Apr 6, 2012

Marketplace Morning Report for Friday, April 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.

Segments From this episode

BBC World Service

Youth unemployment in Europe at dangerous levels

by Tom Burridge

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

by Stephen Beard

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

by Chris Farrell

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

by Stacey Vanek Smith

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

by Blake Farmer

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

by David Gura

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

by David Gura

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

by Eve Troeh

Apr 6, 2012

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

120,000 jobs added in March

by Stacey Vanek Smith

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

by Jeremy Hobson

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

by Elizabeth Wynne Johnson

Apr 6, 2012

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

Mid-day Update

PODCAST: March jobs numbers

by Chau Tu

Apr 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.

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