Report was anything but. In fact, it was the best number of 2015. Employers added 271,000 jobs last month. Thats about 90,000 more than economists were expecting. The Unemployment Rate inched lower to 5 . Hampton pearson digs into the numbers. Reporter the blockbuster october jobs report produced the biggest monthly increase in new jobs in nearly a year and saw the headline Unemployment Rate drop to 5 , the lowest in 7 1 2 years. Try to spin it some other way but it is really good news. I think this is good news. If the fed goes a quarter point i dont think that kills the economy. Long from it. Reporter the rebound in job growth even prompted a leading Federal Reserve dove, those Monetary Policy makers not in a rush to raise rates, to now say the first hike in nearly a decade could indeed happen in december. Ive said for, you know, quite some time that, you know, the real side of the economys looking a lot better. Weve seen substantial improvement in the labor market supported by our p
Report was anything but. In fact, it was the best number of 2015. Employers added 271,000 jobs last month. Thats about 90,000 more than economists were expecting. The Unemployment Rate inched lower to 5 . Hampton pearson digs into the numbers. Reporter the blockbuster october jobs report produced the biggest monthly increase in new jobs in nearly a year and saw the headline Unemployment Rate drop to 5 , the lowest in 7 1 2 years. Try to spin it some other way but it is really good news. I think this is good news. If the fed goes a quarter point i dont think that kills the economy. Long from it. Reporter the rebound in job growth even prompted a leading Federal Reserve dove, those Monetary Policy makers not in a rush to raise rates, to now say the first hike in nearly a decade could indeed happen in december. Ive said for, you know, quite some time that, you know, the real side of the economys looking a lot better. Weve seen substantial improvement in the labor market supported by our p
In fact, it was the best number of 2015. Employers added 271,000 jobs last month. Thats about 90,000 more than economists were expecting. The Unemployment Rate inched lower to 5 . Hampton pearson digs into the numbers. Reporter the blockbuster october jobs report produced the biggest monthly increase in new jobs in nearly a year and saw the headline Unemployment Rate drop to 5 , the lowest in 7 1 2 years. Try to spin it some other way but it is really good news. I think this is good news. If the fed goes a quarter point i dont think that kills the economy. Long from it. Reporter the rebound in job growth even prompted a leading Federal Reserve dove, those Monetary Policy makers not in a rush to raise rates, to now say the first hike in nearly a decade could indeed happen in december. Ive said for, you know, quite some time that, you know, the real side of the economys looking a lot better. Weve seen substantial improvement in the labor market supported by our policy actions. And the ot
To say much. Boeing is falling on earnings what has shares taking a dip . And its fed day what to expect from janet yellen this afternoon and what the Global Markets want to hear. Apple is up first reporting a quarterly revenue miss and the slowest growth for iphone sales since the device was introduced back in 2007. 74. 8 million iphones were sold in apples first fiscal quarter. The Company Forecasting revenue will drop in the Current Quarter for the first time in 13 years. Tim cook spoke about the china slowdown during last nights Conference Call. We began to see some signs of economic softness in Greater China earlier this month, most notably in hong kong. Beyond the shortterm volatility, we remain very confident about the longterm potential of the china market and the large opportunities ahead of us and we are maintaining our investment plans. Cook said we dont live in 90day quarters, we dont invest in 90day quarters. Some headlines suggest he pulled the bandaid off. I think that t
Drive to succeed. Journey from personal tragedy to cooking for president obama. All that and more over the next hour. Lets get headlines from carol massar. Thank you. There was positive data on the u. S. Jobs front read 288,000 gain in employment in the month of april. E sincegest upseid 2012. Obama and german chancellor ingle marker eagle merkel met today. He stressed togetherness when it comes to sanctions against russia. The goal is not to punish russia. The goal is to give them an incentive to choose the better course. That is to resolve these issues diplomatically. We are reunited on that front. Leaders pointed to the ukraine elections as the next trigger point in determining whether stations were be expanded. Says hase the projection reflects a continued challenging environment and lower client activity levels. Those are the top headlines at this hour. I want to get insight on todays jobs report. Joining me now is from our studios in new york, this is charlie rose. Is bricklin dw