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"heller mgm resorts" Discussed on KOMO
"Are Taylor and size of the editor's desk on Tom Heller MGM resorts international says a legal settlement with victims of the deadliest mass shooting in modern US history as a major step chairman CEO Jim Murren said today the casino giants goal has been to resolve the lawsuits it faced over the twenty seventeen Los Vegas massacre victims and their families can move forward in the healing process a gunman opened fire for one of MGM's hotels into a concert venue it owns killing fifty eight people and injuring hundreds just over two years ago the U. S. government started to turn over the care of migrant children to private industry in June the Florida based government contractor comprehensive health services held more than twenty percent of all migrant children in government custody even as the number of children has declined to companies government funding for the children's care has continued to flow comedies time down at ten sixteen and the latest jobs report comes out tomorrow and with a look at what we might expect I'm joined by Bankrate dot com senior economic analyst mark hammer great to have you with us as always mark the bank and great to be with you this appears to be a pivotal report mark with regard to whether were full speed ahead or if instead the economic expansion of the last long ten plus years might be in some trouble well definitely not full speed ahead at this point although the job market has been performing probably as remarkably well as any aspect of the US economy and so this report we get in the morning is critically important crap says important as one we've had in quite some time the the what's happening with this week for example is we've gotten a couple of rather down be reports one pointing to contraction in the nation's manufacturing sector and that yet another one today from the nation's about purchasing managers indicating that service sector strength is not as robust as well we'd see before an additional worry some there was that the employment component of that report other words pointing to hiring was on the precipice out but turning into a downturn so these are interesting times in which we live we know the global economy. is troubled we know that the US has generated a trouble of its own between the the US China a tear of some trade war and so the the other the employers are caught between a rock and a hard place in many ways because on the one hand other confidence has been undermined in some cases by the trade issue but the global economy isn't helping either and so even if demand remains fairly robust here in the United States consumers continuing to spend business leaders may be wondering what's around the corner what about this report would give us cause for concern other than the the things you just mentioned well of you know we think that we need about ninety thousand jobs a month just to keep pace with the job market in other words to March in place and last month we had a hundred thirty thousand jobs at an about more than twenty thousand of those were a relatively temporary census jobs and will probably get another dose of that and this report as we gear up for the twenty twenty cents us so if you think about just needing ninety thousand jobs to to maintain neutral status we get anything below that that's a worrisome sign that that's not the expectation obviously forget anything substantially above that then that tells us that we're sort of quote unquote okay earlier this week ADP the payroll processing company indicated that the level of job creation last month was essentially on par with what the labor department had indicated in the previous month so that suggests that hiring isn't falling out of bed and indeed we haven't seen a high number of for example new claims for unemployment benefits that would be one area you do you continue to watch to see whether people are heading to the unemployment line finally mark what about wage growth well I would say that that has been the single most stubborn part of this eleven year old economic expansion and you're over year how games there of three point two percent don't sort of ring the bell of three and a half to four percent that we would have expected with a robust expansion I think we probably have seen the peak there as well and the good news for perhaps all workers at this point is that in for. and is relatively muted but we know that there are some areas that are sort of out liars there with respect to for example healthcare expenses and education we'll see what happens tomorrow mark as always we thank you for being with us mark Hamrick senior economic analyst at Bankrate dot com. ten twenty now assisting with the theme of money.
September jobs report expectations: What to look for
"Heller MGM resorts international says a legal settlement with victims of the deadliest mass shooting in modern US history as a major step chairman CEO Jim Murren said today the casino giants goal has been to resolve the lawsuits it faced over the twenty seventeen Los Vegas massacre victims and their families can move forward in the healing process a gunman opened fire for one of MGM's hotels into a concert venue it owns killing fifty eight people and injuring hundreds just over two