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1:20pm

Fri October 5, 2012
The Two-Way

Record High Prices At The Gas Pump Likely To Linger In California

Originally published on Fri October 5, 2012 11:07 pm

Credit Damian Dovarganes / AP

Gas prices spiked overnight Thursday by as much as 20 cents per gallon in parts of California, causing some stations to close and shocking many customers.

According to The Associated Press, the average price of regular gas across the state was nearly $4.49 a gallon. In other parts of the country, gas prices have fallen. South Carolina has the lowest average gas prices in the continental U.S. at $3.49 a gallon.

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1:09pm

Fri October 5, 2012
The Salt

Does Your Gas Tank Hold Enough Food To Feed 22 People?

Originally published on Thu October 11, 2012 10:35 am

Here's a little math problem for you: How many calories go into the ethanol that's in your tank of gas?

Enough to feed 22 people, if you're talking the bare minimum calories needed in a single day, according to researchers at the New England Complex Sciences Institute.

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1:03pm

Fri October 5, 2012
Technology

Why Mobile Maps Sometimes Lose Their Way

Transcript

IRA FLATOW, HOST:

This is SCIENCE FRIDAY. I'm Ira Flatow.

UNIDENTIFIED WOMAN: Starting route to Empire State Building: Head northwest on West 43rd Street.

FLATOW: That's the voice of Apple's maps app for iOS 6. She sounds confident enough, but how do you know she'll actually lead you to the correct destination? Because as users all over the world have figured out, Apple's maps and their driving directions have some serious problems. Apple has even apologized for it.

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12:36pm

Fri October 5, 2012
It's All Politics

For Obama, 7.8 Could Be Lucky Number

Originally published on Fri October 5, 2012 1:09 pm

Credit Brendan Smialowski / AFP/Getty Images

To become president and to be re-elected president takes much luck (among other factors, like money and political skill.) And President Obama appears to be one of the most fortunate presidents in recent memory with the release of the latest employment report.

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12:33pm

Fri October 5, 2012
Business

One Jobs Report, Two Different Political Spins

Originally published on Fri October 5, 2012 3:22 pm

With a new report showing the nation's unemployment rate fell to 7.8 percent last month, the Obama administration got good news Friday: Jobs are indeed growing. But, as Republicans noted, the pace remains well below the level needed to provide paychecks for the 12.1 million people seeking them.

The truth is, each party could find evidence to support either a positive or negative spin on the labor market, which is recovering — yet weak.

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11:33am

Fri October 5, 2012
Presidential Race

Does Jobs Report Mean Things Are Getting Better?

Originally published on Tue October 9, 2012 10:30 am

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. Coming up, the sweeping move to modernize the Catholic church known as Vatican II turns 50. We'll talk about that in Faith Matters in just a few minutes.

But, first, it's still all about the economy. The economy is still center stage this election season. This morning's jobs numbers are providing fresh material for the ongoing contest between the candidates and their philosophies and records.

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7:11am

Fri October 5, 2012
Business

Mystery Solved: Why Was Some French Honey Green?

Beekeepers in eastern France were upset to find their bees were producing honey in unusual shades of blue and green. A nearby biogas plant processed waste from an M&M's factory. The bees were snacking on the candy coating. The waste treatment plant says it's storing the candy waste more securely.

6:00am

Fri October 5, 2012
Economy

Campaigns Wait To See If Jobs Data Will Help Or Hurt

Originally published on Fri October 5, 2012 12:45 pm

For the first time since President Obama took office, the unemployment rate is back at 7.8 percent, the Labor Department reported Friday. It's been above 8 percent for nearly four years. The number of new jobs added was in line with expectations — 114,000.

5:33am

Fri October 5, 2012
Business

Bacon Shortage Is Hogwash

Originally published on Fri October 5, 2012 5:48 am

Transcript

STEVE INSKEEP, HOST:

We are going to rip the lid off the pork panic at NPR's business news.

(SOUNDBITE OF MUSIC)

INSKEEP: This called for serious investigation. A group of British pork producers sent fear into the hearts of bacon lovers worldwide by predicting an impending pork shortage. They say drought will make pork too expensive to produce, so farmers will sell off their herds.

But Boise State Public Radio's Scott Graf reports that here in the United States, experts say the notion of a bacon shortage is hogwash.

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3:43am

Fri October 5, 2012
Planet Money

No One Trusts China's Unemployment Rate

Originally published on Fri October 5, 2012 4:09 pm

Credit Mark Ralston / AFP/GettyImages

Ask an economist like Eswar Prasad, who used to work at the International Monetary Fund, "So, do you know, what the unemployment rate in China is?"

And he'll answer, "We don't."

The official unemployment rate, put out by the government, Prasad says, is 6.5 percent, but according to him, "that number has no credibility at all."

He's not the only dubious one.

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