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>> that was cool. "american morning" continues right now. after the deluge, i'm christine romans, tropical storm lee now a tropical depression, but still, packing plenty of rain after dumping a foot on parts of the gulf coast. >> i'm carol costello. right now massive wildfires threatening to burn down thousands of homes in texas. it is the worst fire season in state history and it's far from over on this "american morning." all right. good morning, everybody. it's monday, september 5th. labor day. welcome to "american morning." ali is off today. >> happy labor day. i hope you're ...

in america officially is 14 million people. the situation is getting dire. but i want to give you a bigger perspective. it's hard to live in the moment and make decisions. let's go back to the beginning of 2009. that's when president obama first took office. we were losing in excess of 700,000 jobs in the month that he first took office. through 2009, things looked to get substantially better. according to experts, the recession ended in 2009. 2010, boy, we were building in the beginning of the year and then started to lose jobs again. and then we started to get the shaky job creatio...

and at 3:00, we'll talk to general russell honore. plus fredricka's interview with tiger woods. i'm alina cho. see you in one hour. "your money" starts right now. i'm ali velshi. no economic issue is more important to americans than jobs. here is the latest. we had a jobs report come out for the month of august, no new jobs were created in america in august. the unemployment rate, which was 9.1% before we got into this remains at 9.1%. stubbornly high. the number of unemployed people in america officially is 14 million people. the situation is getting dire. but i want to give you a...

a week after irene hit the east coast, the central gulf coast is getting ready for storm with flooding rains. louisiana governor bobby jindal already declared a state of emergency. oil companies are pulling workers off the rigs in the gulf. some places including new orleans could get as much as 20 inches of rain. texas could really use some of that rain from the tropical system. it doesn't look promising. 14 big wildfires are burning in that state. just one of them west of dallas. firefighters are finally making some progress. they've got about the fire half contained or so. >> we ca...

Philanthropist, this is an amazing way to get results from one phone call. we'll have ten final ists in ths competition, and our panelists are experts, the coast guard are on this panel, people from the oil industry are on this panel. so they see all sides of the problem we're trying to address, and they'll be judging our competitors based on the feasibility of their technology, the market effectiveness of their technology, can we actually scale this? so it's a very practical, hands-on kind of competition that we'll be holding this summer. >> wendy, questions remain as to whether oil companies...