Employment report for october is due out at 8 30 a. M. Eastern time. It will provide information on the number of jobs created, wage growth, hours worked, and it is the final big number to hit before americans head to the polls to vote for the next president. Hampton pearson tells us what to expect. Reporter on the eve of the last government jobs report before the president ial election, Economic Data is mixed. First time unemployment claims increased by 7,000 last week to a seasonally adjusted 265,000. Its the highest level since early august but still at historic lows. New private industry surveys also show a slowdown in both hiring and production in the Services Sector, which accounts for twothirds of all economic activity. But signs of job market strength include more than 5. 4 million job openings, and a big decline in planned layoffs last month. A closely watched outplacement survey shows just under 31,000 job cuts in october with most of the cuts confined to the computer industr
Key economic measure, the employment report for october is due out at 8 30 a. M. Eastern time. It will provide information on the number of jobs created, wage growth, hours worked, and it is the final big number to hit before americans head to the polls to vote for the next president. Hampton pearson tells us what to expect. Reporter on the eve of the last government jobs report before the president ial election, Economic Data is mixed. First time unemployment claims increased by 7,000 last week to a seasonally adjusted 265,000. Its the highest level since early august but still at historic lows. New private industry surveys also show a slowdown in both hiring and production in the Services Sector, which accounts for twothirds of all economic activity. But signs of job market strength include more than 5. 4 million job openings, and a big decline in planned layoffs last month. A closely watched outplacement survey shows just under 31,000 job cuts in october with most of the cuts confin
South Korean Military said it came from north koreas west on monday shortly after noon. It says the missiles appear to be mediumrange nodongs and flew around 1,000 kilometers. Officials of Japans Defense Ministry say possible short range scuds and they appear to have fallen into the sea of japan inside the countrys exclusive economic zone. The u. S. And south korean militaries have been continuing surveillance for a possible launch by the north. Pyongyang has been opposing a joint military drill by the two countries that ended on friday last week. North korea will also mark its National Foundation day on september 9th. Our cameraman has this report flying over the area where the missiles are thought to have fallen. 215 kilometers north of japan and flying over the area where the missiles have flown into the sea of japan. I have yet to see any debris in the water below. I can see a japanese aircraft searching for debris. Japans foreign minister says he has lodge add strong protest with
Laos the current chair as well as indonesia and vietnam. Leaders of chad as well as bangladesh, sri lanka and Papua New Guinea are on the list. The summit will focus on challenges facing the Asia Pacific Region and the theme will be developments. A Japanese High Court has dismissed request to suspend operations at two Nuclear Reactors. Residents in southwest japan made the application over safety concerns. A branch of the Fukuoka High Court handed down its decision on wednesday. A Citizens Group sought an injunction to halt the reactors of the sendai plant in kagoshima prefecture. A District Court turned down their petition last year prompting them to file an appeal. The residents argue the plant operate orhas under estimated the maximum strength of a possibitionsible seismic jolt. The regulator said the reactor meets the requirements. The residents voiced their disappointments. It reflected what experts at nuclear deregulation authority said. Its just a rehashing of the lower courts d
About 15,700 to be in the green for the week. We are well in that territory right now with this 140point gain. And why are stocks higher with another anemic jobs report . Is the street discounting the number due to the bad weather weve had . Is it betting janet yellen will taper the taper because the economy isnt where it needs to be . Well get a team of top minds making sense of all this including former chair of the White House Council of economic advise errs cris errs christina. And smash burger expanding across the ghuntcountry in a bi. Why they have confidence to grow and create more jobs when others are seeing red flags. Lets recap where we stand as we head into the final hour of trade. The dow up 140 points at 15,771. That leaves it in positive territory for the week. Take a look at the nasdaq, up 60 points to 4117. And finally the s p 500, pretty strong rally adding 20 points. Its now 1,793. So here we go. Final hour of trading in what has been a very volatile week. Joining us