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KQED Nightly Business Report January 19, 2016
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
KQED Nightly Business Report January 19, 2016
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
In reaction to that jobs number, it was off about 350 points midday. The nasdaq dropped 49, and the s p 500 fell 29. The concern in the markets is what it has always been, the timing of a rate hike. And the stronger the number, the greater the possibility the fed could raise rates at its next meeting in just two weeks time. The economy created 173,000 new jobs last month. Fewer than expected. However, the Unemployment Rate at 5. 1 was the lowest in more than seven years. But as Hampton Pearson tells us, what the fed does next is anything but definitive. Reporter in august, headline unemployment fell to a sevenyear low, but hiring was the slowest in five months. However, job growth for the last three months has averaged 221,000, after the government revised job growth upward for june and july by 44,000. But wage growth at just over 2 over the last year is still below normal for recovery. Lots of americans remain on the sidelines. At 62. 6 , the Labor Force Participation rate remains at
In reaction to that jobs number, it was off about 350 points midday. The nasdaq dropped 49, and the s p 500 fell 29. The concern in the markets is what it has always been, the timing of a rate hike. And the stronger the number, the greater the possibility the fed could raise rates at its next meeting in just two weeks time. The economy created 173,000 new jobs last month. Fewer than expected. However, the Unemployment Rate at 5. 1 was the lowest in more than seven years. But as Hampton Pearson tells us, what the fed does next is anything but definitive. Reporter in august, headline unemployment fell to a sevenyear low, but hiring was the slowest in five months. However, job growth for the last three months has averaged 221,000, after the government revised job growth upward for june and july by 44,000. But wage growth at just over 2 over the last year is still below normal for recovery. Lots of americans remain on the sidelines. At 62. 6 , the Labor Force Participation rate remains at
In reaction to that jobs number, it was off about 350 points midday. The nasdaq dropped 49, and the s p 500 fell 29. The concern in the markets is what it has always been, the timing of a rate hike. And the stronger the number, the greater the possibility the fed could raise rates at its next meeting in just two weeks time. The economy created 173,000 new jobs last month. Fewer than expected. However, the Unemployment Rate at 5. 1 was the lowest in more than seven years. But as Hampton Pearson tells us, what the fed does next is anything but definitive. Reporter in august, headline unemployment fell to a sevenyear low, but hiring was the slowest in five months. However, job growth for the last three months has averaged 221,000, after the government revised job growth upward for june and july by 44,000. But wage growth at just over 2 over the last year is still below normal for recovery. Lots of americans remain on the sidelines. At 62. 6 , the Labor Force Participation rate remains at
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