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A Cautious Fed Sets Up Stagflation After a Just Right Jobs Report, No Soft Landings

Detailed text transcripts for TV channel - FOXNEWS - 20111007:11:47:00

the actors who voice over the characters have until noon today to decide if they will take a pay cut from $440,000 an episode to $250,000. if they refuse, 20 century fox television might pull the plug on the show after its 23rd season which wraps in may unless they get some more dough! gretch? thank you, steve. the fed chair ben bernanke said this week any recovery we re feeling is hardly permanent. in fact, we may fall into yet another economic slump. and the first signs could come today. peter barnes from the fox business network is live at the department of labor with more on this. good morning to you, peter. good morning, gretchen. yeah, we re watching this number for september jobs creation very closely this morning and so is the obama administration. analysts expecting that the economy will have created about 60,000 new nonfarm payroll jobs in september.

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