Friday News Roundup - Domestic
This week’s economic figures suggested the U.S. recovery may have lost some steam. The Labor Department reported hiring in April slacked off for the second straight month. The unemployment rate dipped to 8.1 percent from 8.2 last month as more people dropped out of the labor market. Michele Bachmann formally endorsed her one-time rival Mitt Romney. The department of Justice charged more than 100 individuals with $460 million in Medicare fraud. And the DEA is under fire for its treatment of a detained college student. Greg Ip of The Economist, Susan Page of USA Today and Reid Wilson of National Journal join Diane for the domestic hour of the Friday News Roundup.
U.S. economics editor, The Economist, and author of "The Little Book of Economics: How the Economy Works in the Real World."
Washington bureau chief for USA Today.
editor-in-chief of National Journal Hotline.
Friday News Roundup Video
The panelists answer a caller's question about how the unemployment rate is measured: