part of the beach. the beach you re walking through, deep section of sand, right, rick? reporter: well, i mean, look at this house right here, there is sand, there is sand right here inside the house. i mean it is all, this is a case up and down the beach. and there are, there are issues further away from the beach as well. a lot of streets are still flooded. there is two to three feet of water flooded. two to three million people on the state without power. two or three nuclear power plants had to shut down because of concerns with rising waters and issues of win and nearby water. there was deepwater on the streets in atlantic city. a lot of coastal communities saw heavy, heavy flooding, martha. a lot of homes and businesses suffered pretty significant damages. martha: we heard from governor christie, he is
in to this type of devastation, and we in the government will be here to work with you to have new jersey completely recover. i ve spoken with president obama several times. last time was at midnight last night. he assured me that we would have an expedited process with fema, get whatever assistance we needed. he moved an expedited process this morning by declaring new jersey a major disaster area. the eight counties that are receiving an medek louisiana ratioand immediate individual, atlantic, cape may, hudson, excess. middle south momoth, ocean and union. note this list is not final and many other counties will be added as we make a damage assessment. the biggest issues we are facing right now in our most inch packeted counties are search and rescue and restoration of pow every. i want to make up sure that we
the middle of this storm. plus this. atlantic city taking a beating from hurricane sandy last night. wait until you sea what it looks like this morning. i never seen on atlantic avenue. i live up in the inland more and always flooded up there. but i never seen it like this up here. reporter: what are you guys going to today? are you going to stay here? we ll stay here. we re on the third floor professor sargent, can you tell me what cd rates will be in two years? no. if he can t, no one can. that s why ally has a raise your rate cd. ally bank. your money needs an ally.
breaking down the july jobs report this hour. i want to get to t employers added 163,000 jobs in july, much better than the 95,000 that economist also predicted. the unemployment rate rose to 8.3%. the latest political spin as president clinton and mitt romney weigh in on this report. go beyond the numbers to find out what the report says about the state of our economy. we are also going to see how wall street is reacting. president obama and mitt romney did not waste any time giving their take on the jobs report. romney is on the campaign trail r he is in vegas. president obama had a meeting with middle class families at the white house. romney points to the 42 moments with unemployment above 8%. he said the jobs report is more proof that the president s policies are failed. well, we continue to have 23 million americans out of work or have stopped working for look or underemployed and see job numbers bounce around month to month to month butno question that we now have 42
eastern tennessee overnight. reportedly killing two people and injuring dozens more people. the storm s tearing through parts of the great smoky mountains. the park spokesamerican telling wtae that a falling tree killed a woman and another man died when his motorcycle wrecked during the storm and rob mars an mow is going to let us know where they re going. good morning. well, the storms have weakened. around 5:00 they were rolling down the south, the western part of the smoky mountains. if you don t know east of knoxville. a lot of tourists get millions of visitors, as a matter of fact. as you would imagine in the middle of july, a lot of folks camping via tents and rv. that s the danger these storms pose. there was a storm there was a severe thunderstorm watch posted at the time but regardless kind of a couple cells or clusters of cells converging on this area as it drove down to the south. with all the heat that was built up, much like the deraiecho and funny things h