Jim Zarroli

Jim Zarroli is a business reporter for NPR News, based at NPR's New York bureau.

He covers economics and business news including fiscal policy, the Federal Reserve, the job market and taxes

Over the years, he's reported on recessions and booms, crashes and rallies, and a long string of tax dodgers, insider traders and Ponzi schemers. He's been heavily involved in the coverage of the European debt crisis and the bank bailouts in the United States.

Prior to moving into his current role, Zarroli served as a New York-based general assignment reporter for NPR News. While in this position he covered the United Nations during the first Gulf War. Zarroli added to NPR's coverage of the aftermath of Hurricane Katrina, the London transit bombings and the September 11, 2001 attacks on the World Trade Center.

Before joining the NPR in 1996, Zarroli worked for the Pittsburgh Press and wrote for various print publications.

Zarroli graduated from Pennsylvania State University.

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4:56am

Thu April 18, 2013
Business

Despite Flaws, Harvard Economists Stand By Research

Originally published on Thu April 18, 2013 11:22 am

Transcript

STEVE INSKEEP, HOST:

Two prominent Harvard economists have admitted there are errors in an influential paper they wrote on government debt. This paper was widely cited in recent budget debates. But the economists insist their mistakes do not significantly change their research.

NPR's Jim Zarroli reports.

JIM ZARROLI, BYLINE: In their 2010 paper, Ken Rogoff and Carmen Rinehart argued that economic growth falls significantly when a country's debt level rises above 90 percent of its Gross Domestic Product or GDP.

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5:53am

Sat April 6, 2013
Economy

Sequester Pinches Long-Term Unemployed Even More

Originally published on Sun April 7, 2013 10:08 am

A crowd of jobseekers attends a health care job fair on Thursday in New York.
Mark Lennihan AP

Almost 5 million Americans are considered long-term unemployed, meaning they have been searching for work for at least six months.

This week, their plight is getting a bit tougher as the government cuts their unemployment benefits — part of the automatic reductions in federal spending that took effect recently.

On a recent day, about 40 people turned out at a Manhattan jobs center run by the New York Labor Department to get advice on looking for work. These are all people who have been out of work for at least 27 weeks.

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5:50pm

Mon March 25, 2013
Economy

As Cardinal, New Pope Walked Fine Line On Economic Issues

Originally published on Wed March 27, 2013 4:59 pm

The former Cardinal Jorge Mario Bergoglio walks outside the chapel during a Mass at the Barracas neighborhood in Buenos Aires, Argentina, in 2003. Bergoglio, who became Pope Francis, is said to have the same position as his predecessors on economic matters.
AP

He took his name from a 13th century saint who gave up his wealth and threw in his lot with the poor. As cardinal in Argentina, he eschewed the trappings of power and privilege, taking public transportation and even cooking his own meals.

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4:12am

Fri March 15, 2013
NPR Story

JPMorgan In Hot Seat Over London Whale Losses

Transcript

RENEE MONTAGNE, HOST:

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3:27pm

Mon March 11, 2013
Business

In Trendy World Of Fast Fashion, Styles Aren't Made To Last

Originally published on Mon March 11, 2013 4:36 pm

Prices at stores like Forever 21 are so low, "it's virtually impossible to walk out empty-handed," says Elizabeth Cline, who writes about fast fashion.
Michael Buckner Getty Images

When she got out of college and moved to New York, Elizabeth Cline liked to shop at vintage-clothing stores. They were the kinds of places tucked away on side streets in Manhattan and Brooklyn, where a lot of hunting and a little luck might reward you with a great, inexpensive cocktail dress that no one else had.

Then she discovered the world of "fast fashion" — chains like Forever 21, H&M and Zara — and it redefined her whole notion of bargain shopping.

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