy.<p>JOHN YDSTIE, BYLINE: It was a long day for Janet Yellen. Tue, 11 Feb 2014 21:59:00 +0000 John Ydstie 28364 at http://kvpr.org Jobs Report: Unemployment Ticks Down; Payrolls Tick Up http://kvpr.org/post/jobs-report-unemployment-ticks-down-payrolls-tick Transcript <p>DAVID GREENE, HOST: <p>This is MORNING EDITION from NPR News. I'm David Greene.<p>RENEE MONTAGNE, HOST: <p>I'm Renee Montagne. And this morning brought another surprisingly weak jobs report. The government says the U.S. economy added just 113,000 jobs in January. That follows just 75,000 jobs in December. Those numbers are way below the average monthly job creation for most of 2013 and it has lots of people worried the economy may be losing steam. NPR's John Ydstie joins us again to talk about it. Fri, 07 Feb 2014 16:26:00 +0000 John Ydstie 28189 at http://kvpr.org January Unemployment Numbers Expected To Rebound http://kvpr.org/post/january-unemployment-numbers-expected-rebound Transcript <p>DAVID GREENE, HOST: <p>On a Friday this is MORNING EDITION from NPR News. I'm David Greene.<p>RENEE MONTAGNE, HOST: <p>And I'm Renee Montagne. There's lots of anticipation about the government's monthly jobs report that will be released later this morning. Last month's job creation numbers were very disappointing - just 74,000 jobs added to the payroll - far below the recent monthly averages. NPR's John Ydstie joined us to talk about job creation and what it's telling us about the economy. Fri, 07 Feb 2014 10:03:00 +0000 John Ydstie 28172 at http://kvpr.org Reining In Health Care Costs Key To Trimming Deficit http://kvpr.org/post/reining-health-care-costs-key-trimming-deficit The Congressional Budget Office earlier this week said this year's deficit is likely to be about one-third the size it was in 2009, when the Great Recession bottomed out. A recovering economy is the main reason for the deficit's improvement, but moderating health care costs have also contributed.<p>Harvard economist and health policy specialist David Cutler says getting the federal government's finances under control is all about health care.<p>"A fairly accurate summary of the federal budget is that the U.S. Thu, 06 Feb 2014 09:23:00 +0000 John Ydstie 28115 at http://kvpr.org Is Obamacare A Job Killer? New Estimates Suggest It Might Be http://kvpr.org/post/obamacare-job-killer-new-estimates-suggest-it-might-be A new front has opened in the political battle over the Affordable Care Act, with Tuesday's release of the Congressional Budget Office's annual budget and economic outlook. The economists updated an earlier estimate about how many workers would leave the workforce because they no longer needed a job to have health care coverage — revising upward from 800,000 people to over 2 million people. Republicans pounced on the higher number, and President Obama now finds himself playing defense. Tue, 04 Feb 2014 22:40:00 +0000 John Ydstie 28054 at http://kvpr.org After Overcoming Early Obstacles, Yellen Assumes Fed's Top Job http://kvpr.org/post/after-overcoming-early-obstacles-yellen-assumes-feds-top-job Ben Bernanke hands over the reins at the Federal Reserve to Janet Yellen on Friday. The Fed's vice chairwoman will be the first female ever to lead the nation's central bank. It's a position many view as the second most powerful in the country.<p>The world of central banking is largely a man's world. But Yellen has been undeterred by such barriers since she was in high school in Brooklyn. Charlie Saydah, a former classmate, says she was probably the smartest kid in the class. Fri, 31 Jan 2014 22:17:00 +0000 John Ydstie 27891 at http://kvpr.org After Overcoming Early Obstacles, Yellen Assumes Fed's Top Job A Fond Farewell To Fed Chairman Ben http://kvpr.org/post/fond-farewell-fed-chairman-ben Transcript <p>AUDIE CORNISH, HOST: <p>Ben Bernanke steps down this week as chairman of the Federal Reserve. The new chair, Janet Yellen, will take over on Saturday. After a two-day meeting, the message today from Fed policymakers was simple: Stay the course. The Fed released a statement saying it will continue dialing-back its stimulus.<p>NPR's John Ydstie has more on that decision and Bernanke's legacy.<p>JOHN YDSTIE, BYLINE: Fed policymakers said they will reduce their monthly stimulus by another $10 billion. Wed, 29 Jan 2014 22:30:00 +0000 John Ydstie 27795 at http://kvpr.org