The Two-Way
6:40 am
Fri May 4, 2012

Just 115,000 Jobs Added Last Month, But Jobless Rate Dipped To 8.1 Percent

A sign earlier this month in New York City's Queens borough.
Stan Honda AFP/Getty Images

Originally published on Fri May 4, 2012 7:58 am

The nation's jobless rate edged down to 8.1 percent in April from 8.2 percent in March, but just 115,000 jobs were added to private and public payrolls, the Bureau of Labor Statistics reports.

The job growth was well below expectations and has raised new questions about the strength of the U.S. economy.

We'll add more to this post as we read through the report and gather reactions and analysis. So be sure to hit your "refresh" button to get our latest updates.

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Entertainment
6:28 am
Fri May 4, 2012

The Canticum Novum Chorus and Orchestra

Fri. 5/410a:  Rarely heard works by Bach, Mozart, Haydn and Francesco Corselli are featured when Canticum Novum closes its current season on May 5 and 6 at the Immaculate Heart of Mary Chapel in Santa Fe. 

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The Two-Way
6:05 am
Fri May 4, 2012

No Mo! Yankees Great Mariano Rivera Suffers Possible Career-Ending Injury

New York Yankees pitcher Mariano Rivera, earlier this season.
Patrick Semansky AP

Originally published on Fri May 4, 2012 3:19 pm

Update at 5:18 p.m. ET. He'll Be Back:

"I can't go out like this."

That's what Mariano Rivera told the AP about an injury that many thought could end the greatest closer in baseball history's career.

The AP reports that Rivera said he would be back on the mound by 2013.

Our Original Post Continues:

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The Two-Way
5:20 am
Fri May 4, 2012

'Elegant Solution' Possible For Chinese Activist; He May Study Abroad

Chen Guangcheng, left, with U.S. Ambassador Gary Locke on Tuesday at the U.S. embassy in Beijing.
State Department

Originally published on Fri May 4, 2012 6:17 am

  • Louisa Lim, reporting on 'Morning Edition'

The news that China's Foreign Ministry now says legal activist Chen Guangcheng can apply to study abroad could be an "elegant solution [of] a really difficult diplomatic problem," NPR's Louisa Lim reported earlier on Morning Edition.

Chen has "a letter of invitation" from New York University, she says.

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Around the Nation
5:10 am
Fri May 4, 2012

Usual Flower Is MIA At Michigan Tulip Festival

Originally published on Fri May 4, 2012 7:57 am

Transcript

DAVID GREENE, HOST:

Space
5:06 am
Fri May 4, 2012

Photographers, Skywatchers Prepare For Supermoon

Originally published on Fri May 4, 2012 7:57 am

Transcript

DAVID GREENE, HOST:

Economy
4:37 am
Fri May 4, 2012

The Politics Of Unemployment Data

Originally published on Fri May 4, 2012 10:30 am

Transcript

DAVID GREENE, HOST:

This MORNING EDITION from NPR News. Good morning, I'm David Greene.

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Business
4:37 am
Fri May 4, 2012

Game Giant Forced To Play Catch UP

Originally published on Fri May 4, 2012 7:57 am

Transcript

DAVID GREENE, HOST:

It's MORNING EDITION from NPR News. Good morning. I'm David Greene.

Video game fans hear this often. EA Sports, it's in the game. Well, now America's largest game publisher is trying to stay in the game. EA, Electronic Arts, built a gaming empire with a strategy straight out of Hollywood - big names and big budgets. But the market is changing. For one thing, more players now prefer games you can play online. And so the Silicon Valley company has been forced to change as well. KQED's Aarti Shahani reports.

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Business
4:37 am
Fri May 4, 2012

Business News

Originally published on Fri May 4, 2012 7:57 am

Transcript

DAVID GREENE, HOST:

NPR's business news begins with Facebook frenzy.

(SOUNDBITE OF MUSIC)

GREENE: The world's largest social networking site is going public later this month. And yesterday it set a price range for its stock. It plans to sell share shares for between $28 and $35 each, using the ticker symbol FB. The share sale is expected to raise as much as $12 billion, making it one of the largest initial public offerings ever.

NPR Story
4:28 am
Fri May 4, 2012

The Last Word In Business

Originally published on Fri May 4, 2012 7:57 am

Transcript

DAVID GREENE, HOST:

Well, for kids and parents listening to our show today, let's leave you with a little good food for thought. Our last word in business is: Hello Kitty. That's what some lucky travelers in Asia might be saying if they board an airplane decorated, inside and out, with the famous Japanese character.

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