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Trade talks will continue for the rest of this month to set up for that conversation. so the market steps back and looks at this and says this is a positive sign. were talking here. were moving forward. theres no brick wall. that is why you can see stocks rising today. on to the economic news. we got adp figures out this morning. thats private sector payroll. up 195,000. higher than the expected figure there. what it says basically is that businesses are more confident even though theres talks o...

Them, thats going to help their business grow. what does that mean? that means theyre going to add workers, add jobs. >> maybe. >> that means -- well, i believe it will. >> i know. im not saying you dont believe it. but theyre maybes, senator. theyre maybes. >> okay. ic concede that. as you add wages, job also go up. people, workers will become more productive. the real problem with wages, chris, has been that we ought to be -- our productivity are growth ought to be about 2%. for the past eight...

Before. its about a hundred million in new regulatory costs coming from everywhere. theres a weapon of assault on franchises, business models, the epa an extremely aggressive program, so businesses and the affordable care act, poster child for -- businesses take a look at this. they have no particular room to add workers. they dont look at the future with a lot of confidence, and what theyre waiting for is some clear signal that youre going to have a different set of policies that provide them t...

Volunteers. >> good job there. >> yes. our heroes. now a lot of people have been waiting for this -- ishs the economy added 288,000 jobs in june. >> yeah, but thats not all. employers added 1.4 million jobs in the first six months of the year. thats the strongest six months of job growth in eight years. cnn chief business correspondent christine romans breaks down the numbers for us. christine, good morning. >> alison and victor, look within the numbers. by now youve seen the headline. 288,000...

Is i would like to make it easier for companies to add workers. what if we had a duty free zone for new employment. if you go from 1000 employees to 1,050 you can take on 50 freelanceers. it means the work is responsible for his own payroll taxes and the employer is not subject to the regulations plus payroll taxes plus obamacare and lawsuits if they dont do it right. they can do anything they want. after about two years i give them a deadline and they have to make honest employees out of the ne...

Welcome back, everybody. the labor department released new monthly unemployment numbers yesterday and the jobless rate is down to 6.6%. a five-year low, but experts, some do, say this number is misleading because thousands of people have been leaving the workforce each month reducing the number of people the government counts as unemployed. so what does this really say about the state of the economy? joining us now to weigh in on this is john tammany of re realclaremarkets.com. >> great to be he...

Upward and the previous month, too. so over the last year two million job add. thats not a -- a slow-moving recovery, truly, but its a recovery. >> shepard: are you starting to feel it? recoveries are things that sometimes you feel in your own community. new york is not representative of the rest of the nation, i know. theres a lot of movement in our industries. my family is in mississippi. its booming. there are more jobs. everything feels better. >> the housing mark is showing that. so almost ...

Out how i can do so. here is clearing lumber. he may not get a tax deduction. you do it because you want to. all of you who helped charities, shout out to you as well. >> john: got a hankering for trees, i got one for him to look at. >> small businesses did add workers in march. the fastest pace of year but dont expect that to continue. that is the word from the national federation of independent business in the latest survey which say firms have cut back plans to hire over the next few months. ...

Activity. one guy can make it better or cheeper. that increases activity . the other people compete and hire more people and create more jobs to do it better. every time you are doing it better you are creating economic activity and that is best for everyone. >> is that best for workers or business. >> it is great to be productive but a boss can only squeeze so much out of you and at some point companies will have to add workers. productivity increase is a leading indicator of additional creatio...

The right direction. >> when it comes to the payroll tax holiday extension and expansion, i had a democratic congressman on, western pennsylvania, one of those types of democrats that you need to have the support of to get these, it seemed that he believed there was enough money there that you could pay for the extension but paying for the expansion may be tough. would the administration simply accept the extension and put off the expansion? >> you know, the president made a proposal to cut the ...