Job growth last month ground to a near halt, surprising just about everyone from wall street to main street to washington. Especially because the labor market had been a pillar of strength for the economy. Just 38,000 jobs were created last month, well below the estimate of 158,000. The Unemployment Rate dropped to 4. 7 , but that was because nearly 500,000 people stopped looking for work. The one bright spot may be the slight, and i do mean slight, increase in average Hourly Earnings. Hampton pearson has more on mays big jobs miss. Reporter the slowest monthly job growth in nearly six years shocked the markets and market watchers. Im still looking for a digit here. Were missing a digit. This is crazy. I thought wed get 165,000. And they still wouldnt do it. They cant hike in june. Imagine if they did and then the economy got worse people would be like, how dumb were you . Reporter the month of may turns out was the tip of a jobs iceberg. Hide be a dramatic slowdown in job growth over
A near halt, surprising just about everyone from wall street to main street to washington. Especially because the labor market had been a pillar of strength for the economy. Just 38,000 jobs were created last month, well below the estimate of 158,000. The Unemployment Rate dropped to 4. 7 , but that was because nearly 500,000 people stopped looking for work. The one bright spot may be the slight, and i do mean slight, increase in average Hourly Earnings. Hampton pearson has more on mays big jobs miss. Reporter the slowest monthly job growth in nearly six years shocked the markets and market watchers. Im still looking for a digit here. Were missing a digit. This is crazy. I thought wed get 165,000. And they still wouldnt do it. They cant hike in june. Imagine if they did and then the economy got worse people would be like, how dumb were you . Reporter the month of may turns out was the tip of a jobs iceberg. Hide be a dramatic slowdown in job growth over the last three months. Employers
Can come trying to make something thats been around forever better or simpler. Tonight we bring you the stories of two entrepreneurs, one who was changing the way kids are coached and the other who are changing baking and thats where we begin. Adam leonte is one of a handful of u. S. Chefs using his own freshly milled flour, like flour he used to use in italy back in 2010. It then dawned on me why i liked the flavor of the pasta in italy more where i was working, because it was fresh wheat. He converted to fresh flour at a Philadelphia Restaurant before moving to brooklyn last year to become executive chef at the still under construction williamsburg hotel. The hotels baked goods will come from his Brooklyn Bread Lab which opened in december. He sells out of 7 loaves of bread, pizzas and pastries in about an hour and his flour sells for about 5 bucks a pound. Using flour, a little salt and homemade yeast starter he concocts crusty, crunchy, airy loaves of deliciousness. You can its bak
Can come trying to make something thats been around forever better or simpler. Tonight we bring you the stories of two entrepreneurs, one who was changing the way kids are coached and the other who are changing baking and thats where we begin. Adam leonte is one of a handful of u. S. Chefs using his own freshly milled flour, like flour he used to use in italy back in 2010. It then dawned on me why i liked the flavor of the pasta in italy more where i was working, because it was fresh wheat. He converted to fresh flour at a Philadelphia Restaurant before moving to brooklyn last year to become executive chef at the still under construction williamsburg hotel. The hotels baked goods will come from his Brooklyn Bread Lab which opened in december. He sells out of 7 loaves of bread, pizzas and pastries in about an hour and his flour sells for about 5 bucks a pound. Using flour, a little salt and homemade yeast starter he concocts crusty, crunchy, airy loaves of deliciousness. You can its bak
A near halt, surprising just about everyone from wall street to main street to washington. Especially because the labor market had been a pillar of strength for the economy. Just 38,000 jobs were created last month, well below the estimate of 158,000. The Unemployment Rate dropped to 4. 7 , but that was because nearly 500,000 people stopped looking for work. The one bright spot may be the slight, and i do mean slight, increase in average Hourly Earnings. Hampton pearson has more on mays big jobs miss. Reporter the slowest monthly job growth in nearly six years shocked the markets and market watchers. Im still looking for a digit here. Were missing a digit. This is crazy. I thought wed get 165,000. And they still wouldnt do it. They cant hike in june. Imagine if they did and then the economy got worse people would be like, how dumb were you . Reporter the month of may turns out was the tip of a jobs iceberg. Hide be a dramatic slowdown in job growth over the last three months. Employers