35 Burst results for "Hamrick"
Gripped by surging pandemic, US employers cut back on hiring
"The labor department says job creation last month hit the lowest level since April the two hundred forty five thousand jobs added reached a point not seen since the start of the pandemic Bankrate dot com's mark Hamrick says this is being referred to as a K. shaped recovery one part of the K. moving up the other moving down moving up people who are benefiting from the strong housing market record low mortgage interest rates a booming stock market and those moving down those that have already been sidelined or lost income those who'd be working in leisure and hospitality bars and restaurants retail with coronavirus cases and deaths rising what's next we're going to continue to have the situation that is exacerbating income and wealth inequality that is a feature of economic downturns but even more so for this downturn which has been like none other one economist warned this is the calm before the storm at Donahue Washington
Unemployment claims break 5-week improvement streak
"New Covert 19 restrictions going into effect across the U. S. Are starting to pressure the labor market. The government reports that first time unemployment claims rose by 773,000. Snapping four straight weeks of declines. Bankrate dot com. Senior economic analyst Mark Hamrick says it's a worrisome trend. That combined with the increase under the pandemic Unemployment assistance program puts us at more than a million new claims. Continuing claims fell by nearly 430,000 less than 6.4 million. But that trend will face pressure in the coming weeks as an increasing number of state and local governments. District activities in order to try and slow down the surge in new covert cases.
The $20 billion missing from this economy
"Los Angeles I'm Carl Rozelle Thursday I believe the twenty second of October has always to have you along everybody. We're going to start today with a story about something in this economy that is not there that isn't happening and what that means. We're going to set it up by noting that seven hundred, Eighty, seven, thousand people lost their jobs last week and made first time claims for unemployment benefits less than the week. Prior, it should be said, and also that the Labor Department adjusted downward is numbers for the previous couple of weeks. And that's good. It really is but the number of people on government assistance because they have lost their jobs is still stratospheric. Lee High millions of them are running out of benefits and as you know, those extra six, hundred dollars a week went away in August. And that to get back to the thing that's missing is sucking billions of dollars out of this economy compared to earlier in the pandemic how many billions? Marketplace's Mitchell Hartman gets the lead story today. The answer is. Twenty billion dollars a week. That's how much is not getting into out of work Americans, pockets since a bunch of federal assistance programs for the unemployed started running out in midsummer Andrew Statler at the Century Foundation says based on Treasury data, they were getting twenty six, billion a week that as come crashing down to just six billion dollars, it's much less support to. Families and to the economy than we had six hundred a week in federal pandemic payments expired at the end of July the President's partial replacement program ran out of money last month also folks laid off back in March and April are now running out of their twenty six weeks of state jobless benefits some but not all are getting a thirteen week federal extension. Unemployment benefits now average three twenty a week across the country. It's even less for gig workers on pandemic on employment assistance and that has made a huge dent in the purchasing power of households suffering unemployment says Mark Hamrick. Dot Com, they are really having to scrape to get by these days just for basic needs such as pay for shelter, pay the bills to put food on the table and forget about luxuries. That's exactly what Brooke Wetzel has seen play out in her florist business in La when the economy started to open up late spring sales picked up but since August things have gotten pretty slow people might have that you know extra fifty to seventy five dollars per fire arrangement. So woetzel's working part time now spending the. Rest with her homeschooling kids I'm Mitchell Hartman for
Unemployment Claims Remain Historically High
"Report is out, but it seems to bear the same old news bankrate dot coms. Mark Hamrick. New claims appear to have settled into a still historically high pattern numbering in the 800,000 range since late August. The outlook remains quite concerning for several reasons, although we remain hopeful of the eventual availability of effective and safe vaccines will get us to a better place on a number of fronts. 840,000 filed new unemployment claims last week. Claims have not fallen below 800,000 since March.
Federal officials stockpiled munitions, sought ‘heat ray’ device before clearing Lafayette Square, whistleblower says
"So We're learning more these about air, small what federal businesses authorities of were these thinking air bars and restaurants and planning and retailers just before Lafayette also Square the airlines. in the nation's capital Anyone was who's cleared really of reliant protesters on back travel in June, these all days for President is Trump that to some walk across risk the there street some and beneficiaries hold a Bible of in that front as of the well. church. For those, Arrest of laying for example is following of Mike the story do for the business Washington Post with and people spoke who with are Como's making below. road Neil trips. Marissa, It seems Where as though federal officers you know there's a were perception preparing for and probably quite reality a confrontation that we're There safer they seem if we stay to have within been. the They confines were trying of our own to automobile. paint a number On of the different other hand, weapons. 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There Send has out these been, I invisible would say some improving beings. rhetoric And if you're on caught all sides in it here lately, heats up the president's the water signaling molecules that he'd in be willing their skin. to sign something well And about make what it the Senate feel had like failed to your advance. skin is burning. We'll Is see whether there any they sense make progress as to why such and oh, a by drastic the way steps were being looked funding at? the You know, federal it's government hard is slated to say to run out and this but mark, way I think they in the will early end up days passing of the a protests continuing resolution out here in D. to C address and that. Alright, there has Mark. Thanks been as some always, unrest for your in insights the nights before that there is was Mark a fire. 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Unemployment Claims Held Steady Last Week
"And the number of Americans applying for unemployment benefits was unchanged last week at 884,000 assigned that layoffs remains stock at a historically lie high level six months after the viral pandemic flattened the economy. A great dotcom senior economic analyst Mark Hamrick has been watching the numbers each week and spoke with comes Tom Hudler. What's the headline here today? I think that we're not making as much improvement with the U. S economy, particularly on the job market as we'd like, and I think there's some real risk here going into the fall. Whether it's because of this more famous From temporary to permanent job loss. You know, you looked at, for example, that number the reference there, which is the new claims administered by all the states, and then you look at the program. That's the pandemic Unemployment assistance program away had a nearly equal new number of more than 800,000. So you look across the landscape between the state administered programs. And that Ladder program, which is meant to help gig workers and entrepreneurs were really talking about a total of about 29 million forms of assistance going out across the country affecting that many people, So you know, this is not normal by it by a long shot. How does today's number compared to the weeks before the pandemic really exploded? I know it's obviously a much larger number. But expert What kind of numbers are we talking about? Comparison was great. Great question, Tom. So you know, earlier in the And when we thought we just sort of the you know, moving along at the normal clip, we were averaging a little more than 200,000 new jobless claims every week, so just on the headline number alone again more than 800,000 administered by all the States. We're four x that other number and that doesn't even get to the other parts of the programs that are being administered again under the pandemic, or cares that program
