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Apr 6, 2012

Marketplace Morning Report for Friday, April 6, 2012

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The Labor Department reports the U.S. economy added 120,000 jobs in March, a disappointing number compared to economists' expectations. Manufacturing, though, continues to play a major role in the U.S.'s economic recovery. Apple users got a wake-up call after 600,000 Macs were reportedly infected with a virus. AT&T workers could strike this weekend if negotiations fail. Youth unemployment in Europe is at dangerous levels. And a financial trader known as the "London Whale" is making a splash on Wall Street for making massive bets on complicated financial markets.

 

Segments From this episode

Youth unemployment in Europe at dangerous levels

Apr 6, 2012
While the U.S. continues to see optimistic job gains, the situation in Europe is not looking so hopeful. The worst affected group by far are the young.

'London Whale' taking big bets in debt market

Apr 6, 2012
A financial trader known as the "London Whale" is making a splash on Wall Street, taking a huge bet worth possibly tens of billions of dollars on corporate credit default swaps.

Manufacturing a bright spot in U.S. economy

Apr 6, 2012
Over the past two years, the U.S. has added over 400,000 factory jobs, making a major contribution to the economic recovery.

White House's Alan Krueger on March jobs numbers

Apr 6, 2012
The head of the White House Council of Economic Advisers talks about the Labor Department's latest employment report, which showed that only 120,000 jobs were created in March.

Golf retail stores making a comeback

Apr 6, 2012
The official start of golf season is in full swing with all the top golfers competing this weekend in The Masters. The retail side of golf was sliced nearly in half by the recession, but some stores are making a return.

Thousands of Mac computers reportedly infected

Apr 6, 2012
There are reports that 600,000 Apple computers around the world have been infected with a virus. The company has released a fix to protect customers.

Apple users get a wake-up call with virus threat

Apr 6, 2012
The Flashback Trojan has reportedly infected 600,000 Apple computers around the world. Before this, Macs had a reputation for being all but immune to viruses.

AT&T faces worker walkout

Apr 6, 2012
Some 40,000 AT&T workers could strike this weekend if contract negotiations fail.

120,000 jobs added in March

Apr 6, 2012
The Labor Department reports the U.S. economy added 120,000 jobs last month. That was roughly half of what economists had expected, and a significant slowdown compared to the last few months.
The Labor Department reports the economy added 120,000 jobs last month, and the unemployment rate dropped to 8.2 percent. It was a disappointment compared to expectations. Here, a job seeker fills out a job application in San Francisco, Calif.
Justin Sullivan/Getty Images

March U.S. jobs numbers a disappointment

Apr 6, 2012
The U.S. economy only added 120,000 jobs in March, which is half of what economists had originally expected.

Battle over morning viewers

Apr 6, 2012
Television’s bare-knuckle competition to rule the morning air is nothing new. But the networks upped the ante this week.

PODCAST: March jobs numbers

Apr 6, 2012
The Labor Department reports the U.S. economy added 120,000 jobs in March, a disappointing number compared to economists' expectations. Manufacturing, though, continues to play a major role in the U.S.'s economic recovery. Apple users got a wake-up call after 600,000 Macs were reportedly infected with a virus. AT&T workers could strike this weekend if negotiations fail. Youth unemployment in Europe is at dangerous levels. And a financial trader known as the "London Whale" is making a splash on Wall Street for making massive bets on complicated financial markets.

The Labor Department reports the U.S. economy added 120,000 jobs in March, a disappointing number compared to economists’ expectations. Manufacturing, though, continues to play a major role in the U.S.’s economic recovery. Apple users got a wake-up call after 600,000 Macs were reportedly infected with a virus. AT&T workers could strike this weekend if negotiations fail. Youth unemployment in Europe is at dangerous levels. And a financial trader known as the “London Whale” is making a splash on Wall Street for making massive bets on complicated financial markets.

 

The team

Stephen Ryan Producer, BBC