Page 39 - 5 2 News Today

Economists were expecting. now, the unemployment rate dropped to 5.2%. president biden said the delta variant and unvaccinated americans hurt the economy. >> todays report shows that the steps weve taken passing the rescue plan and vaccinating 175 million people make our economy capable of growing and adding jobs even in the face of this continuing delta surge. the strength in our economy very different from the ways things were last winter. theres no question the delta variant is why todays job...

And julia coronado, former economist at the federal reserve. good morning to you both. we are 30 minutes from president biden making remarks on the economy. mon, these numbers are not what economists thought wed be seeing. what are you hearing from the white house pokes behind the scenes? >> reporter: theyre trying to highlight some of the good signals of hope in this jobs report, for instance the fact that the unemployment rate fell to 5.2%, which is the lowest it has been since march of 2020, ...

Down to louisiana and i had a few things i had to do. look, as we head into labor day weekend, we have more evidence of the progress of our economy from last years economical amity. today we learned the economy created 235,000 new jobs in august. and the unemployment rate fell to 5.2%. the lowest it has been in 18 months. but despite the impact of the delta variant, and ill talk more about that in a minute, what were seeing is an economic recovery that is durable and strong. the biden plan is wo...

Being with us. >> -- down to louisiana and a few things i had to do. look, as we head into labor day weekend, we have more evidence of the progress of our economy from last years economic calamity. the economy created 285,000 jobs in august and unemployment fell to 5.2%, the lowest in 18 months. despite the impact of the delta variant and ill talk a little more about that in a minute were seeing an economic recovery thats durable and strong. the biden plan is working. were getting results. ameri...

Us presidentjoe biden has defended his record on the economy after the rate ofjob growth slowed down. fewerjobs were created in the us economy in august than at any time in the last seven months, but the president insists that the us economy is growing consistently. today we learned the economy created 235,000 newjobs in august and the unemployment rate fell to 5.2%, the lowest it has been in 18 months. but despite the impact of the delta variant, and ill talk a little more about that in a minut...

Understatement. this is, you know, first time ever we have had a flash-flood emergency declared. >> reporter: across the northeast, the death toll continues to rise. among the victims, a 2-year-old. >> this has been a biblical storm by -- by every means. >> reporter: in queens, the new york police department commissioner says at least eight people died in the basements of homes inundated with water. >> the roads everywhere i saw coming out of the airport and beyond flooded. dozens and dozens and...

Rate at 5.2%. that is lower than the 720,000 jobs we expected. it follows several months of gains and now we have clarity on the delta variant impact as we try to get back to normal. what we are in is that i dont know economy. the labor return to work and school and inflation hurting the recovery. where we go from here is a question mark. wage growth is up in a big way. the question is why arent people going back to work? i have the panel here to break it down. monica alba and jason fehrman and ...

We have over 1 million now with the adjustment. >> forget the forecast. its a bad number. >> when you look at the number, i look at the positive side of the number. 235,000 jobs. most in the private sector. unemployment rate fell to 5.2%. the last three months, 750,000 job. we have work to do. when i look at the numbers, i look at the number of hospitality. the numbers were the highest in the last three months. this month, we had almost zero gain there. you correlate that with the delta variant ...

Hiring here. lets look at how many jobs have been added back since the beginning of the year. you can see this is the weakest since january, and a big, big slow down from the summer. we had june and july, big hiring there in june and july, and then the brakes went on there overall here. how does it make us look for the pandemic? you can see we are in the pandemic, add another 235, that doesnt add much. you are still down more than 5 million jobs since the pandemic began. the jobless rate here, 5...

Delta, were still seeing solid job creation and decline in the unemployment rate down to 5.2%. we have to continue to press on our public health agenda. they break the supply chain constraints. it is around housing where we see very steep increases not just our own home prices but in rentals. they put out a plan, and this is in the reconciliation plan that will increase the number of housing using that we know by over two until. that is districtly responsive. >> is it? and just because the housi...