Number of Americans seeking unemployment aid is rising
"Information out on jobless claims today. Mark Hamrick is the senior economic analyst at Bankrate. Obviously there are a number of ways to slice and dice these numbers, but I think any way you slice it, I think they're disappointing. You look at the headline number. The seasonally adjusted New claims for unemployment benefits administered by all the states that number coming in flat from previous week's upwardly revised number at 884,000. Just put that into perspective. That's more than four times the average earlier this year when we were saying new claims coming in about 200,000 were now nearly a half year into elevated new claims will hit that mark in the coming week across the country. It's worth noting that some of the previous hot spot state bids see a rise in new claims. And of the second largest increase came here in the state of taxes with an increase that was just under 76,000. Elsewhere. We saw rise of 12,000 in the state of Florida. And AH, smaller increase in Louisiana and mark were exactly three weeks away from that all important deadline for the rules expiring for the airlines for the Paycheck protection program. And it sounds like these carriers air still holding out some hope that they won't have to cut tens of thousands of jobs in early October, but it sounds like that hope is quickly running out. Well, the airlines are among those who are hurting the most. They're having such massive operations and diminishing the amount of cash that they're holding on hand. And you know, we've had United Airlines out either job cuts or furloughs, topping 15,000 more relevant to the natural flex. American airline that number that they're talking about what some 19,000 and the ability to either keep workers on or to have to let them go, really is divided between weather. Congress passes further aid to the airlines and sort of the chief suspect. There is the aerial protection program. So this isn't just a question of providing additional checks to those who are unemployed. It's also continuing to provide the ability of employers to keep people on their payrolls, which has another secondary benefits of the broader economy, because retailers etcetera I will be able to get those funds as consumers do what they do that is mark Hammer from bankrate dot com.
Dow moves higher early Thursday despite disappointment over new jobless claims
"Coming in higher than predicted bank rates, Mark Hamrick said Texas saw increases in that state of Texas alone. We also saw increasing claims about now. 8,666,000 several other key states, including California Sol games, a tundra Nate for first time claims were filed. The expected number was going to be about 8 50 or so I got on the phone. I'll talk to Katie are each money man, Pat Shin, asking him and at the time that we spoke, the Dow is up. Stocks are trading higher, following games and markets overseas. The biggest games or From what I'll call the venture out stocks, cruise ships, casinos and concert promoters all trading higher, So I wanted to give you that piece of information. But right now the Dow is down 72 points S and P is down eight. NASDAQ still has a little green. That's up for points right now, But we will be keeping an eye on that
New jobless claims rose last week as mass layoffs continue
"By the pandemic, the latest figures show National jobless claims went back up last week to 1.1 million, with the rate of layoffs staying the same week over week here in California with just over 200,000 new job losses. Bankrate con economic analyst to Mark Hamrick hopes for continuing improvement after claims fell below a million a week ago. I've been dashed. The fact is new unemployment claims have remained remarkably elevated for 22 consecutive weeks, coinciding with the panda on the latest survey shows a growing number of people who've lost jobs say they consider their loss to be permanent.
American initial jobless claims rocket above 1 million again
"An increase in the number of people filing for unemployment benefits, according to the government. Bankrate economist Mark Hamrick says the number is back above a million more than one point. 1,000,001 really has to be disappointed to see this rebound. A new claims for unemployment benefits, and this includes gains for several key hot spot states, including New York, New Jersey, Texas and Florida, California Senator Kamala Harris
U.S. Weekly Jobless Claims Jump Back Above 1 Million
"Jersey and Connecticut. Well, they are three of the states showing the largest increases and unemployment claims last week compared to the week before. Numbers came out earlier this morning and in New Jersey. More than 24,000 new claims compared to 13,000, who claims a week before New York 62,000 new claims compared to 52,000, Connecticut, had 9300 up from 7400 the week before just released minutes from the late July meeting. Indicate that some members of the Federal Open Market Committee We're discussing the need for further fiscal policy support, as they called it to encourage further improvement in the job market. In other words, they were calling on Congress and the president to pass another round of relief legislation. That would be bankrate dot com Senior economic analyst Mark Hamrick their overall on the weekly jobless claims around the country back above a million, at least for this week, as opposed to the week before they had been falling for two weeks prior But Came in at 1.1 million this morning.
US jobless claims jump back above 1 million in face of virus
"Claims are back above a million. They've been falling for a couple weeks, but they came in at 1.1 million this morning. Bankrate dot com. Senior economic analyst Mark Hamrick says this backs up the call by some members of the Federal Reserve for more relief just released minutes from the late July meeting. Indicate that some members of the Federal Open Market Committee We're discussing the need for further fiscal policy support, as they called it to encourage further improvement in the job market. In other words, they were calling on Congress and the president to pass another round of relief legislation and three
Weekly unemployment claims drop below 1 million for first time since March
"A small glimmer of hope in today's weekly job numbers. The latest look at the jobless picture indicates 963,000 people filed for unemployment benefits last week. Bankrate dot com. Economist Mark Hamrick says it's the first time that number has been below a 1,000,000 since March. The total number of people on unemployment assistance is now down to about 28 million. Overall. We also saw continuing claims dropping on the weak and many of the reason Covad 19 hot spot states saw declines in their new clams short of a congressional deal. President Trump Promises continued Federal boosts to jobless benefits of about $300 a week. Economist Joel Narrow from anyone Unemployment. Theoden anal $600 per week has been the key to their ability to keep spending and paying rent, and that is no longer being paid. Indeed, the biggest threat to the recovery appears to be the political gridlock in Washington. Until that has broken the economy will be under growing stress.
