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Transcripts for FOXNEWS Special Report With Bret Baier 20220204 23:01:00

the unemployment rate was up slightly. white house correspondent jacqui heinrich starts us 00 tonight. good evening, jacqui. the president said this report makes clear that covid no longer has the grip that it used to on the u.s. economy. pointing to upward revisions in unemployment data in november and december. and a jobs report in january that blew away expectations and then some. but that could make it harder to blame coronavirus for other issues like inflation. our country is taking everything that covid has to throw a at us. and we come back stronger. president biden taking a victory lap over january s jobs report. 467,000 jobs added. driving the hiring, gains and leisure jobs and restaurants. people are vacationing and dining out despite covid fears. biden now rounds out first 12 months in office with a record 6.6 million jobs. the strongest of any president s first year. wages also climbed 5.7% in

Transcripts for FOXNEWS Special Report With Bret Baier 20220204 23:53:00

trump has been pushing pence about this and today he pushed back. shannon: byron, one quick follow up. do you think boris johnson survives this? is he in trouble? it looks really, really bad. he has had top aides resign for a number of reasons. the only reason you think he might survive is that he has the kind of amazing ability to pull himself out of messes that he creates. shannon: josh? my winner is judge rochelle childs of south carolina. one of the judges on biden s short list for the supreme court. she has got jim clyburn s endorsement and lindsey graham s and president biden wants to get bipartisan support if he wants to get a lot of at least some republican votes. she would be a pretty pretty smart choice to get this administration back on a more pragmatic political path. as far as losers go, governor kathy hochul of new york is facing a lot of criticism over a lot of things but namely the

Transcripts for FOXNEWS Special Report With Bret Baier 20220204 23:00:00

rogan. student leading the charge against these mask maskers and we salute that kid. only takes one person to change the world, jesse. jesse: i have never heard of that before where do you come up with them. greg: i just coin them. jesse: you didn t know what you said the whole show. greg: neither did i. jesse: that s it for us. have a great weekend. shannon: good evening, welcome to washington. i m shannon bream in for bret baier. breaking tonight president biden calls today s january unemployment report the drum beat of a job resurgence unlike anything the country has ever seen. he also says the covid crisis was cut in half in just three weeks. coronavirus top 900,000. the economy added 467,000 jobs in january despite the omicron surge. there was also a big revision upward in jobs gained the last two months of last year. on the other side of the equation.

Transcripts for FOXNEWS Special Report With Bret Baier 20220204 23:48:00

despite all the worries about omicron. and the expectation, the conventional wisdom was that people would be staying in their homes, leaving their jobs, not trying to go back to work. and it turns out that most of the country has gotten over omicron and that was big part in these really good jobs numbers. it s a political lesson for the biden administration that if they start talking past the pandemic get out of this emergency phase and start talking to the public about getting back to normal. it may have a very positive impact on the economy. it certainly showed in these reports but they seem to be still stuck in this very cautionary posture that s only hurting the economy and maybe hurting their political fortune. okay. let s get to the olympics kicking off in bay zing in china as president xi and vladimir putin getting together and yucking it up. the world is divided whether they will watch and support this thing and whether or not this athletes in free countries like the u.s. sho

Transcripts for FOXNEWS Special Report With Bret Baier 20220204 23:04:00

more on the economy, charlie gasparino joins us from new york. what s the untold story in today s jobs report. the numbers look great, right? 400,000 in january. revisions upwards in the other months. unemployment rate i know it ticked up but that is people are looking for jobs, right? sometimes it particulars up. but those are all.com boom numbers. i got to ask yourself why isn t the president s approval rating above 50% significant? and the reach why is because people aren t feeling those numbers. they are not feeling those numbers as jackie said inflation. inflation is outpacing wage gains and people are angry, that is the conundrum that the president has. amid rising inflation and here s the problem for the future. what does the fed do? well, the fed generally destimulates the economy. it seeks to raise interest rates. it tries to get what s known as a soft landing so we don t go into recession. but this is an art, not a

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