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You look at the jobs report that was disappointing that came out friday that showed only 126,000 jobs were added to the economy in march compared to an expected 244,000. although it could be just a fluke, it is causeing concern because the worry is is that it s createing doubt about the strength of the economy. you look at gdp last year losing steam and the last three months of last year. business spending is also slow slowing down. you look at the last three durable goods reports, they disappointed as well. also the effective lower gas prices seems to be losing its cachet with consumers and retail sales have been down in the last three months as well. the opening bell has rung. we do see the red arrowings ingss and major indices dropping ever so slight slightly. it could be a rough day. it is baseball s opening day. i want to go to the podium, if you can show it. major league baseball former ....
Jobs reports showing only 126,000 jobs were added compared to expectation of 244,000. the big worry today as we begin this monday, perhaps not only the jobs market losing momentum and other areas of the economy and earnings season begins wednesday and it s not expected to be stellar as well. we will keep and eye on the numbers for you and back when the opening bell rings. thanks so much. we will get back to you. hillary 2.0, she has big plans to reintroduce herself to you. new hires for hillary s dream team. washington correspondent, jeff breaking the story. good morning. good morning, carol. secretary clinton is on the verge of making an announcement could be days away and we re told certainly by next week jump jumping forward and doing what we all expected for a long time ....
Let s bring in alison kosik for an early start on your money. alison tell us the big story. good morning, suzanne. it is all good jobs. the market is closed for the good friday holiday. the all important jobs report coming out at 8:30. the march report. cnn money is expecting employers added 244,000 jobs last month. fewer than february. unemployment rate is expected to stay the same at 5.5%. a lot to digest in the report. the wage growth was below the federal target of 3.5%. also there are concerns about other areas of the economy, but suzanne, it is important to see the jobs picture keeping its ....
headline number first off. way below consensus estimates of 244,000. to add insult to injury we had revisions of the last two months downward. so this was a pretty abysmal report from the headline perspective. let s give you the positives because i m feeling fairly optimistic this morning. the unemployment rate held fairly steady. you can read into it a bunch of things. but also pretty positive yeah 5.5. also pretty positive recovery in certain sectors and not just the lower wage jobs that are growing. it s also those busy and professional service job that is are growing so that was good. also something that i personally watch very closely and the fed is watching very closely and that s wage growth and that ticked up just a slight bit. 2 hadn t 1%. that s the kind of thing we want to see. the fed wants it 3% to 4% and we re clearly not there and held ....
Good friday holiday. it is still going to be one of the action packed days. the march jobs report comes out at 8:30. cnn money is expected employers added 244,000 jobs last month. it is a bit fewer than february. the unemployment rate is expected to stay the same at 5.5%. a lot to digest in the report. i ll keep a close eye on what wage growth is doing. it was 2% in february. that is below the federal reserve target of 3.5%. there are a lot of concerns about other areas of the economy. it is very important, suzanne, to see the momentum build in the labor market. a good sign before the report comes out? this is the indication i like to call take this job and shove. it we are finding that more workers are quitting. it is good news if it doesn t sound like it. 2.8 million people quit their jobs in january. that s up 17% from a year ago. what that means is people are ....