Trump says capital-gains-tax cut is 'seriously' being considered
"We don't know yet how President Trump's executive orders on Covert 19 will play out. States say they don't have the money to kick in 1/4 of the supplemental federal unemployment benefit, but the president already has plans. Beyond that. We're looking at also considering a capital gains tax cut, which would create A lot more jobs. Whether it is also talking about a middle income tax got earlier this morning bank rates Mark Hamrick joined us on Colorado's morning news. Here's how he characterizes the tax got talk. I think any talk about a tax cut at this point is really just just trying to fill the void with Idle rhetoric, Hamrick says any new tax cuts are unlikely, at least until the election is
1.2 million seek jobless aid after $600 federal check ends
"The monthly jobs report for July is due out later today many economists are expecting a disappointing monthly jobs report including Bankrate dot com's senior economist mark Hamrick while we did see some are reasonably robust hiring in the month of June with nearly five million jobs added according to labor department most economists do not expect anything like that here for the month of July in fact it probably fewer than two million and what about the unemployment rate in June I was eleven point one percent still historically high economists think the bank could slip to ten and a half percent in July even with July's expected gain barely forty percent of the jobs lost to the corona virus have been recovered surely a blur Washington
1.2 Million U.S. Jobless Claims in Latest Week
"Nearly 1.2 million laid off Americans applying for a state unemployment benefits last week, Almost 25,000 of those initial claims were filed in a little while the number of last week's jobless claims fell by 249,000 from the previous week. It's the 20th straight week that at least one million people have sought jobless aid. Marke camera bankrate dot com Senior economic analyst says We're talking about an economy that suffered a knockout punch in the early part of this year and is slowly being resuscitated. But it is not yet out of the hospital, so they speak and that's obviously correlated to the disease outbreak itself, which has been amore house I say, stressful and challenging battle, Then I think we anticipated and Hamrick says What you don't see in the data is the human toll. According to the Census Bureau's Household poll survey. About half of all households in the US have experienced a loss of employment income since mid March. More than 10% said they didn't have enough food in the previous week. Then there are pending evictions in all of this as lawmakers work on another stimulus package. Jennifer Kipper News Radio, 105.9
4.8 Million Jobs Added in June, but Clouds Grow Over Economy
"Are much better than expected Report out today shows US economy, adding 4.8 million jobs in June Labor Department now reporting that unemployment also fell to 11% last month, but bankrate dot com economist Mark Hemorrhage says that number may actually be slightly higher. He joined debris. Debbie Feinstein live on Skype to explain 1/3 of the jobs that were lost among the 20 Two million of since been restored, which obviously means 2/3 yet to be. So we sell the high rate of unemployment in our country, and I had an asterisk to the 11.1% unemployment rate you mentioned. Their Labor department cautions us that because of problems with measurement that are ultimately fairly complicated, the actual unemployment rate is about another percentage point above that. So let's talk about 12%. That's 2% above the highest level we saw during the great recession over a decade ago and within certain sectors, for example, in leisure and hospitality, which is the category including bars and restaurants, the unemployment rate they're 29%. That's above the level of the great Depression, So we still have a lot of heartache to work through here. Also, we've gotta recognize that new shutdowns air now underway again because of the pandemic. This data and today's report is from the 1st 2 weeks in June before this latest round of shutdowns. What does this mean? Looking ahead to the next report? That means there's more risk associated with a weakness, or at least a stall in the data will get for the month of July. As you indicate this dad has always collected around the 12th of the month, so it is somewhat stale. At this point. That's why, in some cases It's been more optimal to look at new claims for unemployment benefits of there. We're down for a 13 straight week, but elevated above a 1,000,000 for 15 straight weeks. Do businesses feel okay about rehiring again now? Or is there still too much uncertainty? For example? What happens now? If people stopped traveling again? The answer? That is really about the answer having to do with where you're located. What sector you're operating in on what the business outlook is operating a restaurant which would be doing business under challenging, Sir. Come stances on the best of times because of the high failure rate thinking about being restricted at 30 or 50% of your traditional level of business. You're thinking you're walking on egg shells. But if you're in a service industry, perhaps technology I t working with the cloud collaborative tools of security, the many tools that have kept many of us in operation during the lock down, But do you think the outlook is pretty good, by the way? Mortgage interest rates or a record low levels that's helping the housing mark. And that's one reason why the financial services Trade really still has a remarkably low unemployment rate right now, and that is bankrate dot com economist Mark Hamrick.
More Than 1.5 Million Workers Sought Jobless Benefits Last Week
"Until the economic news that one and a half million laid off workers applied for unemployment benefits last week even as the economy appears to be slowly recovering before businesses partially reopening these days mark Hamrick senior economic analyst for Bankrate dot com says we should know here it is the tenth straight weekly decline in applications for jobless benefits since they peaked in mid March we're still seeing extremely elevated claims and they do seem to be I would say stabilizing of the headline numbers of new claims have been declining as you say for ten straight weeks bought yeah we look at the sort of headline numbers on the claims the main on employment program which had about you know a little more than one and a half million new claims but still there's another seven hundred thousand that are part of the carers act pandemic claims so we're still talking about two point two million overall and you know something along the lines of thirty million people in all continuing to receive unemployment so I think we're continuing to try to balance optimism with realism and obviously what's what's happening with the stock market we're getting a dose of realism circling back around it's probably one of the most commonly asked questions I've been getting for people whether they're essentially friends family or in media settings what's going on with Wall Street I just try to remind people that Wall Street is not main street and vice versa and with all the trillions of dollars in a stimulus or relief there been applied to the county the stock market reacted in kind for those and adventures who I would've largely urge to stay put through all this they've been rewarded by that thirty plus percent return from the lows during the pandemic it's obviously concerning we see nearly half of states with rising cases of coke at nineteen the chairman Powell basically stated things as they are many on Wall Street might of like two had a Rosier view but having a rosy view in the mess of everything we're dealing with probably would be a disservice to those who are suffering economically or because of their health mark Hamrick senior economic and list for Bankrate
"hamrick" Discussed on WBBM Newsradio
"Mark Hamrick with a Bank rate dot com, personal finance minute. Going back to the end of last year. There have been concerns that a recession could arrive in the US sooner rather than later, the stock market declined sharply before the Federal Reserve signal no further rate hikes for a while. So it was a real. Relief to see the Labor Department report nearly two hundred thousand jobs added in March after a soft February the monthly average where the just completed first quarter turns out to be a solid one hundred eighty thousand quite respectable for this stage of the nearly decade old economic expansion. But retail has been going through a rough patch losing a total of more than thirty thousand jobs over the previous two months added to that in the first three months of the year retailers announced plans to cut one hundred ninety thousand jobs amid plans to close four thousand stores this year. The US economy is slowing after impressive three percent growth rate for all of twenty eighteen but slower growth is something quite different from no growth for more. Check out Banchory dot com. I'm Mark Hamrick. He covered WBZ news time one ten a twenty year old L man, and a juvenile are charged with a felony tied to a date that turned into a robbery WBZ. Keith Johnson reports Aurora police say hate motley of Elbert enter Jubilo from Aurora setup. A victim through a dating app cult scout. Police say. The target thought he was meeting female in an apartment parking loud and best place. Instead police say the victim was confronted by two males who beat him up and took his wallet the suspects around a but relocated nearby by Aurora. Police heath Johnson, NewsRadio one zero five point nine FM and elk grove village. Van has been indicted on charges. He tried to kill a postal carrier last New Year's Eve WBZ's. Jim good us reports. Federal prosecutors say Cameron rubel shot and wounded the letter carrier who had just made a delivery and the two hundred block of west Brent, whatever new in oak grove village. Investigators say route Bush walked up to the postal carriers truck said something along the lines of what's up man than fired. The truck has the postal carrier drove away the postal carrier survived. That will prosecutors say Ronald by junior about prospect is charged with driving book from the scene after the shooting..
