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Transcripts For BBCNEWS Verified 20240704

His time for choosing. I wondered if he will choose his time for choosing. I wondered if he will choose her his time for choosing. I wondered if he will choose her as his time for choosing. I wondered if he will choose her as his his time for choosing. I wondered if he will choose her as his vice he will choose her as his Vice President ial candidate. Nikki haley theyre bowing out of the us president ial race this year. The government has warned it Mayjudge Israel to be in breach of International Humanitarian law if it fails to allow more aid into gaza. It comes as the World Food Programme says the israeli army has thwarted its first attempt in two weeks to take food aid to northern gaza. Israel hasnt commented yet. But israeli war cabinet member benny gantz is in london today, where he has met the foreign secretary, lord cameron. Earlier, lord cameron had told parliament there was dreadful suffering in the territory and patience with israel was running thin. And the situation is very

Transcripts For MSNBC The Last Word With Lawrence ODonnell 20240706

now it s time for the last word, with ali velshi in for lawrence. good evening, ali. you set me up well with that conversation about having an economy that s working now, but not without hurdles and pitfalls, and this is not a good time to be messing with it. to be messing with it without insane list of demands that would never come to fruition. correct. and probably can t even passer own conference. correct. so thank you for that. and you have yourself a great weekend, it will see you next week. you too, buddy. our economic plan is working. that s the message from president biden today in, it has been his consistent message about the recovery from the pandemic since his election. today s jobs report showed united states economy added 311,000 net new jobs last month. that is way higher than the predicted 225,000 from dow jones. today s jobs report also gave us an incredibly low unemployment rate. 3.6%. now that s higher than the unemployment rate from last month

Transcripts For MSNBC The Last Word With Lawrence ODonnell 20240706

that would never come to fruition. correct. and probably can t even passer own conference. correct. so thank you for that. and you have yourself a great weekend, it will see you next week. you too, buddy. our economic plan is working. that s the message from president biden today in, it has been his consistent message about the recovery from the pandemic since his election. today s jobs report showed united states economy added 311,000 net new jobs last month. that is way higher than the predicted 225,000 from dow jones. today s jobs report also gave us an incredibly low unemployment rate. 3. 6%. now that s higher than the unemployment rate from last month, which was 3. 4%. but there s actually reason for that. it s a good one. it rose because more people were encouraged to drop into the workforce and look for. a job. 242,000 more americans enter the workforce looking for a job, to be exact. he s president joe biden today. the job is about a lot more than a payche

Transcripts for MSNBC The Last Word With Lawrence ODonnell 20240604 03:03:00

unemployment to rise to 4.6% this year. a lot higher than it is now. but to be clear, that still lower than the 5% threshold that we have historically thought of his full employment. barack obama would have loved a 5% unemployment rate in his reelection campaign after the great recession. but it s a hard trade-off for the millions of actual people who would lose their jobs because we re trying to get inflation under control. senator elizabeth warren pressed jerome powell on that earlier this week. chair powell, if you could speak directly to the 2 million hardworking people who have decent jobs today who you are planning to get fired over the next year, what would you say to them? how would you explain view that they need to lose their jobs? i would explain to people more broadly that inflation is extremely high and it s hurting the working people of this country badly, all of them. not just 2 million of them, but all of them are suffering under

Transcripts for MSNBC The Last Word With Lawrence ODonnell 20240604 06:02:00

than a paycheck, as they said. it s about dignity. it s about your families dignity. and 12 million more americans can look their kids on the ions a honey, it s gonna be okay, and mean it. and that s a little more dignity for trail 12 million. americans it s not just good numbers. people can feel it. all, right so the labor market is still roaring but inflation is still too high in the question now is, what the federal reserve is gonna do about. that the fed chair, jerome powell, is currently weighing more interest rate increases. and by the federal reserve s own projections, interest rate increases could cause unemployment to rise to 4. 6% this year. a lot higher than it is now. but to be clear, that still lower than the 5% threshold that we have historically thought of his full employment. barack obama would have loved a 5% unemployment rate in his reelection campaign after the great recession. but it s a hard trade-off for the millions of actual people who would lose their jobs be

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