18 Burst results for "Bureau of Labor Statistics"
"bureau labor statistics" Discussed on Marketplace with Kai Ryssdal
"Hey everyone I'm Eddie. Murphy race host of this is uncomfortable new podcast for marketplace that explores the thing. We're always in her feelings over but don't really know how to talk about money. This is a story song podcast that digs into things like how someone can feel like an imposter when they move from one socioeconomic class to another or why so many people lie about what's in their bank account full even teach you to ask everyone know about how much they make and just to be clear. This is not a personal finance podcast. It is a podcast about life and how money mess with it. Subscribe now wherever you get your podcasts. There's marketplace podcast is brought to you by Goldman Sachs. Did you know over eighty percent of e C dollars. I went all male founding teams last year. Goldman Sachs is working to change this because they know that investing in women is smart business. That's the idea behind launch with. GS Goldman Saks commitment to invest five hundred million dollars in women led companies and investment managers to help close the gender investing gap recognizing the power of community. Goldman Sachs is also so billion global network of business leaders to help drive change learn more at gs dot com slash launch with GS and by American Express. You said Yes to opening your I business. Yes to turning an idea into reality yes to earning your first dollar yes to earning many more yet your I like that wasn't for mom and said yes two invoices so many voices now say yes to your first American Express Business Card yes to choosing from cards including ones with no annual fee yes to payment flexibility and yes to solutions for growing business. Get the powerful backing of American Express don't do business without it rates and fees apply learn more at American Express. Dot Com slash no dash annual dash fee. This is marketplace. I'm Kai Ryssdal most days on this program. If you're one of those who listens listens to the numbers all the way through and remind me to tell you my theory about that one but if you usually do listen all the way through you most as you say something like bonds rose the yield on the tenure Tino the one point six eight percent just because I say it though doesn't mean everybody gets it or what it means so for today's installment of our series kyw explains where we take things real slow to explain what's really going on the bond market. Hey Chi Chi hi hi. You recently asked what's going on with economy. So how do these two concepts work together. I WanNa know what's going on in this economy. The bond market is a pretty good place to start. Bonds are in their most basic form. I owe us the city or the federal government or a company sells bonds John's those US sometimes called debt with the promise that after a certain period of time called the maturity date. You'RE GONNA get your money back plus some interest that the interest is called the yield and there are all kinds of different bonds out there yielding different things we mostly pay attention to order called treasuries its debt bet did issued to investors by the US Treasury to fund our deficit. That's Kathy Bus Johnson. She's the chief financial economist at Oxford Economics. The bond market or the Fixed Income Market reacts very closely with changes in economic news or data did a like a monthly Salihi Employment Payroll data or consumer price data or published by the Bureau Labor Statistics or in a nutshell a lot of the economic essentials as you hear US talk about on this program now within all the different kinds of treasuries. There are government bonds. You can buy that mature a couple of days all the way out to thirty years and within that there is one bond that we watch the most if you're a US consumer or US investor the ten year Treasury note is probably the first benchmark to keep an eye on Ryan Phillips. He's at sage vast wealth management. It's really a general barometer of interest rates in the economy because does and here we go back to Catholic ransack. The tenure yield will reflect current economic activity expectations for future economic activity also expectations for future interest rates set by the interest rate path for the Federal Reserve. Expectations is the key word there because once the government sells its bonds. Investors Traders really bond traders. Take a look at the economy and ask not how are things going right now. But how do we think things are. GonNa be economically in the next couple of months and years and that is why the bond market is really the one to watch. There is so so much to explain in this economy. Let us know what you want to know. You can do that at marketplace dot org or you can tweet me. I'm at Cairo..
"bureau labor statistics" Discussed on KCRW
"I'm Tracey Samuelson in for David Brancaccio. Who's on assignment, the bureau labor statistics has just released its March jobs report, one of its most watched indicators last month's report was pretty disappointing. The economy added only twenty thousand jobs in February well below its have ridged gains. So without further ado, the big headline number for March is jobs added one hundred ninety six thousand and employment rate held steady three point eight percent. Those are the numbers now for. The context. Julia Coronado is the founder of macro policy perspectives. Hey, julia. Hey, good morning morning. So this looks like a pretty reassuring bounce back after February's low. Yes, this is a indication that the US economy is resilient despite some of the worries of late that we might be heading into a recession. We saw a strong particularly in service sector hiring. So it is reassuring. Okay. But tummy about wages. They were down a touch to three point two percent. Yeah. That's that's the disappointing aspect of the report we real exceleron wage growth last year, and it seems to have plateaued in recent months. So that came in on the weak side, the annual pace of wage growth, actually, slow three point two percent from three point four percent still better than where we were a year ago. But we would like to see continued acceleration there to give purchasing power to consumers, and what about manufacturing it lost a few thousand jobs, not a lot. But it was the first drop since late twenty sixteen. Yeah. And that's to be expected given to pooling in the global manufacturing that we've seen global growth has slowed led by manufacturing. The US is not going to be immune to that. So we are seeing manufacturing hiring slow and that should be a trend. That's with us for a few months, at least until we see what happens with the global economy. Right. Julia Coronado, founder of macro perspec-. Effective in New York. Thanks so much. My pleasure. And now, let's check market reaction..