"hamrick" Discussed on WHAS 840 AM
"To Mark Hamrick senior economic analyst for Bank rate dot com. Mark go. Welcome back. Let's talk a little bit about some things that we've been talking about for a long time. Actually, that's student loan debt and its impact. Now, we're starting to see more and more on the economy with millennials. Absolutely are Tony good morning. Be wet you. So we've talked about the one point five trillion dollars worth of student loan debt. Probably to some degree a pretty often in the country in terms of that being a large amount, but you know, with all these sort of government spending or government related issues in our country, very often these big number sort of fly by us, and we don't really appreciate the gravity of it. In this case there is gravity. Bring people back down to earth because you know, the Federal Reserve estimator that the average student loan balance. And obviously we're talking about an average is about twenty to twenty five thousand dollars and that probably translates to a payment of about two hundred three hundred dollars a month. So we wanted to find out whether a people had delay major financial decisions because of that. And how often has that occurred? And first of all we found that across basically the entire US population. You have a high of more than seventy percent saying they have had to delay of major decision. Financially focused for generation the those that are eighteen to twenty two seventy three percent from the line. When you go across the entire age spectrum and even those in the silent generation, which is seventy four o'clock, you got four down there saying they've had to do that. And so then you ask them what have they had to delay? And for all Americans, basically one in three have delayed saving for emergencies almost the same amount for saving for retirement. Let you go to millennials and basically one out of five have either delayed getting married or having children. So this is real. It is. And you know, I'm trying to think of some systemic issues about this first of all most seventeen eighteen year olds entering college. Just they just say, I'm a I'm going to get a loan or maybe when they're nineteen twenty and they realized that they don't have enough money for college. I'm just gonna go get alone. Because that's what you do. They're not thinking about having a family one day. Maybe not at that. That juncture not ownership of a home. For example, you had the government loans situation that made it easier for many people to have loads and then schools subsequently raised their tuition because they know they're going to get paid or they hope they're going to get paid. Absolutely, right. It's a less than virtuous cycle. And, you know, obviously, in many cases of the conversation that can involve parents and their children, in some cases grandchil- parents as well. And so we did ask what would you do differently? You had it to do over again. What's your do over? If you could have that and one three that they'd apply for more scholarships, but Tony one, and they wouldn't have tended college at all about one in five that they would have opted for a different degree or have chosen a less expensive college or university, and the same amount said that they would have chosen a trade school or community college and this one, but I think there really are better solutions for people where you know, you don't have to go to the top to your smartphone. The apple school. Go to one you just get the job done or go to the community college where after two years, you haven't spent as much money, and you probably have a good prospect. They're being granted acceptance at a state university they recognizes that that's a good system for them as well. And in public education. Let's start teaching kids how to budget in high school because a lot of parents don't do that financial literacy is I would say another crisis in the country. And then we're falling behind signed number one in the world. For financial literacy. Wow, mark. Appreciate your time. Is always thank you that senior economic analyst for bankrate dot com. Mark.
"hamrick" Discussed on 106.1 FM WTKK
"Radio station. I'm Mike Hamrick man who police believe shot two people at a Wake County pharmacies now in custody. Investigators say sixty euros Stephen Denning, shot a woman and a man yesterday at a Walgreens and garner. Both victims were seriously injured and one is in critical condition then were shot by a deputy who caught up with it later at the rally golden corral. He was taken to the hospital charged with attempted murder and assault with a deadly weapon and more charges against Denning are expected the family of Thomas Bill couple who was found dead in their home is offering a five thousand dollar reward leading to an arrest in the case Forty-six year old Bill Jones in his wife. Fifty one year old Kimberly were found dead just two days after Christmas their house had caught fire. But an autopsy revealed a couple died of gunshot wounds. Anyone with information is asked to call the police department three fourteen year old boys are under arrest on suspicion of leading Thomas Ville police on a chase and a stolen car. This whole thing develop. Wednesday afternoon near mendenhall in unity streets when officers tried to stop the car for speeding. The suspect sped off before stopping at the intersection of fairway and Cox avenues. That's when they got out of the car and started running they were found a bit later hiding in a barn and arrested schools in Thomas Ville replaced on a temporary lockdown as a precaution. Two suspects are under arrest after a man was shot and killed outside of Winston Salem bar. Twenty-three-year-old Gregory Thompson and twenty five year old Danny Ford are charged with murder and possession of a firearm by convicted felon, they're accused of killing twenty five euros Kwan scales. This past weekend, they're doing court next month. Stay connected. Follow us on social media. Go to one of six one of 'em talk dot com..
