Too strong and the Unemployment Rate fell to 5. 4 . The lowest rate since 2008. The goldilocks report sent stocks soaring with job growth that many said was just good enough to hold off a Federal Reserve rate hike until the second half of the year. The Dow Jones Industrial inde week with a gain of 267 points to 18,191 and the nasdaq rooz 58 and the s p rose 28 points. Hampton pearson has more. Led by a boost in the Service Sector and construction and health care the jobs rebounded strongly in april, good news for president obama. Nearly the fastest pace in over a decade. March it turns out was worse than previously reported producing just 85,000 jobs. April, however, added nearly three times as many workers. On wall street a sigh of relief from leading economists. I would expect Something Like 200,000 from here on out. So maybe a little less than this report if there was an element of snap back there. The underlying trend growth of the economy is probably about 2. 5 right now and that is right now. It is easing up capacity. And i think the slack is diminishing all over the place. But the pace of job games has slowed. Just 191,000 month during the First Quarter of this kbreer compared to 260,000 per month last year. There is little growth in workers pay. About 25 an hour an average up just 2. 2 in the last 12 months. At this home depot job fair just outside of boston part of a nationwide effort to hire 85,000 workers, a reality check from job seekers. Ive been looking for employment now for almost six or eight weeks. So i really dont know. And before i never had a problem finding employment. So i believe i dont know if it is Getting Better or worse. Two years really hard job market. Sometime tz you are lucky and sometimes you wont. But it is really really looking good that i got this job today. The Unemployment Rate is now at a seven year low and at 5. 4 moving closer to the feds target for full employment with no threat from inflation. For nightly business report, i Hampton Pearson in washington. So how will the fed view todays job report and what does that mean for the market . Eric wrist ben is from Russell Investments and he joins us now. Eric welcome back. Good to see you. How healthy do you the kmoi is. This number was a good one but other numbers indicate that basically the First Quarter was flat . Well actually the First Quarter was a bad economic number chblt we think the u. S. Economy is healthy. A recession sun likely. This number is an indication that that is not al hearty thought were expecting a acceleration to 39 the half of the year it is not great but better than the First Quarter and years. Air do you agree with those wht in particular shows strength but not too much strength and gives enough to not rate internet rates at the june meeting. We thought yesterday september and we think more today. This jobs number supports probably a september move rather than a december move because it wasnt also weak. That was something that people would begin to think about. September gives you a dead bang in september because wage pressure is likely to push up as Unemployment Rate continues to fall. Lets talk about stocks and where they see their valuations today. Are they too lily valued in the u. S. Well we think they are expensive but in this part of the cycle we are late in the market cycle, stocks usually are expensive and they tend to stay expensive and get even more expensive. The thing the reason to buy stocks isnt because they are cheap, the reason to buy stocks is because you think the economy and earnings will grow and that will give you a good return in stocks particularly when you compare them to bonds. And air, and they got more expensive today, the stocks did, didnt they. Yes, they did. Eric have a great weekend. Worldwide sales at mcdonalds fell last month but the decline was less than expected. The worlds biggest hamburger ch a drop in asiapacific and africa. It comes days after the company outlined the first part of the turn around effort. Today fellow dow component nike backed president obama in the push for a global trade agreement. Speaking at the headquarters he pushed for the pacific trade deal and nicki would nike would help bring jobs to the u. S. Sara eisen has more for beaverton, oregon. Many are calling it a controversial move. President obama visiting nike headquarters for pushing the trade partnership. This will give us tools to open up other markets to make sure they play by the fair rules we help write. They are outsourcing jobs to asia with low wages and often have poor working conditions. We have a right to improving conditions within our contract working conditions to create a greener sustainable supply chains and proud o and nike said this will pave the way for jobs to be created in the united state burden of high taxes they have to pay when they import manufactured products back home. With the release we expect within the tpp, we can use that that those funds to actually support innovation to drive advanced manufacturing here in the United States. The problem president obama has to convince many members of his own party to help Congress Pass fast track legislation for the deal. Many democrats point to nafta, a dealer brokered with mexico and canada by clinton as harmful to American Workers and wages. Criticisms the president addressed here at nike. Past trade agreements it is true didnt reflect our values or protect American Workers. But that is why were designing a different kind of trade deal. Passes nike will invest to build a factory in the u. S. That will create at least 10,000 jobs and 40,000 indirect jobs over ten years, it is a drop in the bucket compared to the 1 million work force overseas but boost the potential for sneakers to be made in the usa. Just do it everybody. Thank you. For nightly business report, im sara eisen. Now back to the april jobs report where despite an Unemployment Rate teen Unemployment Rates are in the doubledigits. Jobs arent as plentiful and that can have trouble for them making the first step into the working world. We have more from verizon in new jersey on a program aimed at Getting High School students on the right employment track. Before shadowing workers atern sten young, cartoons shaped his view of whitecollar work. You see people working in cubicles and their wearing a white shirt and black tie and they are look stressed out about work. Instead at the Accounting Firm he saw enthusiastic workers changing his mind about the kind of job he wants. A job in the corporate world, a nice paying job with