Employment bounces back in March with 196K jobs added
"The bureau labor statistics has just released its March jobs report, one of its most watched indicators last month's report was pretty disappointing. The economy added only twenty thousand jobs in February well below its have ridged gains. So without further ado, the big headline number for March is jobs added one hundred ninety six thousand and employment rate held steady three point eight percent. Those are the numbers now for. The context. Julia Coronado is the founder of macro policy perspectives. Hey, julia. Hey, good morning morning. So this looks like a pretty reassuring bounce back after February's low. Yes, this is a indication that the US economy is resilient despite some of the worries of late that we might be heading into a recession. We saw a strong particularly in service sector hiring. So it is reassuring. Okay. But tummy about wages. They were down a touch to three point two percent. Yeah. That's that's the disappointing aspect of the report we real exceleron wage growth last year, and it seems to have plateaued in recent months. So that came in on the weak side, the annual pace of wage growth, actually, slow three point two percent from three point four percent still better than where we were a year ago. But we would like to see continued acceleration there to give purchasing power to consumers, and what about manufacturing it lost a few thousand jobs, not a lot. But it was the first drop since late twenty sixteen. Yeah. And that's to be expected given to pooling in the global manufacturing that we've seen global growth has slowed led by manufacturing. The US is not going to be immune to that. So we are seeing manufacturing hiring slow and that should be a trend. That's with us for a few months, at least until we see what happens with the global
"bureau labor statistics" Discussed on 710 WOR
"Right. As we continue with Steve Moore and Chuck before with us. It's only a little over two years now when we can go back and compared to the Obama administration policies and spread the wealth around and you didn't build that. And you know, what are we end up with thirteen million more Americans on food stamps, eight million more in poverty. Now, we have more than a million jobs available than we have people on unemployment an incredible. Environment for people to build their careers change careers make more money get better benefits. It's a great opportunity now businesses now are investing more in in American cities and towns in Ohio, Pennsylvania, Alabama, Wisconsin Michigan. And they'll just I I'm just not sure what they think if we take away oil and gas, and we take away cars and planes and cows, and we promise everybody everything's going to be free. And the first estimate is as high as ninety four trillion for the new green deal. What happens to the economy, then Chuck? Well, let me tell you one area where I think I actually agree with a Representative ocasio Cortez. She warned about big government working with big business. Let me add big labor to that. And say, yes, I agree. There crony corporatism doesn't work things like Celinda the Representative from New York. The freshman is espousing what's known as a labor theory of value that is from Marxist theory. She doesn't believe the capital money. The people who invested the people who manage it. The people who are leaders who create businesses. She doesn't believe that they have value. But let's look at manufacturing in the last twenty six months, the first twenty six months under Trump the last twenty six months under Obama, the bureau labor statistics came out with their new data last Friday, and we see that under Trump manufacturers are adding about three hundred ninety nine percent more jobs in manufacturing under Trump than under Obama. And what to me is striking. Sean is if you compare a federal state and local government jobs. Many of them are regulators the people who create red tape Obama's last twenty six months, they grew at about three hundred and three percent more than manufacturing. So government was growing faster than manufacturing. You can't sustain it. You can't pay for that. So Trump under Trump manufacturing was growing one hundred sixty eight percent more than government. All right. I wanna thank you both Steve Moore and Chuck devore. But if you think this is not real well look at the poll, I mentioned earlier. All right, guys. Thank you, eight hundred nine four one Sean toll-free telephone number when we come back. The ranking member that showed a lot of courage last week. Doug Collins, Georgia. By releasing the Bruce or transcripts and all that we learn from them. That's coming up and much more straight ahead. You are listening to the best of the Sean Hannity show and stay tuned more memorable.
"bureau labor statistics" Discussed on WTVN
"Westside, Jeff like, Debbie, Debbie. Thanks for the note. Dem's are going to win the governor's races. Therefore redistricting will be more fairly decided, by the way. Stop stop spreading the Trumpcare vein lines. Thank you, Debbie for your for your input there. Appreciate very much. I'm not spreading and Trump lines as much as just my opinion. That's just my opinion. That's not Trump talk. It's my opinion. And my opinion is I think you're right that a lot of governors racist will sway towards democratic candidates and Wednesday morning. We're going to hear about a Blue Wave and the Blue Wave will be based off of a win in the state houses in the governor's races and state legislatures more than anything the dams are going to pick up seats in the United States house of representatives some probably win back the houses. My thought I think the Republicans hold the Senate. But what happened eight years ago is the most significant factor, and that is two thousand ten which was Obama's first midterm year. It was a historic win for Republicans across the country in the Senate and the house in state houses and legislatures. The Republicans have not held that many seats across the country, especially in states that they've ever held before. Like, they did when they won two thousand ten so purely by exposure purposes, the Republicans are poised to lose in this election because a lot of those Republicans are term limited and you have open races. And the governor's races are really important because whoever wins the governor's races will be in line for redrawing congressional districts in twenty twenty one. So remember, whoever wins the governorships across the country come Tuesday that that party is going to be. Heavily influential in redrawing district blinds, Debbie, I disagree with you. I don't think it's going to be more fair. I think it'd be more democratic, and I think that my opinion is I think redistricting. You just got to redraw lines was sensibility. And I think in the way we have this two party system. I just don't see that happening. So I think he got a redesign how that happens. But I don't think we're going to see that. So my take is three things to watch on Tuesday night, the Senate, I think the Senate state Republican you could have spent the primary a billion dollar spent on Senate races across this country in the net gain could be flat. Think about that a billion dollars or so spent an advertising the Senate races in the game could be zero the house of representatives. I think flips again two thousand ten we lost sixty three seats. The Democrats did lost sixty three seats and that midterm election. The first one under President Obama. They're going to lose some this this coming Tuesday, and it's purely because of exposure when you have as many Republicans who have. Have retired as we've had. You're just gonna flip some seats. But to me the governor's races are the ones to watch. And part of that is because they're going to be redrawn district lines, and that's going to be real interesting. Here's the other thing. That's interesting right now, this is the Sunday before election in the Sunday before election day every candidate it's running for election is out canvassing. The state many of them are in their cars and their vehicles and they're going door to door and they're knocking on doors and they're asking for your vote. Every one of them is out there today. There's not one of them that isn't because they're asking for your vote and many of them have this radio station on and are listening. The one thing that I still think about is the fact that voters the one message, I think is clear voters historically have said I want to be heard I want you to hear me, I want you to know, my thoughts, and my feelings. So I'd love to hear from you. If you've got a question. You've got a specific thought if you'd like to if you had two minutes with one of these people running for office. What would you ask them? What would you say to them? What would you tell them about you? And what you want out of your government. I'd love to hear from you eight to one WTVN eight two one nine eight eight six again, if you had two minutes, what would you say? Because remember the guys running for governor throughout out crisscrossing the state right now, they're knocking on doors earlier today. Mike dewine was in Cleveland. I think he's heading back towards Columbus area. Richard cordray was here in Columbus. I think this morning guys running for Senate are done the same guys running for the house and the state house are doing the same many of them listen to this radio station. So if you've got a thought, if you've got a comment if you wanna be heard I'd love to hear from you. What is it? You'd like to say you got two minutes in the car. You got two minutes with a candidate who's. Running for office. What would you say to him at eight to one WTVN the t two one nine hundred six here's another fraught. Another thought for you on the President Trump presidency on Friday. We got economic news and the bureau labor statistics reported that a Tober jobs were up two hundred and fifty thousand jobs unemployment is at three point seven. We haven't seen those numbers since nineteen sixty nine. Wages for workers are up three point one percent. That's a nine year high. We haven't seen those kinds of gains economically for a long time and the Trump tax plan that passed in December and took effect in February has fueled the economic growth across our country and with job growth in wage increase. You get more tax payers and more revenue. Now, the Trump tax plan is the foundation of this president as well as border security, hence, why the president is sending troops to the southern borders to fight back the seven thousand migrants headed towards the United States now when it comes to money, I hearken back to.