"hamrick" Discussed on 106.1 FM WTKK
"I'm Mike Hamrick in Durham police have arrested Joshua McClain for the two thousand eighteen shooting death of li- yesterday. They announced that he'd been caught in Carey in. Yeah. I was found shot to death in a burning car McClain. There's one of four men facing charges in connection with the killing elements narcotics officers were shot at during an investigation last night, the alamance narcotics enforcement team was conducting surveillance in an area south of me bane while conducting surveillance multiple shots were fired in the teams direction. No one was injured. Three suspects have been detained. However, the investigation is ongoing Raleigh police have three suspects in custody this afternoon after a shooting that left one person with non-life threatening injuries. The shooting happened on Ralph drive then came a police chase that started at highway four forty and pool road. It ended in a crash at Lassiter mill road in Camelot drive two of the three. Three suspects were arrested on the spot. A third suspect tried to escape police caught him before he got too far Wilson county deputies say a woman killed in a murder. Suicide was a local teacher deputy say Anthony Eastman, killed his wife. Pamela Eamon Tuesday night before killing himself. Pamela was a teacher at Ralph Feick high school the school released a statement saying MRs Pamela Eamon was a wonderful teacher, and we'll be missed. They offered counseling to students who need it and garner. Police are in need of the public's help your help in tracking down a porch pirate. That department tweeted a couple of pictures of the man, they believed responsible for stealing packages off porches. If you have any information contact the garner police department. Stay connected. Follow us on social media. Go to one zero six one of 'em talk dot.
"hamrick" Discussed on 106.1 FM WTKK
"Mike Hamrick with twenty nineteen barely underway. It's already been a very violent year for Durham there have been six homicides so far in the new year. Four of which were domestic cases now city and county officials are working to curb the issue, and we'll meet today to discuss the increase in violence. They plan to specifically target gun violence. There are now three men facing charges in connection to child trafficking in Raleigh. Earlier this month. Two men were arrested after a fourteen year old girl was held against her will and forced to work as a prostitute on Tuesday, Thirty-three-year-old tabby and Crawford was charged with statutory rape of a child. The other two men were charged with human trafficking of a child. The gastonia fire department is investigating a blaze that broke out early yesterday morning. When three children were home alone. They were able to escape safely to a neighbor's house after the smoke alarm sounded investigators believe the fire. Started from food left cooking in the kitchen family relatives says that the kids are used to staying home overnight while their mother works. They discovery of human remains is being investigated in Polk County sheriff Tim rights as a human skull and other bones were found on Howard gap road in saluda this week. Investigators are checking on missing person reports with other agencies in the region to see if they can find a connection and deputies in Hartford county are investigating after a body was found it was discovered yesterday by landscapers working in a wooded area in Cameron, deputies doesn't give any information about the body or how the person died. They did say they're confident that incident was isolated and no one else has endanger, stay connected and follow us on social media. Go to one zero six one FM talk dot com to connect. The weekend.
"hamrick" Discussed on 106.1 FM WTKK
"I Mike Hamrick. The hearing into fraud allegations into North Carolina's unresolved ninth congressional district race is being postponed. The investigation will continue. In the meantime, as the next legislative session soon begins with no knife district. Representative Republican Mark Harris plans to file a petition to have the results certified amend the investigation, the state's board of elections dissolved last Friday and a new one is not scheduled to take over until the end of this month. A new police report about the deadly lion attack in Caswell county has been released on Sunday. Twenty two year old Alexandra black was attacked and killed by a lion. At the conservatives center. The police report says they hit the lion with three tranquilizer darts, but had to shoot the lion. After it started to go back to Black's body. It took eight shotgun rounds to kill the lion. Durham's chief of police. This is a dressing the deadly New Year's day shootings. Three people were killed on Tuesday. But chief Davis says the shootings were isolated and not random. He says one of the shootings was domestic the other shooting that left two men dead on house avenue was targeted. The circumstances around the house avenue shooting are still being investigated. The man killed in an officer involved shooting in Davidson county is identified as twenty six year old Dylan Smith the scene unfolded Tuesday morning near battle lake road in North Carolina forty nine deputies confronted Smith in the roadway in an altercation broke out police say he tried to choke a deputy and take the deputy's gun before he was shot and killed stay connected. Follow us on social media. Go to one zero six one FM talk dot com to connect. There are some flood alerts starting to pop up to our south west looks like a wet start here to twenty nineteen with rain coming inbound into rain for tomorrow already the clouds in place here in the triangle fifty-five this afternoon forty-seven tonight inch.
"hamrick" Discussed on 106.1 FM WTKK
"Radio station. I Mike Hamrick. Two teenagers Carter Wilson nineteen of highpoint and Lethem Mitchell. Eighteen of highpoint were shot and killed the day after Christmas and high point police there were called to a home on Braddock road about twelve thirty Wednesday morning after a call from someone at the home saying shooting happened there involving two people officers found two men with gunshot wounds in the backyard. They checked Wilson I he was dead. The second victim Mitchell was taking the most who's going hospital in Greensboro. He wants pronounced dead by medical personnel before arriving at the hospital. Investigators at Durham are still trying to determine the cause of a Christmas Eve fire a hormone spring creek drive was destroyed by the fire. But fortunately, the family was out of town. So there were no injuries. However, someone stole five dogs from the yard and looted the house and the community as a whole is now concerned because a neighbor's home that was damaged by the heat from the fire was also looted one person is dead in the double shooting in huntersville emergency officials. Found the victim an apartment on Brighton. Pass lane of ham bright road yesterday. A second person was also injured in the shooting. Huntersville police say two suspects drove away in a newer model, silver, Honda Civic, and the Mecklenburg county state Representative is asking the new sheriff to go back on his decision to end that agreement with ice sheriff Jerry McFadden announced earlier this month, the county was ending the agreement because either roads trust with the community Republican Scott stone says it sends the message that Charlotte could be a safe haven for criminals. Sheriff McFadden has reportedly told stone that he's still moving forward with his decision. Stay connected followers on social media. Go to one zero six one FM talk dot com to connect..
