Marilyn Geewax

Marilyn Geewax is a senior editor, assigning and editing business radio stories. She also serves as the national economics correspondent for the NPR web site, and regularly discusses economic issues on NPR's mid-day show Here & Now.

Her work contributed to NPR's 2011 Edward R. Murrow Award for hard news for "The Foreclosure Nightmare." Geewax also worked on the foreclosure-crisis coverage that was recognized with a 2009 Heywood Broun Award.

Before joining NPR in 2008, Geewax served as the national economics correspondent for Cox Newspapers' Washington Bureau. Before that, she worked at Cox's flagship paper, the Atlanta Journal-Constitution, first as a business reporter and then as a columnist and editorial board member. She got her start as a business reporter for the Akron Beacon Journal.

Over the years, she has filed news stories from China, Japan, South Africa and Europe. Recently, she headed to Europe to participate in the RIAS German/American Journalist Exchange Program.

Geewax was a Nieman Fellow at Harvard, where she studied economics and international relations. She earned a master's degree at Georgetown University, focusing on international economic affairs, and has a bachelor's degree from The Ohio State University.

She is a member of the National Press Club's Board of Governors and serves on the Global Economic Reporting Initiative Committee for the Society of American Business Editors and Writers.

"Full employment" is a phrase economists use to explain how the job market recovers from a recession. We'll be hearing this phrase a lot as the Labor Department releases the latest jobs data on Friday. It's expected to show that employers added even more workers in January.

But the phrase doesn't tell the full story for millions of Americans either still out of work or who are looking for something better than part-time work.

What is full employment and what does it mean?

If you are getting spooked by plunging stock prices, you may be trying to figure out where the economy is heading.

Here's one new sign that better days are coming:

In the latest survey of business economists, most — 58 percent — say their companies plan to raise workers' wages this winter. That's the most upbeat wage outlook since mid-2014, according to the quarterly survey done by the National Association for Business Economics.

For six straight years, Americans watched their government's borrowing shrink.

Then last month, that trend towards less and less borrowing suddenly came to an end. Congress overwhelmingly passed a federal budget that included a $680 billion tax-cut package, which President Obama signed.

On Friday, Wall Street traders got the same treatment as the main character in The Revenant: A big fearsome bear attacked again and again.

By the close, stock prices were badly mauled. The Dow Jones industrial average lost 2.4 percent of its value, tumbling 391 points to close at 15,988.

The S&P 500 index dropped 2.16 percent to 1,880 and the tech-heavy Nasdaq composite index lost 2.7 percent to 4,488.

This day is starting out really nasty if you happen to be an oil driller — or a baby boomer who would like to retire with a nest egg.

Through the night and into the morning, the price of oil has been falling. You can now buy a barrel for less than $30. (Remember, it was nearly $115 as recently as June 2014.) The market for oil has been thrown into disarray because of worries about possible declining Chinese demand and surging Iranian supplies.

That means U.S. oil producers will continue to see their profits plunge and industry layoffs worsen.

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