"bureau labor statistics" Discussed on Biz Talk Radio
"In you can download the free resource in the resources section at the top to make sure that you go ahead and do that again. The name of my book is making. It rain, and I wrote it because of a challenge that I had because of a challenge that I had it's funny. My my producer Isaac is making. He's he's doing the doing the hand motion making it rain, and I feel like real estate agents need to do more to make it rain. Here's why when I had I I do a lot of traveling nationally. And I connect with a lot of real estate investors and real estate agents during the think realty conferences, and the other conferences I attend keynote speaker at sometimes I'm panelists there as well. And I'm always asked. Hey, I'm a real estate agent. How do I make more money? So I'm dedicating the next few minutes to you the real estate agent to you the business owner that's thinking about becoming a real estate agent. And how you as a real estate agent. Effectively can make it rain. Now, if you are real estate agent, generally, I'm assuming your Facebook and Instagram feed is a really full of different motivational sayings, and this and that and the other there was one that I ran across recently that said real estate is a numbers game show up and prospect and the rewards are yours. So here's the thing though. It really does the numbers game. The numbers are pretty depressing right now. According to the national association of realtors there were approximately two million real estate agents in the US and twenty sixteen and according to the bureau labor statistics there are four hundred forty four thousand one hundred agent jobs in the US. So what does that tell us? The means that for every licensed working agents there are three agents their three agents who are either unable or unwilling to find work. Work in the field. That's kind of interesting, right? Kind of a little bit of a dismal number. But let's look at the numbers for those agents who are actually working the average salary, according to the bureau of labor statistics for real estate agents in two thousand sixteen was a staggering forty six thousand four hundred ten dollars per year. Which they translate into an hourly salary of twenty dollars thirty two cents per hour based on a forty hour workweek now. Your real estate agent. And let me ask you this. What active agent works only forty hours a week? I mean, are you kidding y'all work so many more hours than forty hours a week if you're trying to sustain and grow real estate business? I mean, you're working seven days a week. You're going to conferences the European conference calls, you're handling marketing. I mean, you have late nights doing marketing lead generation client communications, sending emails back and forth following up, showings appointments paperwork inspections closings meeting with investors meeting with you get the drift here. So I mean, the then of course, there the expenses for continuing education us licensure you've association fees equipment. You've got paid leads advertising. You got boost posts on Facebook. So you're forty six thousand four hundred dollar yearly yearly amount that you're making. The the income is looking more and more and more like a minimum wage. Let's be real right? Like, that's what's happening. So how do you turn this around? Here's something else. Perhaps is this. Maybe why the failure rate within five years for real estate agents hovers around eighty five percent. With some estimates coming in high as high as ninety five percent. How's that? For a compelling number. But we've seen successful real estate agents to we know they're out there. I know that they're out there you're out there. What are you doing differently? How're some real estate agents killing at financial in real estate while others get get left behind. What can you do as a real estate agents as a real estate agent, creating a business I creates wealth for you in a way that self sustaining? So you're not working so hard for so many hours for so little. So think about why you got into real estate to begin with challenge you with that question was it because you wanted to work with buyers and sellers only. I mean, I'm sure that was part of it. You wanted something that's dynamic. You wanted to be able to drive around and see different neighborhoods in connect with different people. I think that's awesome. But I definitely guest that very few agents. Go into real estate expecting to make the forty six thousand dollars a year figure that I just mentioned. For most a promise is that with a few years of work. They can build a business and be proud of that business that you building in a one that will afford them a luxury lifestyle similar to that you find on some of these million dollar listing HDTV shows, and then of course, there's a whole industry of coaches and consultants marketing gurus that reinforced that idea right with the right system where the right platform or enough work you can to become a top producer. And I firmly believe that. So why are few real estate agents finding financial size final financial success in real estate? I don't know why. I'm stumbling over my words here why are so many as many as ninety five percent leaving the for leaving the business within the first five years of the real say career? You know for me. I think a lot of this is not understanding the power that you have is a real estate agent you'll have more access to data than I do as a real estate investor. That's not a licensed agent. You can use these data points to your benefit. Why aren't you? Or maybe you are. And you know, you can tell me.
"bureau labor statistics" Discussed on KOA 850 AM
"Coronado, California. Welcome, sir. I'm glad you were patient and waited. Hi, thank you rush. My comments sort of pertains to the October surprise and ask your opinion next next Friday is the so-called advance read on the GDP for the third quarter, which I believe is less data driven and the two revisions that follow it. And my question is. Can you see the deep state dropping in a low GDP number and then piling on immediately with its the tariffs? It's the tax cuts failing. It's sugar high economy is spent and this is what really is happening with all the Trump economics. And it's starting to starting to break up conveniently seven days before you'll election. Well, these numbers would come from the department of labor. Bureau labor statistics. And the US council of economic advisors. These are Trump people in there now, you're right. To be wary of career left wing deep staters in there. I look I wouldn't put anything past these people you could conjure up any scenario you wanted. And I I would bet eight out of ten of my would tell you. I think are possible. So given who these people are given what they think is at stake here. So if you wanna tell me, if you have an idea that the GDP numbers that come out next Friday might be say monkey with, but it's increasingly tough to use that word and get away with it and might have been Jimmy. It might be. Well, reworked and so forth to make it look like. We're about to fall off the clipper. At least this recovery is just hit a wall. I don't know how effective it would be. But I don't I I wouldn't I wouldn't sit here and utilize literally suggest to you that it couldn't it couldn't happen. And particularly the areas you mentioned they would love to be able to discredit Trump's tax cuts. They would love to be able. Two. Discredit a whole bunch of the tariffs. And what it's doing to trade. The problem is reality the reality on the ground. If the if the if the numbers are. Are rigged to that extent. It just isn't going to jive with reality. And it's it's it wouldn't be. I don't think nearly as effective if something is personal. But I think you have to you have to look at the history of these October surprises. They've tried October surprise in October. They've tried them in September. They've thrown everything they've got at Trump, including during the campaign, the access Hollywood video and that didn't work. Now, he's out there calling the porn star. Who by the way, is a backstabbing blackmailing double crossing porn stars out there calling her horseface. And there are shutters in the drive by media S U D D who who who who who doesn't it? You know, what I find interesting about this all of these so-called paragon of virtue on the left where one ten perversion has become normal in their world. And they demand that we accept wanton perversion as normal. They sit there and act like. Win austin? But we're not talking about woman. We're talking about a dual. A porn star. Double crossing. Backstabbing woman who has tried to destroy the guy with her third rate lawyer. She's not just an innocent ordinary everyday woman that Trump decided to call a name. She is a woman who attempted to ruin him. But for these Liberal Democrats, these people in the media to act like people don't talk to way, presidents dot com on people talk this way, or this is what resent what I resent about this the idea that they are clean and pure as the wind driven snow, and they don't think this way. They don't talk this way. What an absolute crock simply look at the things they say about us during the course of your average political day from your Hitler to your Nazis to your this or that they make fun of people's appearances. They make fun of people. I mean. Their their comedy has become literal hate. And then they act like one of the greatest social transgressions in the history of humanity has occurred when Donald Trump uses the term horseface or when he did not Mark ballsy Ford. But simply a re freidan. The truth about her allegations. I just I just find it just a little bit hollow. As though take your pick. Take take your pick any left-winger on media. Griping about Trump's using the word horseface and ask yourself if that media reporter never talk that way and the answer but Russia these people president, and he is and this is beneath the dignity of the presidency. Well, I know they look at it. And think of it that way my point is they can try all day long. That's not going to separate Trump from his voters as some of his voters. Backed up. There's so much going on here focus, and they don't need to distract everybody with that stuff. But there are also going to they're not gonna give up trying to link Donald Trump to the murder of the. Of the journalist in the Saudi consulate in Istanbul. Jamal kashogi. They're still working on that. But I think they're frustrated to no end that nothing they do works. And now I have a story I have to print. I haven't had a chance to print it. Yep. Just cleared the transom here. It's about Trump's approval numbers are probably much better and much higher than anybody on the left and the media wants to admit courage.