"hamrick" Discussed on 106.1 FM WTKK
"Station. I'm Mike Hamrick. Police in Johnston county are looking for a Mondo Martinez who they say shot four people shooting happened last night at a home on woods, crossroads road and left three people dead. The fourth victim was taken the wake med. But the condition is unknown Martinez is believed to have lived in the home of the four other people in Rockingham county. An unidentified man was killed in an industrial accident on east meadow road just outside of Eden. The man's body was discovered yesterday afternoon around three o'clock, the worker it seems was using heavy equipment and hand power tools to tear down steel and other metals it appeared that a circular cutter kicked back killing the worker. President Trump's chief of staff John Kelly may soon exit the White House after reportedly clashing with the first lady White House. Correspondent Haley Jackson says there's some other problems that Kelly had as well. So we can share some previously. Unreported details about his clashes with first lady, Melania Trump. There. There are also conflicts that Kelly has had with the deputy national security adviser mirror Ricardel that have become now an issue. She works for in Basseterre John Bolton. There was a blow up last month between John Kelly ambassador Bolton in the west wing of the White House the tensions between these two men have been flaring, the issues with Milania, Trump stemmed with travel and staffing issues, essentially as efforts continue to put out the massive wildfires in California, environmentalist or worried about the vast quantities of water and foam sprayed on those fires elisa's Z has more on that Dr Eden. Wells, the chief medical executive with the Michigan department of health and human services says our environment contains everything we put into it. And can ultimately impact what we breathe drink and eat wariness of what's in our environment. And then how we clean ad is always going to be the next question in California. We'll be facing that in a great way. Elisa's Z reporting. Stay connected. Follow.
"hamrick" Discussed on 106.1 FM WTKK
"Heart radio station. I Mike Hamrick in Kerry police are now confident they've identified the person responsible for distributing anti semitic flyers in the community. The flyers referenced the hate site. The daily Stormer and included pictures of to Nazi swastikas. Police were unable to confirm the exact addresses where the flyers were distributed. However, they are working on a plan. They say to meet up with the individual. They believe is responsible. Some are calling a picture of the North Carolina Republican party vice president posted to Instagram racist the picture Michelle Knicks posted shows a Republican hand democratic hand with the words vote for jobs. Not mobs the Republican hand is pale and giving the okay sign while the democratic hand is darker, and and a fist similar to the black power sign. Mic said the post wasn't about race at all. But she went ahead and deleted it. Anyway, Jason Wayne accused. Threatening a black GOP campaign worker in Charlotte is under arrest. Police say Wayne showed up early to a polling place on south Tryon street, and harass the worker he's accused of using racial slurs and threatening the polling place worker. The victim told the Raleigh news and observer, his political party was not the issue is race was a Lexington man is accused of impersonating a police officer William Stanley is accused of using blue lights in an air horn to pull over another vehicle. Police also say drive the ram the victims cars Stanley was found hiding in his attic when police came to arrest him. He was booked on several charges, including attempted assault with a deadly weapon and impersonating an officer. Stay connected. Follow us on social media. Go to one oh, six one FM talk dot com to connect. Boy,.
"hamrick" Discussed on KTAR 92.3FM
"Here's Mark Hamrick. Senior industry analyst at bankrate dot com. Mark what's that number mean? It means that there's nothing to see here and move along. Meaning that that number is being widely disregarded as being an accurate portrayal the job market largely because of hurricane Florence. So we believe the trend remains in place 'cause we're adding about a two hundred thousand jobs a month in this country for eighteen straight months, Gordon. The nation's unemployment rate has been below four and a half percent four years ago. The Federal Reserve projected in the sense adjusted about projected back then that four and a half percent. It was essentially full employment in our country and been below that level for eighteen months. So the economy continues to grow at a robust rate the job market continuing to chime in as well. And so this is a good time for workers. Employers are having some strains from the standpoint of trying to find well-qualified workers. But you know, that's a good issue for workers to have what about wages now is the market starting to push those wages up on the continuous basis. Not to the degree that we would have expected by this point. And so in this report a bit of a disappointment from the hoping to get more pay standpoint average, hourly earnings up below three percent two point eight percent actually a bit of a backtracking there. And so what the unemployment rate now at a level that was last seen in nineteen sixty nine. What were you doing? When the Beatles were still together. You know, we would have thought the wage growth would have been more substantial at this point. And it's not the case, we'll speak with Mark Hamrick senior economic analyst at bankrate dot com. Talked about the September jobs report does the wage issue remain a mystery are we just kind of waiting patiently for things to show real progress. Because I really don't understand why why the wages aren't going up. They are in some cases, obviously. Well for one that's an average. Right. So that's the old year. Results may vary routine. And we think about how without getting into politics. I we have a political divide in this country that at least to a modest degree as a full informed by different individuals economic experience. So you think about where economies have not participated in the economic expansion. Many small towns across America or some of the more remote areas such an apple HR and nothing's probably going to frankly change that much in the near term. And so that does inform and individuals view of what's happening. But my point about that is I said as we speak in Washington DC, and you said in a good place as well. Whether when it comes to looking for jobs, there are others across the country less. So and obviously it also depends on what sector you're working in. So to the broader picture though. Yes, it's disappointing. I think there are a number of ways that employers substitutes. For labor, whether it's with technology or move the jobs. Elsewhere either across the country or around the world. And perhaps none of that changes. Frankly, another question is probably impossible to answer. What it has to be asked by people like me nine years into this economic expansion. What's left? I think the best bet right now is it's got at least another two years to go. The you know, the question really ends up being to some degree, you know, for the past two quarters. We've had I would say substantially better growth than expected. Does that bring the end of the expansion closer? Or does it extend it another words does it mean that the economy can continue to crank out a good output for another two plus years, or does it mean that we're overheating at some point you just can't improve any further, and that's an answer that only comes after the fact, but I think for most of us, I think the most important answer to that important question is for now it looks positive the impacts of the tax cut begin to fade and twenty twenty. I think probably twenty twenty as a day to watch on that happens to coincide ironically or perhaps now. With the next presidential election. Nice. Mark Mark Hamrick. Senior industry analyst at bankrate dot com. This.
