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Asia Business Report

what are you expecting in terms of the jobs data and what impact would that have on a rates decision by the fed? well, we have got around a 200,000 employment read this friday. this is what analysts are coming outwith. we had 339,000 billed in may, so it will be dropped off a little bit, but overall strong numbers from an employment sector, and as far as rates are concerned, we will not be surprised to see fed chair powell ratchet them up again, so i think we are up for another tightening for the us and across the world. how soon could the right hike come? could it come actually this summer? i won't be surprised. again, thejury is out but i think overall sentiment is, yes, you will see it in the northern hemisphere summerfor the fed, and it could even be this month. let's wait and see. tesla has beaten analyst expectations for the second

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Asia Business Report

you expecting in terms of the jobs data and what impact with that pap on a rates decision by the fed? ~ ., ., ., ., ., the fed? we have got around a 200.000 _ the fed? we have got around a 200,000 employment - the fed? we have got around a 200,000 employment read - the fed? we have got around a| 200,000 employment read this friday. this is what analysts are coming up with. we had 339,000 built in may so it will be dropped off a little bit but overall strong numbers from an employment sector, and as far as rates are concerned we will not be subpoenaed to see fed chair powell ratchet them up again so i think we are up for another tightening us and across the world.- another tightening us and across the world. how soon could the — across the world. how soon could the right _ across the world. how soon could the right hike - across the world. how soon could the right hike come? | could the right hike come? could it come by summer? i won't be surprised. again, the jury won't be surprised. again, the jury is out but sentiment is yes you will see it in the northern hemisphere summer for the fed and it could even be this month. let's wait and see. peter maguire speaking to me a little bit earlier and if you are in the uk brace for more disruptions for the next six days. this is after an overtime

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Fox News Live

>> on the positive side, the president has a pretty good story to tell at the moment. the economy of the united states is proving notably resilient. you had gep in the first quarter revised up recently. in ma jobs report of 339,000 jobs created. that is a pretty strong number. to have seen factories getting billed at a faster pace. new fracturing is up. new home sales are on the increase. durable good sales. where you go out and buy a car or refrigerator. those are up as well. uc wages increase. that is the first time in a long time over the last year or so. if you are looking for a job, there are more jobs out there and there are people looking. he also likes to tell a story on his policy which is that he has invested in infrastructure,

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The ReidOut

extremists. that fundamental contrast between us getting the job done and them being a little too crazy is the fundamental contrast we have to continue to establish in this election. >> let me stay with you for a moment because the numbers are very concrete. the economy is doing a lot better. you're seeing annual inflation falling to its lowest rate since 2021. pay rolls rose 339,000 in may. jobless claims drops, you can go on and on, inflation down, unemployment rate is very low, and yet president biden's approval ratings are still under water. and the disapproval on the economy, can you explain this to me? why would people have such a high disapproval rating for the economy when the economy is objectively good? >> well, he's got to go make his case. we can't be satisfied with these numbers. i will say in his approval rating, we're about at the same place as we were in the election in 2022 when we did so well in the battlegrounds. so we're not in a dangerous place. but we need to be in a better place. and i think particularly on the

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CNN Primetime

employers added 339,000 jobs in may, and we've seen inflation cooling for, what, 11 straight months now. >> it's extraordinary difficult in politics to take credit for preventing catastrophe. and that is absolutely what this administration has done. think about the economy that the biden administration inherited. skyrocketing inflation, an economy that was teetering on permanent catastrophe. and not only did they resuscitate it, but they actually put us on a footing to compete in the 2020s and well beyond. and i think with branding like this and a shifting of the narrative, yes, we're not out of the woods. there is no doubt. but certainly they have prevented something far far more serious from occurring. >> but jobs are growing and inflation was lower when he took office. and americans remember that. it wasn't a period of economic crisis. it was a period of public health cr crisis. they had tail winds, not head

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CNN Primetime

3.7%. employment is at added 339,000 jobs in may. and we've seen cooling for 11 straight months now? >> it's extremely difficult in politics to take credit from preventing catastrophe. that's what this administration has done, think about the economy that the biden administration had, it's had skyrocketing inflation in an economy that was teetering on permanent catastrophe. not only did they resuscitated, but they actually put it on the flooding to compete in the 20 twenties and well beyond, and i think with branding like this, and a shifting of the narrative, yes we are not out of the woods, there is no doubt but certainly, they have prevented something far, far more serious from occurring. >> jobs where growing, and inflation was lower than when he took office, americans remember that. it wasn't a period of economic crisis. it was a period of -- crisis. but we are having a sharp recovery. they had tail winds, not

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Early Start With Christine Romans

all right. your romance's numeral this morning. 450,000. that's how much it will cost private astronauts to go to space aboard virgin galactic. the first spaceflight to launch later this month. several hundred customers have already made reservations for future trips. all right. in what has been probably the longest recession watch in memory, the job market appears to be doing just fine. a robust 339,000 jobs were added in may. more than 4 million jobs since the fed began its interest rate hikes last year. do they tell the story? lots of hiring but not so much working. let's bring the author of that article, quinn guilford. good morning, nice to see you. >> good morning.

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Early Start With Christine Romans

to see this sort of disinflation rather than driving inflation lower and potentially causing some level of economic harm. >> let's listen to something the fed chief said about the resilient labor market. >> the labor market i think has surprised many if not all analysts over the last couple of years with its extraordinary resilience really. and it is just remarkable. and that is really if you think about it, that is what is driving it, it is job creation, wages moving up, it is supporting spending which in turn is supporting hiring. it is really the engine that is driving the economy. >> it has been fascinating to watch the job market. at some point you have to ask can you have a recession if you have a 3.7% unemployment rate? >> no, you can't especially if you have 339,000 jobs created in a month. one of the defining features in

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CBS Weekend News

good news first. spending consumers keep creating more jobs. employers added another 339,000 jobs in may. gains in health care, construction, leisure and hospitality. but still not enough job seekers for restaurateur nick osborn. >> we are in need of some extra depth, and it has been hard to find that extra depth for sure. >> reporter: but there were also layoffs in the tech sector, and a sharp rise in black unemployment that pushed up the overall jobless rate. it's a snapshot of a complicated, wobbly economy, with stubbornly high inflation and the spectre of a recession. pessimism is having a late spring to remember. in a recent gallup poll, 55% of people believe their financial situation is only fair or poor. half say it's worsening. fewer americans, less than 2 in 3, have $400 squirrelled away for an emergency. >> and that's the bonus.

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CNN Republican Town Hall With Nikki Haley

us back to precovid levels. that's how we will take care of that. >> on the subject of the economy, the economy just added 339,000 jobs last month, and inflation has been high but it's showing signs of slowing and wages continued to rise, and do you think president biden deserves credit for any of that? >> look at the cash into our economy, and you basically paid people to sit on the couch and you have the money spent with no accountability, so yes, is the unemployment coming down? but ask the small business owners, they are not feeling it on their bottom line, costs are still high. ask familiar leads, because you know it when you go to the g grocery store or have to get something fixed on your car, but what good is it when you can see

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