about balloons in your entire life? now! yeah. i m a big balloon in those, yes i will frequently send people bouquets a balloons, because a leveller, but i do not think i would be talking this much about balloons on primetime television. well your fatten for the top i came across! so i appreciate that. i know more about balloons than i did an hour ago. [laughter] thank you very much. alex see an. expect you to rally. all right, remember when we said that corporations are people? yeah, no! you know who our people? people are people! workers are people! people who need jobs to pay rent, to buy food, to get diapers. and tonight, three years after commit a nosedive, that people are able to find jobs to do all those things again. here s today s blockbuster jobs report for january: 517,000 net new jobs were created. i ve been in the business for a long time. i ve covered the economy. that s a lot of jobs! that s nearly triple the number of drives that economists p
i did an hour ago. [laughter] thank you very much alex, see you next week. you too, ali. all right, remember when we said that corporations are people? yeah, no! you know who our people? people are people! workers are people! people who need jobs to pay rent, to buy food, to get diapers. and tonight, three years after commit a nosedive, that people are able to find jobs to do all those things again. here s today s blockbuster jobs report for january: 517,000 net new jobs were created. i ve been in the business for a long time. i ve covered the economy. that s a lot of jobs! that s nearly triple the number of drives that economists protected and it far outpaces the average monthly job growth through a solid 2022. on top of that, the borough of labor cities is part of the department of labor, they really stated today that show the job growth for nearly every month in the past year was stronger than originally estimated meeting hundreds of thousands more jobs were create
stronger than originally estimated meeting hundreds of thousands more jobs were created in 2022 than we originally thought. the unemployment rate fell to 3. 4%, that s in a historic low. the last time unemployment was this low go all the way to the left of your screen, may of 1969! president biden had this to say following the release of the jobs numbers this morning: we added 12 million 12 million jobs since i took office. that means that we have created more jobs in two years that any president presidential term. here s where we stand. the strongest drop growth in history, lowest unemployment rates in 54 years. manufacturing bounce it at a faster rate than in the last 40 years. inflation coming down. put simply, i would argue the biden economic plan is working. in addition to the unemployment rates being at the
that s a lot of jobs! that s nearly triple the number of drives that economists protected and it far outpaces the average monthly job growth through a solid 2022. on top of that, the borough of labor cities is part of the department of labor, they really stated today that show the job growth for nearly every month in the past year was stronger than originally estimated meeting hundreds of thousands more jobs were created in 2022 than we originally thought. the unemployment rate fell to 3.4%, that s in a historic low. the last time unemployment was this low go all the way to the left of your screen, may of 1969! president biden had this to say following the release of the jobs numbers this morning: we re gonna 12 million, 12 million jobs since i took office. that means that we have created more jobs in two years that any president presidential term. here s where we stand. the strongest drop growth in
but once you get to the tippy top, on your $10 million, sometimes you see tax rates as high as 60 or 70%. it doesn t mean all $10 million are taxed at extremely high rates but it means that as you climb up this letter, you should be contributing more. bret: ocasio-cortez calls her proposal, which is geared toward environmental spending, the green new deal. huge drop growth in december and words of assurance from the fed chairman sent stocks soaring. the s&p 500 gained 84, the nasdaq jumped 275. for the week, that i was up almost one and two-thirds percentage points. the s&p 500 gained almost 2, the nasdaq finished ahead two and a third. let s talk about another wild week on wall street, ending obviously on a very high note. susan lee of the fox business network joins us from new york. good evening, susan. good evening, bret.