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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Hiring by U.S. employers accelerated sharply amid an improving public health outlook and a new round of $1,400 relief payments. -
President Biden proposed a $2 trillion investment in the nation's neglected infrastructure. Most of the bill would fall on corporations, but it is already facing pushback from the business community.
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During the pandemic, a growing number of utility customers are having their power shut off for lack of payment. This spring, a dozen states lift their winter ban on electric shut-offs.
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Fed Chair Jerome Powell said the U.S. economy is on a path to recovery thanks to the Fed's rescue plan and the stimulus. Total weekly unemployment claims hit their lowest since the pandemic began.
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Claims are still high by historical standards, but it's a sign of slow healing from the worst crisis since the Great Depression. Fed Chair Jerome Powell reflected on that earlier Thursday with NPR.
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Lawmakers pressed Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell about the economic outlook and about their steps to address the financial fallout from the pandemic.
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The Federal Reserve has raised its forecast for economic growth, thanks to an improving public health outlook and trillions of dollars in federal spending. -
The $1.9 trillion relief bill includes a new monthly allowance for American parents that could help provide a critical lifeline. -
Economists expect the additional federal spending, coupled with an improving public health picture, will jumpstart economic growth this year. -
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.
