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Breakfast

says it is the first time since 2009 that footfall has declined between june and july. our business correspondent emma simpson has more. it's turning into a soggy old summer. and when the weather's grim, that's not great for our high streets. here in london's most famous shopping street, plenty are still braving the rain to shop. if i was a tourist, i guess i'd be spending all my time in the shops. i'm from ireland, so we have to shop in the rain all the time as well. so it's ok. we're happy. yeah, we're happy. so embrace it. that topsy turvy summer weather is having an impact on footfall. june was the hottest on record, driving a 3.7% monthly increase in visitors across high streets, retail parks and shopping centres, the biggest increase in anyjune since 2009 when the research began. in july, another record. for the first time footfall was lower thanjune, down by 0.3%,

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Breakfast

famous shopping street, plenty are still braving the rain to shop. if i was a tourist, i guess i'd be spending all my time in the shops. i'm from ireland, so we have to shop in the rain all the time as well. so it's ok. we're happy. yeah, we're happy. so embrace it. that topsy turvy summer weather is having an impact on footfall. june was the hottest on record, driving a 3.7% monthly increase in visitors across high streets, retail parks and shopping centres, the biggest increase in anyjune since 2009 when the research began. in july, another record. for the first time footfall was lower thanjune, down by 0.3%, driven by a fall in shoppers out on the high streets across our towns and cities. july really has been the perfect storm for high streets and for retail destinations, literally in many ways. not only have we had a huge amount of rain, but also we had an overtime ban

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CNN Tonight

they took office. and inflation is slowing, jobs are increasing and the economy is still growing. so why are things so good? and why did everyone get it so wrong? for that we're joined by a man who knows business and the economy. the founding partner at putt news. great to see you. >> like to see you john. >> you talk to a lot of people why do they think that things are good right now? >> well things are actually really good if you're objective about it. unemployment, as you, said is as lowest as it has been. every 3.7%. inflation is coming down rapidly and the number today i think really surprised economists and surprise to government officials. it's the surprise of the market. the market was up today as well. in fact, since the fed has been raising interest rates over a year ago the s&p 500 is up 3%. so i mean what more do we need to decide whether the economy

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CNN Tonight

the economic data is darn good. inflation rose by 3%, the lowest pace since 2021. the jobs report says the economy added 2209,000 new jobs. inflation is slowing. jobs are increasing and the economy is growing. why are things so good? and how did they get it so wrong? william cohan. you talk to a lot of people. why do think they things are good right now? >> things are really good, if you're objective about it. unemployment, as you said, the lowest it's been ever. 3.7%. inflation is coming down rapidly. the number today, really surprised economists.

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The Last Word With Lawrence ODonnell

iron next guest, tracey allaway, says it's the first time in a record 14 months when jobs do not exceed economic forecasts. and we are notes, quote, it may be slow down, but i do months for the u.s. economy adds more than 200,000 jobs is a solid gain, and quote. that's absolutely true. it just on an academic problem when you create 200,000 jobs, even though economists predicted the number would be higher. unemployment continues to remain at historic glows, following to 3.6% from 3.7. if you want the unemployment number, it's down, as well. it is 17th month in a row that unemployment has been below 4%. that's the longest stretch since the 1960s. we used to think of 5% as so-called full employment. we've been below 4% for several months. wages expectedly grew more than expected and the share of working share a americans in the workforce entered its highest level in 20 years. labor market is held strong

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Americas Newsroom

the numbers are down. business equipment is falling. when you see the business side weaken, fall, and so forth. that's a leading indicator of recession. it is not the consumer side that leads when you have down turns, it's the business side. my point is these were very soft numbers and on the wage side if i can add to that, wages -- average weekly earnings up 3.7%, up 3.7% for the month of june, average weekly earnings. that is again below the inflation rate. the average hourly earnings 4.4% is even with the inflation rate. so real wages are still sloping down on a trend line. this is a very soft and disappointing report. the trouble is -- the fed is going to tighten any way.

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Ayman

outlook on the economy has been consistently bleak for years. for a long time it was with good reason. inflation reached a new 40 year high last year. and many economists anticipated a recession this year. but so far good news. the recession has been avoided. and inflation has declined for 11 months straight. falling to 4% in may. unemployment down to. sitting at 3.7%. i -- let the economy in strong shape wise and president biden got a credit for this turnaround? back with me news ana marie cox and joining the -- senior economist at the paul >> -- in the least let me get your thoughts on this unemployment droplets than 4%. the recession is seemingly not on the horizon. it's still a possibility after with the inflation on decline. you call published report earlier this year that looked at how low wage workers have seen historically fast real rage growth between 2019 and 2022.

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Ayman

a new 40 year high last year. and many economists anticipated a recession this year. but so far good news. the recession has been avoided. and inflation has declined for 11 months straight. falling to 4% in may. unemployment down to. sitting at 3.7%. i -- let the economy in strong shape wise and president biden got a credit for this turnaround? back with me news ana marie cox and joining the -- senior economist at the paul >> -- in the least let me get your thoughts on this unemployment droplets than 4%. the recession is seemingly not on the horizon. it's still a possibility after with the inflation on decline. you call published report earlier this year that looked at how low wage workers have seen historically fast real rage growth between 2019 and 2022. and recently wrote a piece on

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Cavuto Live

happier than they've been in decades. that was headline in may, okay? job satisfaction was at a 36-year high. why is that? because a lot of people can leave their job if it's bad, okay? and that's because, you know, the unemployment rate has been 3.4-3.7% since march 2022. you can't -- you got to go back to world war ii to get unemployment rates like that. so that's really, one really huge for people. you and i don't worry about unemployment, but millions of people do. and then you have, you know, the bargaining power they get from that. and, you know, by the way, or on wages, you know, you have to look -- you can't just take one year and look at the average. you've got to look at the median, you've got to look at the bottom sectors of the labor force because the average is pulled up by -- david: yeah, but, mark, the point is, is people's perception is reality. i mean, people know -- >> people's perception -- david: hold on a second, hold on a second. people know how they spent a

Lot , People , Unemployment-rate , Job , Workers , Headline , May , High , Job-satisfaction , 36 , Unemployment-rates , World-war-ii

Fox News at Night

Fox News at Night
vimarsana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vimarsana.com Daily Mail and Mail on Sunday newspapers.

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