"bureau labor statistics" Discussed on KTRH
"And talent on loan from God. This is Bob in Coronado, California. Welcome, sir. I'm glad you were patient and waited. Hi, thank you rush. My comments sort of pertains to the October surprise and ask your opinion next next Friday is the so-called advance freed on the GDP for the third quarter, which I believe is less data driven and the two revisions that follow it. And my question is. Can you see the deep state dropping in a low GDP number and then piling on immediately with its the tariffs? It's the tax cuts failing. It's the sugar high economy is spent and this is what really is happening with all the Trump economics. And it's starting to starting to break up conveniently seven days before you'll election. Well, these numbers would come from the department of labor. Bureau labor statistics. And the US council of economic advisors. These are Trump people in there now, you're right. To be wary of career left wing deep staters in there. I look I wouldn't put anything past these people you can conjure up any scenario you wanted. And I I would bet eight out of ten up. My would tell you. I think are possible. So given who these people are given what they think is at stake here. So if you wanna tell me, if you have an idea that the GDP numbers that come out next Friday might be say monkey with, but it's increasingly tough to use that word and get away with it might have been Jimmy a might be. Well, reworked and so forth to make it look like we're about to fall off the clipper. At least this recovery is just hit a wall. I don't know how effective it would be. But I don't I wouldn't I wouldn't sit here and utilize release suggest to you that it couldn't it couldn't happen. And particularly the areas you mentioned they would love to be able to discredit Trump's tax cuts. They would love to be able. Two. Discredit a whole bunch of like the tariffs and what it's doing trae. The problem is reality the reality on the ground. If the if the if the numbers are. Are ringed to that extent. It just isn't going to jive with reality. And it's it's it wouldn't be. I don't think nearly as effective if something is personal. But I think you have to you have to look at the history of these October surprises. They've tried October surprise in October. They've tried them in September. They've thrown everything they've got at Trump, including during the campaign, the access Hollywood video and that didn't work. Now, he's out there calling the porn star. Who by the way is a backstabbing blackmailing double crossing porn star out there calling her horseface, and there are shutters in the drive-by media FUD who. President who who who doesn't you know what I find interesting about this all of these so called paragon of virtue on the left where one ten perversion has become normal in their world. And they demand that we accept wanton perversion as normal. They sit there and act like. Women austin? But we're not talking about woman. We're talking about a dual. What porn star? Double crossing. Backstabbing? Woman who has tried to destroy the guy with her third rate lawyer, she's not just an innocent ordinary everyday woman that Trump decided to call a name. She is a woman who attempted to ruin him. But for these Liberal Democrats these people in the media to act like people, don't talk presidents dot com on people talk this way. This is what resent what I resent about this the idea that they are clean and pure is the wind driven snow, and they don't think this way. They don't talk this way. What an absolute crock simply look at the things they say about us during the course of your average political day from your Hitler to your Nazis to your this or that they make fun of people's appearances. They make fun of people. I mean, they're they're comedy has become literal hate. And then they act like one of the greatest social transgressions in the history of humanity has occurred when Donald Trump uses the term horseface or when he did not Mark ballsy Ford, but simply re freidan. The truth about her allegations. I just I just find it just a little bit hollow. As though take your pick, take it. Take your pick any left-winger on media. Griping about Trump's using the word horseface and ask yourself if that media reporter never talk that way and the answer, but rush these people aren't president. And he is and this is beneath the dignity of the presidency. Well, I know they look at it. And think of it that way my point is they can try all day long. That's not going to separate Trump from his voters as some of his voters. Shut up back. There's so much going on here. Focus, and they don't need to distract everybody with that stuff. But he did they're also gonna they're not gonna give up trying to link Donald Trump to the murder of the. Of the journalist in the Saudi consulate in Istanbul. Jamal kashogi. They're still working on that. But I think they're frustrated to know him that nothing they do works. And now, I have a story I have to print I haven't had a chance to print it. Yep. Just cleared the transom here. It's about Trump's approval numbers are probably much better and much higher than anybody on the left and the media wants to admit..
