one althy joints and inflammation support. unlike regular turmeric supplements qunol s superior absorption helps me get the full benefits of turmeric. the brand i trust is qunol. tucker: gas prices have gone up steadily throughout the crisis. that is remain consistent. the gas prices broken a record. the national average for a gallon in this country is $4.10.
us. hello, jeff. sandra, hello to you from a gas station right at the national average, 4.30. something i want to show you, take a look here. i passed by this gas station frequently. one tesla or so at the charge parts, tesla super charger, almost all filled up there, as the impact of high gas prices begins to bite. take a look. 4.30, national average, up a nickel, but down from yesterday and off the big high and the forecast from the fellow that we watch closely in terms of forecast says gas prices are going down, down is a relative word. 4.10 he says, 4.50 for diesel. but you know, that s not very far down. that would have been an all time record a couple weeks ago. take a look at the impact on travel. yeah, it s also going to cost you in addition to money spent
3.6% unemployment rate. pretty good report. how do you read it today? great to see you both. it is a pretty good report. we want to see this kind of job creation month over month even though it was shy of the most economist expectations. always good to see the unemployment rate moving lower. it moved lower by 3.6%. my issue with this report is a big portion of the jobs created in the month of march were low-paying jobs. you are talking about jobs in leisure, hospitality, retail. these are low-paying jobs. if you zero in on the data behind the headlines in this report, we see that wages moved up 4/10 of a percent. not keeping up with inflation year-over-year. you talk about wages moving up 5 1/2%. as you know inflation is running at 8%. once again we see disposable income being zapped by the cost of inflation. that is evident in this report.
expenses for businesses. inflation is felt in the input costs for businesses and it will cut into margins and potentially impact earnings down the line and that could impact the stock market as well. right now it is a good story. wages are going up for workers, up 4/10%. down the road that s certainly inflationary for corporations and that ultimately is passed on at the register for consumers as well. double digit increases in a number of things. dana: in terms of price increases get this, oreo, and wheat thins and tris kets. they ll go up 6 or 7%. meat is a consistent problem. beef up 14%, pork 12%. wages might be going up but so are the prices. that s exactly right. when a company is facing higher expenses the first thing they ll do is pass it on to the consumer. you see input costs going up,
three gigs and make more money with the government checks i m getting. that s an issue. the other issue is wages. they were up 4/10 of a percent. you have to look to wages as a worry sign. input costs are going up. i m talking about the expense of running a business. it will cut into margins. very cyclical. when things comes to margin it affects the stock market and the broad macro story. we could see some danger signs within this report even though the headline number is better than expected. bill: some of the revisions to the last two months is higher looking for jobs. 10 million job openings still. what did it say about inflation? what did you read into that? well, the read on inflation is the fact that wages are going up. they were up 4/10 of a percent. there is pressure on corporations to lure people back to work by increasing wages. it is getting competitive out there. the issue has to do with