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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Demand for bus travel has dropped sharply during the pandemic, jeopardizing an industry that ordinarily serves many lower-income travelers.
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Jobless claims rose sharply last week as critical relief programs, including expanded jobless benefits, are due to expire the day after Christmas.
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U.S. employers added just 245,000 jobs last month as the runaway pandemic continued to weigh on hiring. The unemployment rate fell to 6.7% from 6.9% in October.
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The Labor Department likely will report Friday a sharp slowdown in job growth in November as a surge in coronavirus cases weighs on many businesses.
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A bipartisan group of senators is proposing a nearly $908 billion compromise relief bill with millions of Americans about to fall off a cliff when benefits expire this month.
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Claims for state unemployment benefits again rose last week, signaling ongoing weakness in the job market as coronavirus infections continue to soar.
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Pent-up demand from households that have been cooped up over the last eight months could drive a spending boom in the spring, providing a big boost to the economy.
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U.S. employers added 638,000 jobs last month as the unemployment rate dipped to 6.9%. A winter spike in coronavirus infections threatens to further weaken job growth.
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U.S. GDP grew at a record 33.1% annualized pace in the third quarter, erasing some but not all of the damage done by the coronavirus recession.
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The U.S. is expected to report record-setting economic growth in the most recent quarter. But that won't repair all of the damage done during the spectacular downturn three months earlier.