Lets start in the us where its been a tumultuous week on the markets following the publication of a series of reports on the state of the Labour Market. On thursday, one of the latest of these reports showed private employers in the us posting their smallest monthly hiring growth since january 2021, with just under 100,000 new positions. On wednesday, government data showed Job Openings dropped to a 3. 5 year low injuly with 7. 67 million vacancies. And later today, all eyes will be on the Monthlyjobs Survey of employers and households. Last month, the Labor Department reported the Unemployment Rate had hit 4. 3 injuly up from 3. 5 a year earlier. This report is one of the most important gauges of the state of The Worlds largest economy and it is coming at a critical time with the president ial campaign under way. So what might be in store . Joining me now is kyle handley, associate professor of economics at the university of california san diego. Every so much apprehension, you just h
Publication of a series of reports on the state of the Labour Market. On thursday, yesterday, one of the latest of those reports showed that private employers and dgs were posting their smallest monthly growth since January 2021 with just shy of 100,000 new positions. Government data showed the job positions. Government data showed theJob Openings positions. Government data showed the Job Openings had dropped to a 3. 5 year low, 7. 67 million vacancies through dropped to a 3. 5 year low, 7. 67 million vacancies throuthuly. Million vacancies through july. Later million vacancies throuthuly. Later today, all eyes are going to be in the Monthlyjob Survey of employers and households. A reminder, last month the Labour Department reported the Unemployment Rate at hit 4. 3 injuly. Unemployment rate at hit 4. 3 in july. That was Unemployment Rate at hit 4. 3 injuly. That was up Unemployment Rate at hit 4. 3 in july. That was up from Unemployment Rate at hit 4. 3 injuly. That was up from 3. 5 a
Its ahead of a planned Ground Offensive in the Southern City of rafah, where about 1. 5 Million People are sheltering. It is being reported this morning, not a huge amount of detail what those humanitarian islands would look like. It is right at the very southern end of the gaza strip, where more than half of the population is now sheltering and is a place where israel has said it needs to carry out a military Ground Offensive because it says in order to achieve its aim of fully removing hamas run gaza, the only way to do thatis hamas run gaza, the only way to do that is target hamas s remaining leadership when they are believed to be in and among civilians sheltering in rafa. Of course this remains an operation which has questions attached, certainly the word ireland is interesting because a central part of the gaza strip has been left severely damaged by months of Israeli Ground and air attacks. People who live there have left their homes, been going back to those areas but of course
Thats a United Nations staff member describing the conditions inside gaza as israel prepares for a potential fullscale Ground Invasion in the wake of the Terror Attack by hamas. Well have a live report from israel straight ahead. Plus well bring you an update on the Biden Administrations efforts to prevent further escalation in the region with top officials on the ground this morning in both israel and jordan. And also ahead, more republican led chaos on capitol hill. The partys nominee for House Speaker just dropped out of the race. Good morning and welcome to way too early on this friday, october 13th. Im jonathan lemire. Thank you for starting your day with us. We begin this morning with the fast moving developments in the latest out of the war between israel and hamas. Israels military has ordered a large scale evacuation of the entire northern half of gaza within the next 24 hours. That region is home to just over 1 Million People and accounts for about half of the overall territo