we need to focus on. it is the 288,000 jobs and 275,000 part-time jobs. we have a border crisis. and matthews lives in the fluff world. i hear what you are saying. let s show everyone the poll that got everybody revisiting this issue. better off with mitt romney as president 45% say yes, 38% worse, and 10% say about the same. tammy, what do you make of all of this? you know the numbers actually a little over me. i am worried he is not over 50% considering everything we are experiencing and the fact he was right on everything. when you look at what unfolded especially in the interrationna
according to the latest job numbers, 288,000 new jobs were added in june. that s five consecutive months of job growth. over 200,000 per month. last time that happened was in 1999 or 2000. meanwhile, the unemployment rate which peaked in october of 2009 at 10% is down to #.1 this june. the stock market, as i said, has tripled in the last five years. march 9, 2009 it was at 6500. today, over 17,000. there is also the auto industry, of course. which the president saved. a december study by the center of auto ma tif research, the president sponsored the bailout and saved 1.5 million real, high-paying jobs. harold, start first, congressman. what good is it being debbie downer this president isn t connecting to his own good work. i don t get it. i agree. not only there but you can talk about the amazing energy renaissance, manufacturing
let s get down to business with cnbc s courtney reagan. welcome, courtney, back from the holiday. yes, exactly. welcome back to from the holiday for all of us, a rude awakening this monday. futures are lower as investors return from the holiday weekend along with the two of us. the dow closing above 17,000 on thursday, though, and that followed a strong jobs report that saw the economy add 288,000 workers in june and unemployment dropped to 6.1%. ahead this week, minutes from the latest fed meeting and earnings from wells fargo. well, tgif fridays is launching an endless appetizer promotion as it tries to boost sales, meaning you can get unlimited refills for $10 per person. sharing, though, is discouraged. analysts say the offer might backfire as customers could take an unfair advantage of that unlimited part. and transformers tops the weekend box office, but not all is well at the movie theater.
again and so many positives to talk about. the latest jobs report showed a gain of 288,000 jobs and we are on the best stretch of job growth in almost a decade. look at the markets. they are back to setting records. isn t this nice? the dow opening above 17,000 this morning. corporate profits, housing markets also up as well. what is to be upset about? wage growth. we could start there, right, steve? struggling year after year. it s stuck at 2%. most of the job growth has been within sectors that have lower salaries. first, steve, let s get some charts out and take a look at profits and income because we have talked about this before. there hasn t been a lot of growth in the amount of money people bring in since before lehman collapsed. that is crazy. what characterized this recession unfortunately is the gains have gone to corporate profits and not the workers. can you illustrate it with a simple chart that goes back and
sitting on the sidelines burdened by the financial crisis. only half of america owns stock. retail investor, mom and pop investor has missed this valley which is going on six years now. the question is this enough to bring them? this week will be dominated by earnings which kick off on tuesday. the big ones start on friday with wells fargo. little in the way of economic data. everyone still digesting that better jobs report. 288,000 jobs created in the month of june. fifth month that we saw plus 200,000 jobs. a debate for you guys on how qualitative that actual report was and how the economy is doing right now. economists on wall street say pretty much it was an improvement. also want to point out we got a glimpse of the future today in germany. daimler, the parent company of mercedes unveiled its driverless truck. not set to hit the road until 2025. we re talking about a