"bureau labor statistics" Discussed on KSFO-AM
"Boy. Here we get a brawler police involving two hundred students outside of Philly. Mcdonald's. Jeez. So over dozen juveniles were arrested and cited after police say a large parole evolving up to two hundred schools students erupted outside of the McDonald's in Huntington park. That's a section of Philly. Massive broth three officers injured. Police say they were called for the report of a fight on broad street and hunting Park Avenue around three forty. Okay. Those locations only means something to people were from Philly. But this was they called it a riot. Well, yeah. Up to two hundred students fighting and instigating, and I'm sure every single one of them had a personal element in the original dispute. The caused the fight it wasn't just people jumping into fight for fun. Right. I don't know. Because there's no word yet on what led to the fight. There are two hundred people fighting. I wonder how many people were there with their cameras. Oh, yeah. Everybody jumped in just to jump in. Do not know. But I do know this. We have a new study out saying if you work last you'll live longer really I like that and going home who's going to pay for that. Full and part time employees in the United States working average of forty hours a week full and part-time work at an hour, an average of forty hours a week Cording to the bureau labor statistics that so I thought fulltime what's forty how could part be forty didn't fulltime end up going down to thirty two or something because of ObamaCare it was I think thirty or thirty two. Yeah. What they're counting it as now. Maybe you're asking too many difficult questions here. All right. So. So they say there are four ways shorter workweek could improve your health. Okay. I got a real problem with all this. I understand less stress. I understand more sleep. I get all that. Yeah. Spending more time with your loved ones. But somebody's gotta put hamburger the table. What are you talking about here? Usually. I mean, you can usually just ask the government for that. We'll see that's what I get it work less. You can. I'm looking at all the things this is the the journal of psychological medicine, less stress. Okay. I understand that. More sleep. Got it improve your heart health. Totally get it. Maybe they mean like give up your career and open an Ed see store. Yeah. But the heck are you? Okay. But how do you put hamburger on the table? And that creates a little stress. Question. Now, I've got to close my children. I want to get them into public. What to get them into a nice education? I I want to be able to retire. So yeah, it's all good. But what are you going to have the government pay for all this? Brahmins delicious. You can just survive on that. I don't even know where to go with this story this morning. This is the Washington Post journalist. Who was he walks into the he walks into the Saudi embassy in Turkey. And you see there's surveillance video of him walking in. But no surveillance video of walking out. What happens? In the meantime, he's chopped up to pieces. I don't even know where to go with this show while he's still alive while he's still alive. They apparently have audio of it. This is apple watch picked it up somehow. Yes. Horrendous screams heard by witnesses downstairs. Oh, the Saudis are allies for peace. Right. I understand what Trump is doing the one hand saying, listen, we don't want to rush to judgment no guilty before it is that we need to find out what's going on. Because. The the Saudis are. They control so much of the world's oil. And the Saudis are they've just they've position themselves so cleverly as being, you know, they're they're an important cog in the wheel of the economy and an important cog in the wheel of stuff going on in the Middle East. But at the same time, I don't trust these people. I mean, saying they're innocent until proven guilty is one thing. But I don't trust them doing all the terrorist on nine eleven exactly you was gonna be my next. Yes. It's a hotbed of radical Islam. I mean, the most radical of its kind so. Yeah, you gotta you gotta you gotta go about this in a very diplomatic fashion. But shoes surprise you if the Saudis indeed chop this guy's body up while he was alive. Because they chop heads off every Friday with people that are live chop chop square. Right. Do every every Friday every Friday they're chopping off heads. They're chopping off. We remember the caller we had this was chilling. Caller checks in. He's he was Asian from India, and he works here in the bay area. And he's doing some work over in Saudi Arabia, and it's a Friday, and he's he's driving along the road. All of a sudden everybody on the street on the road that he was travelling was pulled over if you just you're stopped cars were stopped. Everybody had to get out. Get out of their car. And he had no idea what was going on. He was fearful for his life. Everybody gets out of the car and you had to walk. You had to watch a public execution. He was he was just there on business. Whoa. So for these people to chop up this journalists while he's alive. So what they do. Sheesh. Okay. Onto better conversation to five twenty five. Yeah. There's no. I mean, there's no positive way to talk about that. So this is just so I mean, we talked about it. We'll probably get into a little later in the in the program. But anyway, all right. Okay. Okay. What do you got? Okay. I got a lot of hard questions. You don't want me to ask. I I love the Hillary Clinton story this morning. What's that? Jerry sound effect for that. Oh, yes. The car crash. Okay. You gotta stick around for that. Folks. We got the Hillary Clinton car that crashed. We'll get to that as well. Five twenty six. Do you have an ugly.
"bureau labor statistics" Discussed on C-SPAN Radio
"And it's so far produced really good outcomes, the four G standards that are the basis of the American communications networks were put through three GDP. We hope to see the same thing play out with five G. Right, right. So I want to switch now a little bit. I mean to the digital Konami. And then I have a couple more questions. You have questions will be going out to the audience. So part of it putting this together we wanted to the entitled as the conversation with David radio. Because I think you're a rockstar right here. Right. But we started with this new emerging digital economy jerk digital Kadhamy, according to the bureau labor statistics. It's actually generating exponential numbers when it comes to jobs. We're seeing digital commerce sales increase at the same time. We're seeing disruption of traditional industries, whether it's transport, energy, etc. It's commerce monitoring this change, you know, in terms of where people will fall in terms of work. How industries will look different will. We see latte land basis where old manufacturers used to be. We're going to see this next technology revolution Davis shift the way things did with the manufacturing revolution. I think some of that remains to be seen hit the nail on the head. Which is that the digital economy continues to be a growing part of our national comedy digital economy in two thousand sixteen represented one point two trillion dollars at six and a half percent of our economy supported four million or so jobs. That's that's a not insignificant portion of our national workforce in our national Christmas product and things are continuing to move that direction. And I think what we're seeing is is a number of the traditional industries. You mentioned are now trying to grapple with. How do we keep up with the pace of innovation? One of the most interesting places we're seeing that play out for us. And this is something that I worked on when I worked for chairman Upton and chairman Walden. And now, I get to see from this side is I net I net for those that don't know the first responder network authority was created in twenty twelve by the middle class tax relief and job creation act. And essentially what it is. An independent authority within anti whose job it is to produce a nationwide interoperable broadband network for our public safety first responders, they undertook a long process to do a contract vehicle, and now have deployed and are deploying across the country with ata network partner, providing broadband to public safety first responders that is for them where they get priority on the network. They get preemption on the network. And frankly, when we were looking at this on Capitol Hill for our bosses, one of the things we wanted to make sure we could do was bridge the gap between the pace of technological change in the wireless industry and the pace of technological adoption by public safety public safety. First responders couldn't keep up with the pace. And it was one of those things where just when you're ready to invest in technology, the technology changes. So how did you bring those two things together? This was a way to say, okay. We're gonna. Take that on. We'll bridge that gap will bring the the commercial sector in to be your partner. And I think it's playing out the way we hoped it would AT and T and Verizon are competing vigorously for public safety customers in a way, we didn't see five years ago. Right. And so I think that is a microcosm of the things we're seeing in other places because public safety first responders. Technology is not their first priority right saving. Our lives is their first priority. But they're now having to adjust in the same way a lot of our workforce is having to address rate. How do we deal with the change of technology? And how it's changing the way I've always done my job. That's right. I think it's important to also note the work that the White House is doing on the future of our workforce and apprenticeship and we've been we've been really excited to be providing some support to our colleagues in the White House in terms of how that can happen in the technology space, particularly the wireless industry because with five G coming. There will be a lot of opportunity for growth in that space. And we have to have a workforce who is eligible to do that work. One of the more interesting projects, we're working on that. I wanted to take a minute to talk about that talks about not necessarily the workforce in a specific sector, but trying to take broadband into places where it can be used as a stimulus for other things. And we've partnered and tell you has partnered with the historically black colleges and universities of North Carolina. Oh, oh, well, we've been doing with them is a pilot project to make sure we get broadband into the universities and work with them to create a center where that will help they'll surrounding communities where it's not just on the campus. But you're using that as a way to help the communities around these universities to become more digitally literate to