Jason Brooks, Labor Department, Jason Good discussed on KCBS Radio Morning News
To help him and that's a big part of our job. So not having the public hears. It has been a big We're just not used to it, making Goldsby KCBS. Watch out Jason Brooks, now with a bunch of unemployment data to digest Good morning, Jason Good morning stand. The June jobs support out a day early due to the government of market being closed Friday in observance of Independence Day job market showed further improvement. In June, The Labor Department reports a gain of 4.8 million jobs, well above market estimates, nearly doubling the gain in May, the unemployment rate fell to 11.1% from 13.3%. It's important to note, however, that the survey only covers the first half of the month and covert 19 cases started surging in the second half of June and economy reopening Sze or being rolled back in several states, the Labor Department doing double duty today. Also releasing its weekly jobless claims report, which showed slight improvement from the prior week, with initial claims coming in at 1.4 million, about 55,000 fewer than the prior week. But the stock market likes the numbers. Dow futures surging higher by about 390 points, the NASDAQ building on its record close from Wednesday, It's up another 96 points. S a P futures up 36 points. Tesla's stock continues to head higher into record territory, up another 9% after topping second quarter delivery expectations of the money Watch Jason Brooks KCBS Home Depot is cooking up new ways to start summer here and bring summer home from online ordering two free delivery and convenience store pick up We're helping make sure taking care of your summer projects.