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Given developments in food and energy prices. the median production is 5.2% this year and falls to 2.6 next year. participants continue to see risks to inflation. the feds monetary policy actions are guided by our mandate to promote maximum employment and stable prices for american people. my colleagues and i are acutely aware that high inflation imposes significant hardships, especially on those least able to meet the higher cost of essentials like food, housing and transportation. we are highl...

Rare. companies are still struggling to find workers. but unemployment claims have started to creep higher, and normally that could be a cause for concern, but you know, were not in normal times. this is a weird place for the economy. inflation is so high that the jobs market probably needs to slow down. i mean, it would be like if the three of us were on a run, on a hot day, and say were cruising along, going really fast, but its really hot out. it might not be the worst thing for all of us to ...

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About a forthcoming recession, which most economists say there is only a 30% chance that we will actually find ourselves in a recession, its the job reports that you mentioned, the u.s. either 300,000 jobs in may. its an average only rose by 5.2%, with a key on recession allisons. labor force proves to dissipation ticked up. these are criticisms of the lay market is coming back online. i understand we still have unemployment vacancies, and i do know that wages are still, now, behind cost of livi...

Just in, the may jobs report just released, cnn chief business correspondent christine romans here, what does it say? >> it says 390,000 jobs added back into the economy in the month of may. for the year, more than 2.4 million jobs added back. there were some slight revisions that didnt really change the overall number very much. but 390,000, this would be a blockbuster report but were seeing some cooling. this is the lightest job creation since last april, but still stronger than many on wall s...

Years. average salaries increased by by .3%. meaning that at the same time last year, versus now, youre now likely earning about 5.2% more. the labor force participation rate which is being viewed by a lot of economists as being an indicator of whether the overall job market is getting better. well that ticked slightly higher to 62.3%. that is the number of people who are actually out there in the work force right now, compare that to the pre-covid participation rate among americans in the work ...

And accusing republicans not wanting to pass new reforms despite a bipartisan group working in the senate now to deliver a framework. >> bill: thank you, jacqui. i dont know if its going right or left. it was going. jacqui heinrich. >> lets bring in maria bartiromo. whats in the report? >> great to see you both. this report shows solid job growth. however, it over states the strength of the economy because it does not tell us enough about the consumer. that is where we are. i would say this jobs...

Growth? >> first, nothing about todays report supports that idea of an imminent recession. that was what was gripping financial markets earlier. that was just last month people were worried about a recession. no sign of that. jobs numbers looked strong. were seeing broad based hiring. professional services, transportation and construction, all of them adding jobs. retail loss jobs which we should keep an eye on. the unemployment rate remains at a covid low of 3.6%. thats down from almost 15% in ...

It would be not so good. the president wrote in an op-ed in the "wall street journal" quote this will be cause for concern, rather the average monthly job creations shifts from current levels of 500 something to closer to 150,000 a sign will be moving into the next phase of recovery. economists expected the lowest growth in 13 months. the jobs report came in at 390,000 new jobs, less than the 428,000 added in april but still more than 323,000 that was expected. unemployment rate remained the sai...

Right now that wage growth has been overcome by inflation. >> guys, just to sort of drive that point home even further, wage growth, according to this jobs report was about 5.2% yearly, which you think is a good thing. when you compare that to inflation, which last reading was 8.1%, pretty much anything people are seeing additionally is being eaten by inflation. thats why the fed is saying more than anything, fighting inflation is their top priority. >> rahel solomon, thank you. chief economis...