understand the value of broadband to want to adopt broadband because there's the challenge that we face in terms of deployment and getting it out. But we also have an adoption challenge country. I know this is something, you know. Well, we worked on this over the years. Have a book coming out on that? But we do have an adoption challenge. Also, I there is there is there is a significant percentage of the US population. Who doesn't see the value in having a home broadband connection or engaging in the digital economy and anything we can do to help further digital inclusion? I think is a is a good for the country shameless. Plug my book coming out and Brookings press is about digital visibility. And how the internet could potentially be creating new underclass primarily because what you said, but digital Connie is shaping the way people live, learn earn and the extent to which we have people actually getting on the bandwagon of digital access. Not just a deployment a binary. I haven't I don't have it. But engaging in ways where they can actually five jobs or connect to the sharing economy, etc. Is really critical, and I see Maureen Lewis who's done a lot of work at NCI. And this is well, it's more Maureen Marin has been great on these issues and continues to just be driving forward in a way that is helping us not only advanced the project or working on the way. Hey, we look at the challenge. Right. Yeah. Champion pie yesterday gave a digital divide speech is part of connected compete, which brings me to this question, which is sort of, you know, part of my the foundation of the book that I'm writing comes out in two thousand nineteen. Share? You know, should we have an inter agency task force to ensure with all of these new innovations that will make sure that no one gets left behind because macabre perspective, if you know industries are changing jobs are being be purpose, but Sheen's are out numbering humans. You know, where are we going to be as a country in terms of our national competitiveness, if a huge proportion of people that sit on the Ron Senator divide cannot get it. So we in addition to the work we've been doing on the adoption side. We're also spending a lot of time as I mentioned on the infrastructure challenge. And one of the projects I haven't talked about that our our team at broadband USA has been heavily engaged in is helping to map the problem. We learned some tough lessons in two thousand nine and two thousand ten in the stimulus Bill in the stimulus Bill. There was a lot of money four point seven billion dollars that we put out from the private of commerce and department of agriculture to help provide a stimulus for broadband investment. Unfortunately, because of the way the law was structured a lot of that money the decisions about where to invest that money was made in the absence of good data about where we had a real challenge. There wasn't mapping component. But that wasn't done until after the grants had already been given a Brookings Institution discussion on data privacy with assistant commerce secretary for communications and information, David Rendel. We went back to congress earlier this year and said we want to help solve the problem and asked for an additional appropriation to help improve the FCC's broadband map. FCC does one using their FCC form four seventy seven. And it's it's great as a tool for what they're using it for. But it only tells part of the story, and so congress had asked us, can you help tell the rest of the story, they gave us a seven and a half million dollar appropriation and said go out and improve that Matt do it in a way that will help us in the federal government make better decisions. And so the Braga was engage in that. Now, we're we're trying to figure out how can we make the best use of this money? Having put a platform that will provide go no go type of information about making investment where we don't have service. Right. And that's that's a real chance. There are in fact, still parts of the country where it is a challenge to get service at all. Oh, don't. Yeah. Yeah. You think so it's interesting if you go to hours away from here you start going into down safe Virginia, you run into places where I had I had an interesting story. I was taking my kids to camp and my GPS kept going out because there was no service. And I kept having to go back to the main down to pick up the service. So a two hour trip turned into a four hour trip. But do you think that will be able to do a better job at NTIA on the mapping data because it's been critique that getting this information is very difficult. David. There's no question. It's a challenge. The to be honest. We asked for this challenge because we think we can add value. If we didn't think we could add value. We wouldn't have gone to congress and said give us some money and help let us let us help solve the problem. Is it going to be flipping a switch and all of a sudden it will be solved, of course. Not. I mean, there are scant few logical challenges that are that simple. Right. Right. And this hopefully is both a technological challenge. A societal challenge and trying to overcome both varies is going to be difficult. But the upside we have is we have an existing network. A folks in the states who wanna work with us brother in USA at which came out of the stimulus Bill that was part of the two thousand nine stimulus has gone on since then to maintain what we call the state, broadband leaders network and CBS leaders network is points of contact an individual folks in state government who are tasked with promoting broadband in their state. We bring these groups together through phone conferences and in-person meetings over the course of the year and try to share best practices. What's worked? What hasn't what works in the north? But doesn't work in the south 'cause you have different climate challenges. What works in middle America. What works in in the coast. These are all very interesting challenges and only by bringing all these groups together. Can you sort of get the kind of information sharing you really want to get out of it? It has also meant that as we look to do mapping. We have a group of people. We can go to and say what have you been doing mapping some states have? Really just not out of the park with their work going forward. I said this before and I'll say it Minnesota. Yeah. Now, we both got an opportunity to see the Minnesota. Yeah. We we both had a chance to talk to to Danna who is is at the Minnesota department of employment economic development, and Minnesota has really taken a leadership role in trying to attack the challenge of how we bring broadband to every Minnesotan. They're very far down the path of doing. And so these are the kinds of people we want to partner with and say how can we help? How can we learn from what you've done? How can we bring.
"bureau labor statistics" Discussed on KTRH
"Now as it turns out a majority. Of your lawyers over fifty percent expect, to give pay raises by, the end of. This year, I think that. That is a big trend turnaround this Gordon a careerbuilder survey published on Friday but, all things are local what about here in the Houston area join us to talk about it Patrick Jankowski of the greater Houston partnership do. You find similar figures here Patrick what we're seeing is the unemployment rate, is dropping fairly low within below five percent since October whenever you get an unemployment below five percent. That means you're fuel workers out there. It starts to put pressure, on the workforce and they're going to be better off her bitter compensation packages to find these worker so I wouldn't be surprised to see. Some improvement compensation by the End of the year of course that depends of course on what type of field we're talking about here. Which which areas do you think are more prone to sing raises Right now, there is a shortage of workers and the blue, collar sectors of the oil, and gas industry people who work out in the. Field on the drilling rigs on the fracking not. As much so in the white collar sector the oil and, gas industry plus there's always a need. For, workers in healthcare there's always a shortage in the. Texas medical center it seems and general sectors that are serving a growing population things, in retail and restaurants and healthcare again those are sectors which are are definitely adding jobs no k. w., what sectors, are not, like to. Be adding many jobs in mortar the worst areas, to go to ask the boss for a pay raise right now Ask you for a pay. Raise I'd look at my own performance I before. Out there so but we're seeing some weakness in. Construction there's a bit of a contradiction in the numbers on, one hand received some employment is going. Up, there but we're seeing a drop off in construction. Activity also the manufacturing sector if it's tied to oil and gas seems to be, doing better but it manufacturing sector seems to be a little too weak right now Also I would be. A little bit concerned about some of the some of the white, collar sector engineering has been real slow to return after the downturn okay And of course the folks that careerbuilder thinking about the average raise is going, to be right about five percent would you concur. Around here that's what the average race is likely to be the trace I don't. Want. To it is locally but. We're seeing two to three percent? Inflation rate and so the raise any raises that come through a. Hopefully be above the inflation okay minimum of two to three, and what, is just out curiosity because I'm sure you've had plenty people ask you for? A, raise. What's the best other than knowing what your real war is Jenny employer what what's the best way to go in and try to get a race oh. Gosh One thing I'd I'd make sure that I've been able to get all my work. Done. In the past that I. Am a still a performer it's? Easier if you're the number one person on your team to ask. The and and if you're someone in the middle of the, pack or, at the bottom of the pack so it's really needs to be based on? Performance okay Needs to be based upon what others in the market are paying if you're. Trying to talk to your boss, about a race it would? Be good to go in and say I know that the market rate is this, and I'm being paid that so I like to be. Paid, at, least with the market right is you can go to the bureau labor statistics they have all. Sorts. Of data, there. About what way traits. Are in the eastern region in the first thing I say does he do your research find out what. The market is paying before you. Go in and ask for race you. Better, have a better, reason I deserve, a raise yes yes that's. It sounds sounds like one of. My, children saying I deserve an increase in my lowering. Exactly all right Patrick thanks for joining us Patrick Jankowski the greater, Houston, partnership here on NewsRadio seven forty KTAR..
