Page 35 - 5 2 News Today

$1.64 prepandemic. today, $2.89. >> the reason it is happened, honestly, his demand. we are the problem. >> regarding that meeting tomorrow between the white house and port officials, 180 already floated to ease conditions is to make the ports 24/7. its pretty common overseas. that was tried at the port of long beach and a failed when trucking companies failed to show up. they say, because of too many restrictions. >> bret: thank you. gas prices jumping across the nation as oil prices reach a se...

Expected. 194,000 jobs added in august. thats 5 million jobs less than before the pandemic. americas unemployment rate now 4.8%, down from 5.2% in august. women accounting for a majority of job losses during the pandemic are obtaining the those jobs pack at a lower rate than men. not to mention the pandemic highlighting americas demand for child care among working moms, which is why so many dropped out of the workforce in the first place. to help, the presidents $3.5 trillion spending plan inclu...

Else is worse than army coffee, the news job report that came out. this was the job report by the way, 194 jobs were added. they were supposed to get 500,000 jobs. that was expectation 4.8 unemployment. down from 5.2%. 184,000 workers have left the workforce from last month. so, our president who, you know, he came out, he says this is great news, listen to how he is selling this blah jobs report. >> in total, the job creation in the first eight months of my administration is nearly 5 million jo...

Mid-september when cases were reaching a peak but now we have seen a drop in many covid-19 cases and hospitalizations. the president also was trying point to some bright spots in these numbers. he argued the unemployment rate fell from 5.2% to 4.8%. that may be due to fact thousands of people threat labor force. the president was pointing to a jump in wages as well as over all job growth since he took office amid this pandemic. the president argued that there is steady progress being made even i...

Averaging more than 150,000 per day. since then, we have seen cases fall by more than one-third. >> reporter: highlighting a drop in the unemployment rate. >> for the first time since march of 2020, the employment rate is below 5.2%. >> reporter: the drop could be in part because some people are leaving the work force entirely. as bidens labor secretary struggled to explain why many jobs are going unfilled after the enhanced jobless benefits came to an end. >> the $300 is gone. we did not see th...

In december. hes going plow that chicken truck into the other truck. the biden agenda is a lot more about keeping the government open and funded. theres a long way to go to getting his signature bills passed. for more on the status of the presidents build back better bill, im joined by jared bernstein, a member of the white house council of economic advisers. its good to have you on, jared. lets start with todays jobs numbers which came in far below what i think consensus estimates were. unemplo...

>> reporter: but the drop from 5.2% to 4.8% could be in part because some people are leaving the workforce entirely. as bidens labor secretary struggled to explain why many jobs are going unfilled, even after the enhanced jobless benefits came to an end. >> two months ago, everyone was asking me questions about the $300 keeping people out of work. the $300 is gone. we didnt see the great growth there. >> reporter: the latest figures adding to the white houses headache as they face concerns about...

Is pretty damn good. pete: im warming my hands with this cup. i should give it to you. you are the cold one. pete: its really cold out here. rachel: thank you, pete. will: while that coffee warms rachel up. these job numbers will not warm you up this morning. this is unexpectedly difficult news for the biden administration. 194,000 jobs added. now, why is that disappointing? because 500,000, half a million jobs were expected to be added during this time unemployment 4.8%. down from 5.2%. its als...

Economy runs. other countries make other decisions about keeping workers on furlough, but we go boom bust. it does take a while to get back up. i do think that were strengthening from here. but the other thing that i would cite is technologicalon disruption. a lot of things are being done by software. a lot of things are being done digitally. i think youll see more outsources of white-collar jobs to other countries. and software that could strip out foreign accents from teleworkers have. so thin...

Economists had been predicting and certainly what the white house had been hoping for. now they are dealing with fewer than 200,000 jobs added to the u.s. economy in september. though i do think youll hear the president say what you were just talking about there which is that is when the delta variant was still running rampant throughout the u.s. and officials -- health officials are now hoping that they have kind crossed over that or are at some kind of a turning point in the delta variant. tha...