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Or leave us a comment on facebook. The ughts is the United States is one step closer to putting a woman in charge of the most important federal bank in the world. If confirmed, yellen will be the first woman to lead the central bank. One of the nations foremost economists and policy makers current vice chairman janet yellen. An historic are appointment, having worked her way up from fed researcher device chair with stints as a white house advisor and economist along the way. She has brought into the bernanke fed this more explicit roll for understanding labor markets. So she has already brought herself into the fed, brought her main sort of importance the thing she cares the most into the fed policy making process. So i actually think we are going to see very little change. I think thats good. I think a time when making abrupt changes in the central bank is not a good idea. Reporter the most important challenge, how to unwind the < ....
Comment on facebook. Friday we got the single most important look at the u. S. Economy, and job growth last month was a bit disappointing. Only 169,000 jobs created in ausd, and the government revised the job numbers for june and july lower as well. Job sgroet over the summer months was largely in low paying sectors. The Unemployment Rate ticked lower partly because some americans stopped looking for work. This is the measure of the percentage of people at working age who are working and looking for a job. One final number to consider, 7. 9 million americans want to work full time but could only find parttime gigs, including them and people that stopped looking for work, the socalled underemployment rate is 13. 7 . One industry thats gaining jobs because of americas aging baby boomers is health care, but some of the biggest gains werent at the high end, but in home health and personal care jobs. Unlike other high demand areas l ....
Americas infrastructure gets a d plus. According to the latest report card put owe by the American Society of civil engineers. Seven the roadways in particular get a d. An estimated four four of the major highways are clogged with traffic. Now the society says that the sorry state of our roads costs us 100 billion a year in wasted time and fuel. Dams, courts, rails and waterways are inadequate to meet the scale. But the economic consequences of the failing to act, and to increase those investments by 2020, would put at risk 900,000 jobs in the united states. And nearly 1 trillion. So it is a big issue for the country. Well, think about that. Think about all those jobs. Two American Society says lit take 3. 6 trillion over the next seven years to bring americas paragraph up to grade. The largest transportation project in america today. David chuter has the story. This is b ....
Weeks, however, the 301 square mile blaze will burn for much longer than that. Two so called rim fire has destroyed more than 100 structures. It has been eight years since Hurricane Katrina decimated new orleans, and the gulf coast. Memorials are being held today, to remember the more than 1800 people who lost their lives. Officials in new orleans, say the city is making huge strides of rebuilding but admits that there is still a lot more work that still needs to be done. Those are the headlines at this hour, real money with alley is up next, on al jazeera. The economy kicks it up a notch, i will tell you how the u. S. Measures up to the rest of the world, plus, ill dig into seattles Massive Underground project, and explore whether infrastructure megaproducts are an economic cure. As fast food workers do on strike, see the thats been good or bad for the businesses the ....