Welcome to squawk alley. Were at post 9. Lets start with the markets on this jobs day the dow crossing back above 22,000 for the first time in two weeks. U. S. Economy added 156,000 new nonfarm pay roles in august. The Unemployment Rate did tick up slightly. Both july and june numbers were also revised Lower National Economic Council director gary cohen joining us earlier. Listen to what he said were look teg trend overall. Were looking at job growth. Were looking at job creation. And we see a lot of very good momentum in the numbers. The one numbers that went down were government. Weve always said government is going to get smaller the private sector is getting bigger we see job creations in the sectors we want to see job creation in. For more, we are joined by wells fargo Senior Investment strategist as well as our very own Steve Liesman. Steve, is thewhite house right to see very solid job momentum continuing in this month of august yeah. I think so i think its well to put the numbe
Jamie dimon says he is tired of the focus on shortterm results. Hello, and welcome to daybreak asia. I am haidi lun here in sydney. Betty and i am betty liu in new york. We are thankfully not talking too much about north korea. It is all about the iphone. And apple shares and how they are reacting. But i know you have breaking news on south koreas job data. Haidi the unemployment situation in south korea has been a real problem and the Key Campaign Promise of the new president. Augustthese numbers, the adjusted jobs rate at 3. 8 . A little higher than the 3. 7 expected. Still continuing to be an issue. We are watching the data more closely coming out of south korea, given the trials and tribulations with the north. If we take a look at the markets, it was so much and apple story. But also the absence, continued northrom hurricane irma, korea, that pushed markets of higher overnight. Big relief rally yesterday, that may have carried over into todays trade. It lets see where the markets
We ask you all to take your seats if you will. Today we hear from deputy secretary of state John Sullivan on the proposed reforms that he and secretary tillerson are working on for the state department and for the agency for international development. I dont think there are many that question the need to improve the operation of both agencies. A more efficient and effective state department in u. S. A. Id would better promote our National Security and our many other interests around the world. So i have welcomed the administrations undertaking. Secretary state Rex Tillerson has started a process here as those that state will tell you where hes focusing on listening to the diplomats and listening to the employees. Our Foreign Service officers. I think this is very commendable. He has sought feedback from the bottom up. Many employees, he reports, have asked, and i think this speaks volumes, theyve asked for more responsibility and in turn more accountability for their performance. They
We ask you all to take your seats if you will. Today we hear from deputy secretary of state John Sullivan on the proposed reforms that he and secretary tillerson are working on for the state department and for the agency for international development. I dont think there are many that question the need to improve the operation of both agencies. A more efficient and effective state department in u. S. A. Id would better promote our National Security and our many other interests around the world. So i have welcomed the administrations undertaking. Secretary state Rex Tillerson has started a process here as those that state will tell you where hes focusing on listening to the diplomats and listening to the employees. Our Foreign Service officers. I think this is very commendable. He has sought feedback from the bottom up. Many employees, he reports, have asked, and i think this speaks volumes, theyve asked for more responsibility and in turn more accountability for their performance. They
Programming and score opposing opinions. 100,000 will be awarded in cash prizes. The grand prize of 5000 will go to the student or team with the best overall entry. For more information, go to our web site, studentcam. Org. The House Foreign Affairs Committee Questioned deputy secretary of state John Sullivan this week on the departments restructuring forts d a broad range of diplomatic priorities. Other questions focused on Foreign Policy priorities in north korea, iran, and myanmar. This overnight hearing is 2 1 2 hours. This hearing has come to order, ill ask the members all to take their seats if they will. Today we hear from deputy secretary of state John Sullivan on the proposed reforms that he and secretary tillerson are working on for the state department, and for the agency for international development. I dont think there are many that question the need to improve the operation of both agencies. A more efficient and effective state department and usa id would better promote o