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CNN CNN Newsroom July 7, 2024

u.s. economy added some 261,000 jobs in october, the unemployment rate ticked up slightly to 3.7%. that jobs figure lower than the month before, however, still higher than economists had forecast. cnn chief business correspondent christine romans joins us to break down the numbers. you always say wisely the trend is your friend. so what do these latest numbers show us about the trend in the job market and is this what the fed was looking for? so first i would call this resilient but slowing the rate of job growth here. 261,000 net new jobs added, you know, that is a strong showing in any economy, but the trend is important here. we re averaging about 400 and change a month this year and this is the slowest pace of job creation in almost two years. so still strong, still resilient, but starting to slow here. the government noting that that unemployment rate has been stuck in this 3.5 to 3.7% range since march. it s still stuck in that range, even after six months now o ....

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CNN CNN Newsroom July 7, 2024

stories this morning. the last jobs report out just this morning. just before the midterms showing the u.s. economy added 261,000 jobs in october. and the economy and inflation major concerns for voters with the elections now just four days away. so far across 46 states, more than 30 million americans have already cast their vote in early voting. this weekend several notable names are hitting the campaign trail. including a joint rally with president biden and former president obama in the crucial state and it is tight there of pennsylvania. former president trump, he ll be in florida. and new this morning, details about trump s own political ambitions for the next election. cnn has learned he s eyeing the third week of november for a 2024 announcement. our reporters and correspondents and analysts standing by to bring you all of the headlines. let s begin with kristin holmes about trump s 2024 plans. talk about what the next election is going to look like? what do we k ....

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CNN At This Hour With Kate Bolduan July 7, 2024

economic news. u.s. employers added 261,000 jobs in october. that is more than many economists expected. the report is also showing that the unemployment rate ticked up to 3.7%. and most importantly, this is the last read on the economy, that voters will get before votes start being counted on tuesday. what the numbers mean for the midterms, we ll get to it in a momentch. and we re also staring down the final weekend of the midterms. and major political players are hitting the trail alongside the candidates. including the three last presidents. tomorrow president biden and former president obama and former president trump will all be if pennsylvania for campaign events, all trying to push their candidates across the finish line in one of the cycle s tightest races. and another big name is jumping in. oprah now endorsing john fetterman which is most noteworthy because oprah winfrey gave mehmet oz, gave him his first start in television. let get to it all starting with ....

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CNN CNN Newsroom July 7, 2024

welcome to cnn newsroom. and good to be with you. the last jobs report before election day topped economies east estimates 261,000 new jobs were added in october, a number president biden will likely tout when he speaks this hour. the commit remains the number one issue for voters this election and the white house is hoping to capitalize on this stronger report. democrats are facing headwinds with four days left before the polls close on november 8. and who controls congress will be determined. the latest count shows more than 34 million americans across 47 states have already cast their ballots. and let let s go to matt ega the new numbers. it was a pretty mixed report. the federal reserve is trying to cool off the jobs market to get inflation under control. but the jobs market is not exactly cooperating. there were some signs of cooling. you mentioned the unemployment rate goes up and the pay ral gr payroll growth was slowest since 2020. and wage gains have ....

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CNN CNN Newsroom July 7, 2024

top of the hour on cnn newsroom. good to have you along. i m victor blackwell. and i m bianna golodryga. today s final jobs report before election day was just what the white house was hoping for. 261,000 jobs beating expectations from economists, but not too high to further drive up inflation. this goldilocks number helps the president make the case for his party in the final sprint to november 8th. former president trump is also on the campaign trail. he ll be in pennsylvania tomorrow pushing for the republican in one of the tightest races for senate that is key to determining who will control congress. pennsylvania has seen more than 1 million votes cast and is just one of several key battleground states where the early vote appears to be record-breaking. in total, more than 34 million americans have already cast their ballots. cnn s correspondents are following it all. we begin in the neck-and-neck race for senate. today is the final day of early in-pers ....

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