Those new worries for the fed on the labor front. September nonfarm payrolls weaker, rising by 142,000 in august. Revised sharply lower to show 136,000 added. The rates stay steady at 5. 1. Average Hourly Earnings come in flat, but we were looking for something in the 0. 2 0. 3 range. Maybe the most biggest disappointment of the year so far. Coupled with the august revision lower. The 2015 average goes to 198,000 jobs created per month. Thats a sharp slowdown. Last year we were averaging 260,000 jobs. Its more than that. If you take the three month average, youre down 267. Which begs the question, whether we like it or not, where are we in the Business Cycle . Regardless of what fed is doing. The whole discussion as to whether rates this low and the fed Balance Sheet this big are able to stimulate the labor market like they think it does. Clearly there are diminishing returns here. The Market Reaction has not been good. Dow futures down 161 points. The treasury note yield slipped below
cheers an captioning sponsored by Comedy Central larry thank you very much welcome to the nightly show. What great guests thank you very much audience chanting larry larry they are right. Im larry wilmore. I dont think they know my last name. Larrreeee thank you very much. laughter were still trying to wrap our heads around the horrible event that happened on thursday in oregon. Its tough to talk about, but one of the things thats toughest for americans to talk about is the issue of guns. So, were going to talk about it in a segment were calling, americas conversation about not talking about guns. Okay, step one in not talking about guns is called exhaustment. This step begins by overwhelming us with numbers. This was the 45th School Shooting at an American School this year. It marks 142 similar School Shootings since sandy hook. 294 Mass Shootings this year alone, nearly a thousand since the database was created. 380 people have died in Mass Shootings this year alone. These figures do
Thats right. It turns out the Federal Reserve is pretty darn worried about faltering Global Growth and its impact on the u. S. When it met last month. It wasnt about to pull the trigger on a higher fed fund rate. And when we found out about how pragmatic the fed was about whether to raise rates or not, the september minutes were released after 2 00 today, you could almost here the collective sigh of relief. And then the rush to buy stocks dow gaining 138 points. S p jumping 0. 88 . Nasdaq is also climbing. For weeks now we have labored under the impression that the fed was ready to tighten on a moments notice because it was sanguine about the economy. We thought they were happy about things. They were hardly sang wing. Thats what they tell us theyre about to tighten and the Federal Reserve is worried as most Business People and investors were about a china led slowdown could bring down what little strength our economy has. Given that last months unemployment number wasnt so hot you can
Stricter gun laws. The rest of the world heard that and was like, wait a minute. America has gun laws . laughter its time to get nightly, america lets do this cheers an captioning sponsored by Comedy Central larry thank you very much welcome to the nightly show. What great guests thank you very much audience chanting larry larry they are right. Im larry wilmore. I dont think they know my last name. Larrreeee thank you very much. laughter were still trying to wrap our heads around the horrible event that happened on thursday in oregon. Its tough to talk about, but one of the things thats toughest for americans to talk about is the issue of guns. So, were going to talk about it in a segment were calling, americas conversation about not talking about guns. Okay, step one in not talking about guns is called exhaustment. This step begins by overwhelming us with numbers. This was the 45th School Shooting at an American School this year. It marks 142 similar School Shootings since sandy hook.
Gunshots this morning. I just hope that they do something about it, you know, more than what is being done here because every time you turn around, every day theres a shooting. Theres a shooting, and so you just have to be careful. This is still an Ongoing Investigation and police dont have too much information about the suspects david and kerry. As far as the offduty postal worker, the Prosecutors Office tells me he was treated for nonlifethreatening in es. Sheldon dutes, news 4 new york. Also staying in newark, a Police Officer walked in on a robbie and actually shot one of the thieves. Employees at a sunoco gas station say two men grabbed money from the register, jumped over the counter and demanded the key for the safe. There was an officer who just happened to stop by to get something to eat. He walked in on the entire thing. He shot one of the robbers and right now, when somebody point a gun at you you didnt feel right. That suspect is in critical condition. On halloween. Kerry,