friendly people a job you like. He is a junior at brooklyns James Madison high and part of a program of naf, a partnership connecting businesses and public schools. The president j. D. How said the program to show how classrooms connect to a working world the teens may nat know exist through shadowing and internship for us it is the ultimate experience that makes education make sense. This summer some of the more than 50in turns will work here at the Verizon Operations Center applying what they learn in math and science to some of the products. Theyll test a phones durability in the tumbler and monter the network in the audio booth. Experiences nicki pa hopes may turn them on to a field that is in need of talent. We can get students at the age where they are still thinking well maybe i want to be an engineer or maybe i dont. And if they learn they dont want to be an engineer the teens get the Critical Skills a first job provides. I learned time management skills and learned to be open with people. They learned last summer where they managed inventory on excel files they created, alicia said this translates into life long benefits for any teen that lands a summer job. Weve seen surveys that have shown that teens who dont have those soft skills or havent been used to having good work habits typically have a more difficult time getting a job later on. Putting teens to work one way to better the work force. From new jersey im Mary Thompson for nightly business re still ahead, the ubs whistleblower who went to prison only to receive life changing news when he got out. The final part of the series is next. As we reported investors cheered todays jobs report but what should they do with todays market . Our market monitor has more. Our chief investor monitor at morgan greek, mark welcome. We could spend time talking about whether you think the fed will raise rates in june july or september or never but im bored with that. I want to get to your stock picks. Your first one is an airline, why . I think the common misperception is the Airline Business is a bad business and for 30 years that was true. It was a terrible business. They lost money as a industry for 30 years up until about three years ago when consolidation put Pricing Power back into the hands of the airline so we think it is a fantastic business and we think american in particular is under valued and has upside and we think people dont appreciate how much value save gz they have with the Lower Oil Prices so we think there is an upside in airlines and american in particular. And you like apple. A lot of people on the street like apple but they think perhaps near term it is expensive. You disagree with that. I think apple is cheap. I dont know how you can call it skmensive with a p. E. Ratio sub 15 with compared to below the martial. The market. And when you walk through a airport or a mall everybody has an iphone or ipad and look at an apple screen. They dominate their segment. They made more money in one quarter than the bottom 400 companies in the s p in the last five years. They are just a dominant dominant company. We we agree with carl icon this company is worth more than 200. And your third choice is one whose companies has had good days and not so good and flattish days and that is google. Yep. So i think google is an example of a coiled spring. A company that just dominates what they do and they have a lot of embedded options, shall we say, inside of the company that we think will be realized in the coming years. So they we technology is broadly the place to invest and we think it is more densive in defensive in a time where they will raise rates quickly, mark, why has google t felt the love . They ran very hard. Kind of the previous six, 12 months. And i think stocks are cyclical and they kind of go in bits and starts and this needed a pause that refreshed and now it is ready to run again. Mark. Thanks very much. Ha great weekend. Morgan creek capital management. Shares of aol spike on an earnings speed and that is where we begin the market focus. The companys quarterly focus was better than expected with revenue well above forecast. The Ceo Tim Armstrong said it was driven primarily by advertising. The strength that you see in the numbers are essentially our ability to grow strong sets of supply across mobility video, problematic and ad up and we are doing a job navigating the flat form shift from offline to online and that is great. And the shares responded popping up 10 to 43. 42. The ago row Chemicals Company significant renta rejected a takeover offer. They said it under values the company and didnt take into account regulatory risks. It was up more than 1 to 120. 79 and sithenta closed at 85. 75. And a removal of a company ceo and the Board Chairman as well. They need a good mattress tonight for serta. They have been the target of an activist to improve performance. Shares were 3 higher at 62 a share. Investors had a strong appetite for bojangles in the trading debut. The joint which specialized in chicken and biscuits sounds good. It offered 8 million shares priced at 19 and shared soared to 23. 75 and an increase of 25 per day. The department of justice is reaching a settlement and those could come mid next week and will include five banks, one more than previously reported. The fifth bank is ubs based in switzerland and the others are citi j. P. Morgan and the royal bank of scotland. And Bradley Birkenfeld went from whistleblower and now a twist in the final chapter of the whistleblower series. After serving 2. 5 years in prison for his role as a swiss banker hiding millions of dollars for wealthy american clients, Bradley Birkenfeld moved into a small rental home in New Hampshire with no immediate plans for the future. A month later he got some life changing news. My attorney informed me that the irs whistle blowing office was going to grant me a large award. For 104 million. Yeah. Well they had taken taxeds taxes off the top. You learned that. The taxes off the top. It was vindication. And it vindicated me against the department of justice. You dont think they were happy to write you that check. They were pissed and im pleased. But he is still angry. Hes on a quest to force the Justice Department to explain why it was so aggressive in prosecuting him but letting nearly everyone else involved in the scam get off with light penalties or none at all. The d. O. J. Is aiding and abetting a crime. These people have not been indicted. Why . That is tough to say the d. O. J. Is aiding and abetting a crime. Put me in frent