"hamrick" Discussed on WTVN
"Where we find Mark Hamrick senior analyst at bankrate dot com. Eight thirty September jobs report is out. There's always good and bad. But as far as workers go there's plenty of jobs and very low unemployment rate, Mark. Yeah. Good for workers. Always good to be with you. Thanks for having me. This report this morning. Probably a firm what we largely already know. And that is the job market is wrong. Now, there is a slight risk that we could have a bit of a downside surprise with the report that's not because of something that's sort of literally happening in the job market. But rather impacts of hurricanes warrants when it came time to gather the data. So while our prayers and thoughts that continue to go out to all those who were affected by mental is the impact we don't believe that obviously the job Marcus load significantly last month. But rather if it shows up on the report that way, we look to recapture that of the following month. So bottom line is job markets draw. Yeah. So year and a half under four and a half percent, which is pretty good territory to go. You saw interest rates jump up yesterday. Stock market reacted. Is there is there? Any hint in your mind that inflation could get going and maybe get away from us. Very good question. First of all, you know, for people that may not watch all this stuff on a daily basis what we're really talking about. Here is the interest rates are set by the bond market, and what we've really seen there is I would say more of a return to normal like about the fact that the Federal Reserve also set some benchmark interest rates about to take an interest rates down to record low levels after the financial crisis, great recession. So there is a price to be paid for strong economy, and and that is higher interest rates. So, you know, here a Bank rate we've been talking about the risk of rising rates probably for as long as I can remember, which is probably five years. And and this is this is now happening. The question really is at best is whether it happens sort of dramatically on a day to day basis, and that sort of has been happening recently, which is what sort of knocked the stock investors for a loop. Yeah. And I'm wondering too with Amazon saying we're going to put the bottom at fifteen bucks expecting. Maybe other people will follow is that do you think going to have a positive negative or no effect on the job market and employment? I don't think it's first of all has any real impact on the broader economy because of years are paying what they have to pay. I think this was more of a PR slash political move on Amazon's part in. I mean, it was a good one from the standpoint of its hammered very off before let's say the perception of the way, it's workers fair. But you know, we we have to see summarized wages. Probably this report this morning won't necessarily change that narrative, and we think as long as they unemployment rate remains as what was it is probably goes lower early next year. We will see further improvement in wages, which for everyone who works as a welcome thing. Absolutely spot on Mark always appreciate the time in the conversation. Mark Hamrick senior analyst bankrate dot com..
"hamrick" Discussed on 106.1 FM WTKK
"Radio station. I'm Mike Hamrick. As crews continue to search for a seventy year old man who fell into like Townsend, they got some help from cadaver search dog. Matt cook reports a Greensboro fire department says their cadaver dog got hit this morning in the middle of lake Townsend crews, then moved a second cadaver dog and dive teams to that spot to confirm the first dogs instinct rescue crews found the man's boat pet dog and some articles of clothing, but not him. The search was paused overnight, but rescue crews returned to the lake this morning the day after the man reportedly fell from his boat while fishing. I'm Matt cook a star mount highschool volunteer coach stands charged with sex offenses involving student. Russell O'Donnell of Jones. Ville was charged with five counts of statutory rape of a child fifteen years or younger one count of sexual activity with the student and one count of crimes against nature O'Donnell was arrested Monday and taken to the Atkins county. Jail. His bond was set at five hundred thousand dollars the search for missing hiker in the great smoky mountains national park is over park. Officials say the body of Mitzi. Sue Clements was found Tuesday afternoon a couple of miles from cling dome parking area. There's no official word on how she died Clemens went missing more than a week ago while hiking with her daughter near Cleveland's dome and the hope mills middle school girl is breaking through a glass ceiling at her school grays middle school football team. Just finished tryouts. An eighth grader Julie Napoli made the cut. She's the first girl ever to make the football team. The coach says she earned it and could play receiver our safety. Stay connected. Follow us on social media. Go to one oh, six one FM talk dot com to connect. Knocking on the door of some record. High temperatures here in the Carolinas for mid week high pressure overhead and kind of suppressing storm coverage next couple of days upper eighties this afternoon. Our record high today ninety one thousand and to look tonight, sixty seven I'm Scott Lawrimore at the Weather Channel and one six one FM talk if you like steak, I mean, really really lock steak, you probably dress up sit through long, waits and end up paying outrageous prices. What if I told you there's a new.
"hamrick" Discussed on 106.1 FM WTKK
"Mike Hamrick and gastonia. The search continues for six year old Maddix rich who went missing from rank lake park on Saturday Maddox is autistic and non verbal the search area has been widened. Now by two miles is search teams use dogs all-terrain vehicles and a drone to comb the area where he was last seen the international civil rights center and museum in Greensboro is in the running for part of a two million dollar grant. The civil rights museum is among twenty historic sites around the nation that are competing for grant FRANZ. The money comes from an initiative from the national trust for historic preservation and American Express winners will be announced on the twenty ninth of October. President Trump will address world leaders at the UN general assembly in New York today. Scott Pringle has a preview. Trump is expected to talk about tariffs and other global trade policies will last year UN meetings. He was blunt about North Korea saying he could totally destroy the country. If it kept threatening the US and its allies today. Today. He's expected to have nice things to say about North Korea as talks of denuclearization continue. Meanwhile, Trump may be harsh talking about Iran and defend his decision to pull out of the Iran nuclear deal. Arabian, president Hassan Ruhani is accusing the US of rejecting diplomacy and resorting to sanctions and threats. Speaking through a translator Ruhani said Iran will retaliate if the US attacks its oil industry, if the United States wishes to use force in order to sanction the petroleum industry. Avi, Ron it will certainly see the appropriate response today. Bill Cosby will find out how much time if any he will have to serve for drugging and sexually assaulting former temple university athletic staffer, Andrea Constand at his home in two thousand and four legal analyst Daniel Silverados because Bill Cosby has no criminal history to speak of his sentencing guidelines place him in the twenty to thirty six month range. Stay connected followers on social media. Go to one oh, six one FM talk. Dot com to connect..
