Job Formation News Today

also breaking this morning, signs that the labor market, which has been stunningly strong for so long is now cooling. fed watchers and wall street very warily awaiting these numbers. ill talk to acting labor secretary julie su for her take on the numbers and the strength of the u.s. economy. and later, more heat for an already weather-weary nation. over a dozen dead nationwide from the high temperatures. >> i have asthma, so the air quality is really hard on my lungs, and then with t...

So roben, this was a lower jobs number than expected. how do you read it? >> i think that its kind of a non-release other than the wage data, which might give the fed more ammunition for at least one more rate cut, probably two, you know, following in september. having said that, and this is an ongoing theme, when does the fever break. how many rate cuts do we have to push through to see trickling job gains or contraction in job gains. can you land this economy perfectly without any sort of rece...

Important game tonight? its a huge game, to win the world cup - important game tonight? its a huge game, to win the world cup you - important game tonight? its a huge| game, to win the world cup you have to be _ game, to win the world cup you have to be the _ game, to win the world cup you have to be the best and play a top, top performance from the start to finish — performance from the start to finish it— performance from the start to finish. it is a massive game for the team _ finish. it ...

Save lives. now the vaccination and operation warped speed efforts, its almost waning. here in california, its almost gone. so what are we left with? if you dont concentrate on trump or the vaccination, youre left with a mess in the border, a mess in the middle east. economic recovery that hasnt been robust as far as job formation has real worries about inflation. most importantly, though, this woke critical race theory intolerance where were in a climate where were cancelling people going back ...

Look at the obama administration and where we are right now, almost every undindicator is ve very high. the longest period of job formation and creation in history under president obama. and the deficit, i mean, compared to what he started with and where he is now, deficit down by two-thirds and youve got overall, the best economy transferred to the next president any president has transferred to the next president with the possible exception of bill clinton. i dont know what donald trump is get...

All the time. one thing that strikes me is that when we do raise interest rates, it has obviously been to slow things down or bring the threat of inflation down. a lot of economists crunch these numbers and say gdp which is already kind of slow at 2 to 2.5% could be curved a little bit upwards of a quarter percent growth. in other words, there is a clear effect on the economy. slows it down a bit. slows down job formation. we dont have much wiggle room here if you think about it. these job gains...

You know, president obama went all out today. if you ask senate republicans, you get this kind of response. >> if you look at the states that have cut it back, they have increased their job formation. >> some studies show dropping job rates can effect economic conditions that are getting worse. when north carolinas governor cut the benefits, unemployment numbers have fallen not because the long-term jobless have found work but because they have quit looking for work altogether. congressman, let ...

Future. so the problem is washington, as much as anything. so now were going to have a political issue. you dont care if you wont extend this. but if you look at the states that cut it back, theyve actually lowered their unemployment rate and increased their job formation. so there is a debate economically about whether this is an incentive that is a disincentive to work versus an incentive to help people. i want to help everybody who needs help. but i also want to incentivize them to help thems...

Agency that republicans and democrats agree to be the ultimate authority is the congressional budget office. they looked at this question and they found that raising the top, the rates on the top 2% will have virtually no impact on gdp and virtually no impact on job formation, the republicans in congress didnt like that study. so they asked the crs. congressional research service to review the data and come up with conclusions and guess what, they looked at this and said the same thing, almost n...

Minimum tax, if you will, for multimillionaires. what do you think of it? >> well, if you want to disincentivize job creation, you can certainly do that. if you want to disincentivize investing in our economy and expanding in our economy, you can do that. the problem is that the tax rate is the capital gains tax. if you increase that to 30%, which apparently is what the president wants to do, then we will decrease job creation, decrease job formation, decrease the vitality in the economy, and al...