of the department and ill raise my hand. They said domestic and International Law enforcement should pursue those in off shore tax evasion and identify the individuals who have evaded their federal Tax Obligations and so far the irs has collected as much as 7 billion from americans with secret off shore accounts and that number continues to grow. Since he helped put that ball in motion his lawyers say he deserves a cut of all of that money. How much do you think you are entitled to. Honestly you have to check with my attorneys. I have no idea. A billion . Talk to my lawyers. Two billion. Talk to my lawyers. Hes having fun with the multimillions hes collected, including two porsches. I love this license plate. Well this is pay homage to my old employer ubs. That is their slogan on your car. And his bruins luxury box and in which he invited friends. The department of justice dont come up here. No. They dont come up here. We wontin swiet them up here. And he said 50,000 americans broke the law but remain safely anonymous by paying penalties and fees. It bothers me that you can buy yourself out of a situation and that means our government is for sale. So part of it is you are doing this on the merits but part of it is that you like to fight. Oh, im a hammer looking for nails. Youre a hammer looking for nails. A chainsaw looking for trees. And it appears birkenfelds battle is just starting. And hell be done with the federal prison system in november when he gets off of federal probation and can begin the beginning of the rest of his life. And feelingure keep up with him. And what will he do now. He wants to move to germany. He loved europe. And not sure his reception in switzerland because that disrupted an entire way of life in switzerla among the secret bankers. What has happened in terms of seektd banking . Is it all over. After birkenfeld we saw the ubs settlement and other smaller swiss banks targeted by the department of juste and a new law called fat caw come in and that will force american clients to disclose the american clientele to e United States and the experts tell us that might be the beginning of the end of global bank secrecy. If you want to keep your money safe and secret from the u. S. Government you have to go to riskier and riskyier jurisdictions to do it. A mon jfrs in washington thank you. For more head to our website, nbr. Com. Coming up meet the teen entrepreneur that runs a multimillion Dollar Company after school with a little help from mom. Here is a look at what to watch next week. Dow component cisco is out with earnings. On the data front well get retail sales and the Producer Price index and euro finance ministers meet to discuss the greece debt. That is on the agenda next week. A story about a mom starting a new company with her daughters is good to begin with but there more to it than that. Only 26 of the fortune 500 companies are women but that that is that is 14 more than there are but that is not enough to keep them from asking why there arent more. Lilly sandler looks like a high s but when was the last time you heard a 17yearold heard her say Something Like. When we transition to we can do everything men can do. Lilly and her mother have a company, blam tastic. They might sell 10,000 dollars worth of beauty care alone. After renee read a wall street journa article that said at that time only 12 fortune 500 ceos were women. When i read that number something snapped. I said are they going to be limited in the work force. So renee challenged her daughters just 9 and 10 years old to start their own company. And a slip of the tongue would put them all in business i was looking for my lip balm one day and i said mom where is my lamb blam sand i said that would make a great name. They wanted light flavors and lip protection and all natural ingredients. And it is allo and bees wax. And this paralegal had never run a business before but suddenly she and her daughters were cooking up batched of lip balm or blam in their kitchen. We ruined every pan in our house. And they suggested they sell the stuff, which they did. But first at a School Yard Sale and then at a mall kiosk. The advertiseing was home made too. The only thing better is blam tastic. And soon retailers began to order and that meant they needed to find a real manufacturer. They said no to us when we first pursued them. And i found out that the ceo of that company was a woman. And i called her and i said listen im really trying to set a example of empowerment for my daughters and she said okay. It is more than lip balm and they have multiple manufacturers making a line of 25 different products. Lilly is running her own company, earning High School Credit and a few other perks, juggling homework with speaking engagements. Lilly and renee have identified with the popular like a Girl Campaign aiming to change the way people think when they refer to doing anything like a girl. Every girl whatever their dream is and for lilly, it is being an entrepreneur every girl can make their dream happen. Lilly is showing us proudly what she dogirl. Im hoping we can change what that means and it can be a complement or a good thing to do Something Like a girl. A lesson well learned thanked to mom. Im ever grateful and in debt to my mom for doing that because sh that we kwr going to have to we were going to have to face it eventually and im glad we were exposed to it at a young age. Not a bad way to head into mothers day weekend. And Lilly Sandler is planning to go to college when she graduated and hoping to juggle and stay connected to the Family Business while studying and i would suggest she do just that. Absolutely. I hope my daughters jackie an vicki watch that. I think it is fantastic. Happy mothers day. Thank you very much. And to all of you. Absolutely. That does it for nightly business r for tonight. Im also clipped. Thanks for joining us. And im tyler mathisen. Thanks for joining us. Have a great weekend. Well see you monday. Its all right, its okay doesnt really matter if youre old and gray its all right, i say, its okay listen to what i say its all right, doing fine doesnt really matter if the sun dont shine its all right, i say, its okay were getting to the end of the day just tell me that again, please. I recorded commander embleton saying he was responsible for Anthony Kayes death. And you have since given that recording to Anthony Kayes mother . I thought we were done with embleton. I was there when you told him he wasnt worthy of your attention. Mrs. Kaye deserves to know the truth, esther. Im not di