"hamrick" Discussed on 106.1 FM WTKK
"Radio station. I'm Mike Hamrick. Thousands of residents across Wilmington and Hanover county are still without power due to hurricane Florence in the aftermath county Commissioner Woody whites energies outage map says approximately eighty one thousand power outages. Still in our county. That's quite an improvement. That are a long ways to go with Wilmington cut off from the rest of the state by still rising. Floodwaters officials plan to airlift food and water to the city of nearly one hundred twenty thousand people millions of people remain under a flash watcher warning up and down the Carolina coast. Coastguard officials warned that severe flooding continue to spill into neighborhoods as high tide approach. There's some neighborhoods that are still rising inside. And when it's high changes afternoon or seeing the water levels rise higher than they did yesterday. Sadly, rescue crews found the body of a one year old who was swept away by rushing floodwaters. In Union County. Governor Cooper updates. The death toll North Carolina has seventeen confirmed deaths due to this storm. The governor admits there is more to come from Florence while trying to reassure folks as well the next few days will be long ones as the flooding continues. Our -mergency management experts and thousands of rescue and recovery personnel are on the job. This is what we've paired for rain from Florence is having a major impact in the triad reminder that not only is it dangerous. It's also illegal to drive around or move barricades on closed roads police highway patrol and sheriff's deputies. We'll be watching those areas closely over the next few days if a road is marked as closed or it's flooded. Don't try to navigate it for the latest on flooded and closed roads. Go to drive in seat dot gov for the latest conditions in your area. Stay connected. Follow us on social media. Go to one oh, six one FM talk dot com to connect..
"hamrick" Discussed on 106.1 FM WTKK
"I Mike Hamrick. Hurricane florence. The national weather service says it will likely be the storm of a lifetime for portions of the Carolina coast the path of Florence now shows the storm shifting toward the southern North Carolina coast and the northern half of the South Carolina coast meteorologist Bill carrots, huge impacts for areas like Norfolk Virginia beach Richmond Raleigh, Greensboro, areas to the north of that in the central Virginia. Your forecast improved dramatically overnight because of this stall in hook and possible bend down towards South Carolina. Now, that's better for them but much worse forecast when you woke up this morning for Myrtle Beach, Georgetown to Charleston to Florence the Dylan even Lumberton Fayetteville. You're still going to get nailed from this. You're not going to avoid state emergency services director continues to warn residents not to take Florence lately. Oh, please. Please. Please say take this thing. Because it's a very dangerous situation before the expected arrival of Florence college athletic departments are examining and altering their schedule. Mike Bauer reports yesterday six football subdivision games have been rescheduled or cancelled due hurricane Florence West Virginia, North Carolina State, North Carolina, and UCF and Virginia Tech and east. Carolina have all been canceled Campbell versus coastal Carolina has been moved up to today Norfolk state versus liberty has been postponed to December first and Ohio versus Virginia has actually moved out of the state. They're going to play in Nashville at Vanderbilt stadium. Mike Bauer reporting next news in thirty minutes. They connected with hurricane. Florence updates at any time with six one FM talk dot com. Are worse weather here in the triangle likely Friday and Saturday from hurricane Florence dangerous. Hurricane headed for the coast North Carolina late this week. It looks like the highest wind speeds will be close to tropical storm force here in the triangle, Friday and Saturday and the heaviest rain likely on Saturday here, we'll see inches of rain pile up in a short amount of time..
"hamrick" Discussed on News 96.5 WDBO
"I would say is that as soon as we see the recession warning signs of the stock market will start to really factor that in that's when the market tends to start failing and obviously if we start seeing a substantial slowing in economic data i would say the first two things to watch for our depressed business confidence depressed consumer confidence and obviously we don't want to have a financial crisis that can bring all those things come crashing rather rapidly talking to mark hamrick bankratecom senior economic ally analysis analysts there you know it's funny when i when i hear the you know when you talk about inflation he talked about raising rates i i was trying to tell people look you know the fed we when you when you they decide this it's not all scientific there is some there's some art to to win and they do this it's about massaging the rates in a lot of ways and i think a lot of people think just look straight is strictly at data but there is some gut in some of this stuff oh that's very well said i wish that everybody in our profession understood that that and that's why you know i think it's fair that people have attended to describe economics is the dismal science there's a lot of human behavior that feeds into it i do think that you know typically the federal reserve officials are sometimes under appreciated because everybody finds a conspiracy around the corner these days that was true janet yellen i did a very respectable job she seems to need to do have been replaced because he was nominated by president obama and president trump wanted to put his own person in there and so far i think jerome powell has done a respectable job but it's early in the process and history will make all those judgments but to your point right now you're right i you know the fed is trying to basically judge all this as it happens and that's one thing i do caution people right now the expectation is that basically the fed will be raising rates three times this year but they really do go into those meetings essentially ready to form consensus the time.
"hamrick" Discussed on KKOB 770 AM
"And i and i'll tell you why i think it is i think there's too many people in the gop pushing against it i i i happen to believe that although the democrats are a problem for president trump and his agenda moving forward in but i think the real problem is the the quote climb using this term loosely double agents in the gop the people that are democrats one month and then there republicans next month depending on their poll numbers that's who he has to worry about 'cause i think president trump every time he feels like the wind is at his back with a particular policy someone throws him occur ball and its use officially from within the gop then this is our glamour's anchored for hamrick her through a curveball in reichert executive order you watch westerplatte well it i think that's a good point norman and i appreciate you calling i really do believe president trump is trying to work his especially with the gop the people that i've spoken to many off the record say that he is really trying to to build coalitions and and make this work if you look at the amount of meetings the guys had i mean and he's he's he wants to change the dynamic a certain industry so he brings a bunch of industry leaders in any said what what is the government doing wrong here what is the government doing right here how do we fix this how do we fix that so many different things that he is moving forward on n n people don't recognize this like i think he's made great strides with the va the fact that terminating people in the b a is is lemieux's another term and talking about firing firing employees va employees that are not cutting it or not making the grade is a reform the va hits much easier than it was that was a problem lem under president obama because the bureaucracy is so thick so i would love to see that i think it's a great idea i don't know why that didn't happen long ago but again i'm not behind the scenes but i i would love to see and to me that's an executive order that it to me that's not a power our grabs some executive orders or powergrabs like were he can't do that he's not king but how is.