"bureau labor statistics" Discussed on Talk 650 KSTE
"Show my name is Dom. Jere dano pinch hitting at eight six six. Fifty JIMBO eight six, six fifty JIMBO now this young woman millennial Has been? The darling of the media. The girl I car her name is oh Cortez from the Bronx she beat Joe Crowley who could have. Been, the Democrats next speaker Now he's running third, party against, her but, anyhow she's a socialist she said she's a democratic socialist and Democrats are. Scared to death in, the beginning they saw opportunity. She can bring these millennials get him turned on get them out to vote even more than Bernie now, she's? Under fire so as I said she's been on call. Bear she's been. All over the. Place and she was with this. Margaret, Hoover who is sort, of a moderate right very moderate on PBS. And Hoover's making the point tour. Wait a minute you're. Attacking capitalism. You're going to hear a Casey oh Cortez. At the end say, someday capitalism is, not going to exist it's. Only a matter of. Time people don't want that they want socialism Remember the. Appeal Democrats millennials Hoover is telling. Her well wait a minute what, about the Trump job numbers. Look at what's, happening here This woman is. Supposed to be highly educated? Knowledgeable occasi- oh Cortes and Democrats Snyder saying see this. Woman's like a meteor and. You know what happens it meteors they blow up and show blow us up. We gotta do something. Here, listen to the rationale she gives, for? Why the unemployment numbers are, so low, here's how it. Sounded wow the economy is going pretty strong right there's roughly four? Percent unemployment three point nine percent unemployment do you think that capitalism. Has failed to deliver for working class Americans are is no longer the best, vehicle? For working less America I think the numbers that, you, just talked about. Is part of, the? Problem, right because we look at these figures and, we say oh unemployment is low everything is fine right well unemployment is low because everyone has to jobs unemployment is low because people are, working sixty seventy. Eighty hours a week and can? Barely feed their heads and So I do, think, that right now. We have this, no-holds-barred? Wild, west hyper capitalism what that means is profit, at any cost capitalism has not always existed in the world and it will not always exist in the world All right there so. Let me now intervene I know you're blowing a gasket you can reach, me at. Eight six six fifty JIMBO she's apparently highly. Educated this genius of democratic socialism the it, girl you know that here's how unemployment is counted The. Unemployed are call it's called the household. Survey by the, bureau labor statistics. They call tens of thousands, of respondents a. Month and then extrapolate the number of people who have. No job at all are. Still looking. For jobs across the entire population and that's where we get. The, percentage in other words it. Doesn't matter you can have eighteen jobs miss occasional, Cortes you're only count it. As a worker as being employed you're not counted eighteen times it's amazing this is just one example what's going on with this woman now. Let me linked? To something I talked about this on my. Show in Philadelphia and it. Was like wildfire one of the. Things that Bernie did tap into, and, she tries to. Tap into in addition. To these dumb comments is, student loan debt. Are you aware there's actually a TV show Show on now on TRU TV my son, watches a couple of shows you got me watching it's not a major channel yeah it is on cable and the show's. Premise is if you win and the. More that you, win the name. Of the game show is, paid off it. Offers you a.
"bureau labor statistics" Discussed on Progressive Talk 1350 AM
"The help with the childcare expenses where's anything to support families what kind of family values that we get from this government no wonder we're not getting any kind of rising wages all right so that's one thing now again i got thank the la times wanna thank the la times more seniors eighty five and up are working now that could be by choice that could be by choice but this is the la times overall two hundred and fifty five thousand americans to under fifty five thousand americans eighty five or older were working over the last twelve months that's four point four percent of americans of that age up from two point six percent in two thousand and six now when you've got people eighty five years of age working is that really is that is that is that your culture heritage is that your that's not my culture and heritage not my culture and anti aren't the top line so we have we have wealth and income inequality rampant in this nation because our politics have made it that way and if we want to change it we've got to surge into the system and you know the rest all right here you go to one hundred thirteen thousand jobs in june but notice the number of longterm unemployed those jobless for twenty seven weeks or more rain half a year or more the law the number of longterm unemployed increased by two hundred eighty nine thousand in june two one point five million people those one point five million people accounted for twenty three percent of the unemployed we have a massive problem in this nation with longterm unemployed and we're not helping them the number of persons this is again from the department of labor here it is you're on the norm cam department of labor bureau labor statistics the number of persons employed part time for economic reasons sometimes referred to as involuntary parttime workers was little changed in june at four point seven million people can't we do something for these people why is it that the united states government says you're on your own why is that the official policy states government you're on your own we're busy working for exxon an ibm what is this all about all right how about obamacare obamacare i was jobs killer employment in health care went up by twenty five thousand jobs in june obamacare there's your obamacare employment and healthcare rose twenty five thousand in june and has increased by three hundred nine thousand over the last year with the republicans trying to kill it miming appointment this should make this you make joe manchin very happy out in west virginia i hear you gonna mining employment continued an upward trend in june plus five thousand jobs the industry has added ninety five thousand jobs since a recent low point in october two thousand sixteen almost entirely and support activities for mining and when i hear that i hear.
