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Transcripts For KQED Nightly Business Report 20140704

A strengthening u. S. Economy. For the First Time Ever the dow industrial average broke through the 17,000 milestone after news the economy added more workers, pushing the jobless rate to the lowest level in nearly six years. Employers added 288,000 jobs last month, the fifth straight monthly gain of more than 200,000 sending the Unemployment Rate this time around to just 6. 1 . Average wages are rising by 6 cents an hour. With the markets closing at 1 00 p. M. Eastern time ahead of the july 4th holiday, investors rallied. The dow was up 92 points at the close, a new record high of 17,068. The nasdaq closing at a 14year high and s p added ten. Thats also a new alltime high for the index. We have two reports tonight. Bob tells us about the dow reaching the 17,000 mark, and what it means for investors and the economy, but we begin with
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Transcripts For KQEH Nightly Business Report 20140704

A strengthening u. S. Economy. For the First Time Ever the dow industrial average broke through the 17,000 milestone after news the economy added more workers, pushing the jobless rate to the lowest level in nearly six years. Employers added 288,000 jobs last month, the fifth straight monthly gain of more than 200,000 sending the Unemployment Rate this time around to just 6. 1 . Average wages are rising by 6 cents an hour. With the markets closing at 1 00 p. M. Eastern time ahead of the july 4th holiday, investors rallied. The dow was up 92 points at the close, a new record high of 17,068. The nasdaq closing at a 14year high and s p added ten. Thats also a new alltime high for the index. We have two reports tonight. Bob tells us about the dow reaching the 17,000 mark, and what it means for investors and the economy, but we begin with
Bay State , United States , New York , Quincy College , District Of Columbia , Janet Yellen , Mary Thompson , Hampton Pearson , Alex Wilson , Jay Parkinson , Susie Gharib , First Time , First Time Ever , Time Ever , Unemployment Rate , Time Around , Record High , Job Market , Health Care , Health Care Manufacturing , Just Got , Job Growth , First Half , Half Year , Six Months , Wage Growth ,

Transcripts For KQED Nightly Business Report 20140704

A strengthening u. S. Economy. For the First Time Ever the dow industrial average broke through the 17,000 milestone after news the economy added more workers, pushing the jobless rate to the lowest level in nearly six years. Employers added 288,000 jobs last month, the fifth straight monthly gain of more than 200,000 sending the Unemployment Rate this time around to just 6. 1 . Average wages are rising by 6 cents an hour. With the markets closing at 1 00 p. M. Eastern time ahead of the july 4th holiday, investors rallied. The dow was up 92 points at the close, a new record high of 17,068. The nasdaq closing at a 14year high and s p added ten. Thats also a new alltime high for the index. We have two reports tonight. Bob tells us about the dow reaching the 17,000 mark, and what it means for investors and the economy, but we begin with
Bay State , United States , New York , Quincy College , District Of Columbia , Janet Yellen , Mary Thompson , Hampton Pearson , Alex Wilson , Jay Parkinson , Susie Gharib , First Time , First Time Ever , Time Ever , Unemployment Rate , Time Around , Record High , Job Market , Health Care , Health Care Manufacturing , Just Got , Job Growth , First Half , Half Year , Six Months , Wage Growth ,

Transcripts For WHYY Nightly Business Report 20140703

Elst month, the fifth straight monthly gain of more than 200,000 sending cents an hour. With the p. M. July 4th holiday,clos a new rec 17,068. The nasdaq closing at a 14year new alltime high for the index. We have two reports tonight. Bob tells us about the dow reaching the 17,000 mark, and what it means for investors and the begin withr look at the june jobs report. Reporter junes robust employment gains are the latest evidence of a j market gaining stveraged 272,000 three months andained 2. Llun w spread with profe retail trade, h rs and h care with manufacturing all tndce day, presidenobam point. We just got a jobs report today showing tha seen the job growth in the United States in the first half of the year since 1999. [ applause ] so this is also the first time weve seen five consecutive months of job growth over 200,000 since 1999. [ applause ] and weve seen the quickest drop in unemployment in 30 years. The
Bay State , United States , New York , Quincy College , District Of Columbia , Janet Yellen , Mary Thompson , Hampton Pearson , Alex Wilson , Jay Parkinson , Susie Gharib , J Market , Just Got , Job Growth , First Half , Half Year , First Time , Unemployment Rate , Six Months , Wage Growth , Labor Market , Lowest Labor , Lowest Labor Force Participation , Labor Force , Labor Force Participation , Labor Force Participation Rate ,

Transcripts For WHYY Nightly Business Report 20140901

State of the american job market. The Unemployment Rate currently stands at 6. 2 , down from a high of 10 back in 2009. Despite making progress, the Federal Reserve chair said there is more that needs to be done. Hampton pearson has more. Reporter the job market is improving, but there is still lots of work to do. Janet yellen called the employment picture hazy, on her short list of concerns, reducing longterm unemployment and increasing the prospects for higher wages for those with jobs. Chair yellen has made it clear, she wants to see wage gains. Until she sees wage gains she wont pull the trigger on raising rates in the economy. Headline unemployment at 6. 2 is down more than a full percentage point in the last 12 months. While the economy has regained the nearly 9 million jobs last since the recession, millions of americans are working for far less money. The two sect ....

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