"bureau labor statistics" Discussed on The Schmidt List
"If you're a corporate recruiter right now like i don't hardest role in town defined right now is a really good tech recruit corporate tech recruiters are the hardest thing to find in town right because first of all there aren't many technical recruiters and that's what everybody wants right yeah so if you are feeling if you're working or if you're working at a small company and you're like i wanna i wanna go work i'm making it up at ps commerce best buy target or dorothy or wherever like there's opportunities for you well that's the thing is i was talking to somebody recently about negative employment in in certain roles would you put tech recruiter into that sort of thing that that negative unemployment thing but yes so first of all the the dice just had an article in the last week or so going into the bureau labor statistics they went that now the employment rate for technology professionals depending on definite one point nine percent it's been under two percent minneapolis it's twenty march twenty ten the recruiting yeah probably like it is it's just it's just hard to find someone who can talk to a technologist either technologist level or at a human level either or right translator in some cases and and someone who has some empathy who can beat advocate for both sides like it's hard what normally happens during a recession by the way it happened in the last one since it was a financial crisis almost all the people who became searched for recruiters had been in the mortgage industry sure because it's actually not a major skillset chain.
"bureau labor statistics" Discussed on WAFS Biz 1190
"Three let me go to jesse jesse is calling us from texas hey jesse hey thank you for letting me talk to you then question is two years ago when principal bums administration changed the way they can terminate unemployment for anybody work part time was considered it boy wouldn't that make the unemployment rate at three percents we'll present for pulling closer putting working parttime then have a chance well so the way the unemployment rate works is purely the a number that is based on the labor participation so if you would if you discounted the the part time employment then it would actually make the depends one would think it would make the unemployment they would they would come out of the labor participation then if they stopped looking for work and the unemployment rate would go down or there would start applying for fulltime jobs in the unemployment rate would go up so really kind of depends but it's primarily do calculated based on how many people are participating in the in the labor participation rate now believe that the unemployment rate is not real anyway because unfortunately the bureau of labor statistics doesn't use the right population number they use a skewed in my opinion skewed population number we have a population of three hundred and eight thousand i think they're still using three fifty phenomena stake in because why because while they gotta wait for the next census come out there they don't have the capabilities of using the real time numbers or yeah the capability that's the right word they don't have the capability of using the real time numbers so the whole unemployment numbers all skewed anyway for that reason but i'm not sure i guess i'm not sure i understand your mac either what you're what you're saying so the unemployment rate was so anybody that was working even one hour during the obama administration was counted as employed and that's in my opinion was why the unemployment rate was loaded begin with was because everybody was counted they didn't have to work a certain amount of hours not to mention the bureau labor statistics survey numbers were skewed to the liberal ideology of the bs so they would make their phone survey is anybody in your household work.
"bureau labor statistics" Discussed on WDEL 1150AM News Talk Radio
"Five two nine one oh one seven okay so truckdriver michael earlier and if you're talking about weasel the week who's been a real weasel bring it go ahead it's fine with me you know your weasels your weasel and then we tally the weasels we count the weasels and we tossed him into the weasel hall of shame at five to nine one one seven talk and text so trump during the campaign said oh my gosh unemployment numbers are horrible and and l anything looks good as fake they're fake fake fake fake fake fake numbers fake numbers and what the obama administration was putting out for years we're actually not true especially during the summer of recovery number one and number two and the joe biden would come out and say we've got a million jobs and the bureau labor statistics say no more like fifty thousand and joe biden say we li we added a million jobs and the bureau labor statistics we come up that quarter and say no about forty three thousand so then we all started looking at the bureau of labor statistics and we learned that the three numbers that everyone talks about how many people have applied for unemployment and they used six numbers as everybody who is unemployed underemployed not being able to to work fulltime things like that and they're trying but they just can't get a time job and throughout the obama administration those were in double digits like you know fourteen sixteen percent a huge numbers so we get down to two thousand sixteen two thousand seventeen and in two thousand sixteen let me take a look at here the obama you sixes were still in in double digits and the seasonallyadjusted let's see in april two thousand seventeen dropped down eight point one that's two thousand seventeen in april two thousand eighteen down to seven point four so actually even with the use six numbers which are the worst numbers of all it's pretty darn impressive right now it's seven point eight percent and that's always the high number like i said always in a double digits the obama administration and now it's seven point eight percent the numbers we.
"bureau labor statistics" Discussed on 1150 AM KKNW
"Com and let's start at the show today with a little money chad and the a little market news today initial jobless claims which measured individual filing and unemployment benefits for the first time was reported at two hundred sixty thousand last week this represents a drop of twelve thousand from the previous report which was revised at two hundred seventy two thousand these figures are still screwed you to be hurricanes and both texas and florida and will likely continue to be for some time but bureau labour's statistics job report has been significantly lowered from estimates at only one hundred thousand jobs created due to the hurricanes if the job figures and stronger them out the market will understand that as the job market being a really strong because of jobs were created above what's expected even in spite of the discipline in job creations due to the influence of the storms if at the number comes in modestly benefit expectations it will likely be discounted given leeway on them markets will s will say that the full impact of the storms has not been factored into the estimates so because of this there a better chance of the stock market will not react negatively to the jobs numbers last once numbers of hundred and fifty six thousand new jobs with 44 unemployment rates the market expectations of a hundred thousand new jobs with 44 percent unemployment rate on the housing front some important at housing housing date came out last week of the core logic housing price index showed the home prices rose by point nine percent in august and six point nine percent yearoveryear nationwide the europe or your rate accelerated from six point seven percent last month and continues to show very strong and meaningful appreciation levels core logic forecast that home prices will rise by four point seven in you're going forward and that they're usually a bit on on the conservative side now this again is a national average and most likely at stronger appreciation here in our seattle market uh last son little bit of a news president trump has been meeting with some of.
"bureau labor statistics" Discussed on Trumpcast
"No i think the economy is doing great begin look look this in charge in that how do you can't have you deal with that that that at almost mix politics impossible yet another jamaa to her i really don't buy myth it's true i think everyone must clarifying moments of the early administration was i think one of the early press conferences when sean spicer was asked by reporters you know trump it settle the stuff during the campaign about how the numbers from the bureau of labor statistics on the upon improving had been bunk but now you have you had i think in in late january or february numbers showing a continued improvement so the question to spicer was does president trump still think that the bureau labor statistics is full of crap and spicer's response was now he thinks he thinks the numbers are real now and presumably trump supporters sort of role without now i don't really know whether if varies singer improving obviously but they're proving more sluggishly in some places numbers which is one of the reasons why trump got some disaffected voters but if if things continue to go sort of sluggishly in those areas i i really don't know if that actually impacts trump negatively one thing one thing that you want to say about this moment is that these sorts of problems of not being able to reach certain people with the facts are not really new yeah um and are not really can exclusive two conservative politics ideological politics may have been reading a book called public opinion by walter lettmann deserved one in wonderful book is written and be believed in the early 20th um and it was sort of his assessment of democracy going back to the founding and how it works out in america an easy points out that you know it democracy is really hard and one of the reasons why it's really hard is that even if you are engaged citizen who tries their best uh to understand politics and policy in and you know if you do stretch spent portions of every single day trying to.