coonz of delaware could announce today. congress votes in the coming weeks. let s get an early start on your money. asian shares are lower after the disappointing chinese manufacturing numbers. look at stock futures in the u.s. looks like an ugly start to september. an ugly morning. following august footsteps. yesterday, dow fell 115 points. it plunged 1,100 points last month. the biggest drop since may of 2010. watching walmart. cutting back worker hours at some of the stores. this comes four months after walmart raised wages which resulted in the drag on profits. walmart says these cuts effect a small fraction of stores scheduling too many hours based on the sales. the company ceo says they will watch costs closely to make up for the labor investments in the
treated fairly. and it becomes a story that the nation is perfectly willing to forget. the army is not just a career, it s not just a vocation for people who decide to stay in for a long time, it s a lifestyle and to say i m sorry we don t need you any more, feels like it s unfair, it feels like betrayal. the army is going from 520,000 soldiers to 450,000 soldiers. cutting back, drawing down. some of those pink slips are actually going out while the soldiers are in combat. in a battle zone. this is what an army spokeswoman said as the army implements its draw down strategy to balance the force. the army wants to retain the army for service while getting soldiers ready to transition to
environment in which employers are cutting back, not the president is talking about if you can work a full-time job, there are no full-time jobs out there. 40-hour week right now is on the bubble. even if raising the minimum wage over this period of time, how is this a program the way the administration is looking at it that s going to begin to lift people out of poverty at the same time that employers are cutting back the hours. you raise it to $10.10 but i m only working 20 hours a week or 25 hours a week and not 40. i disagree with your premise. i think the facts are clear that the overwhelming amount of job growth has been in full-time jobs and, in fact, you know, people talk about the job growth here, if you look at this recovery compared to the last recovery, we re well over 2 million jobs ahead of where we were in the recovery that took place under president bush and that s happening following a very devastating financial crisis. so i think, you know, one of the
underemployment and low wages are crippling the middle class. i want to show you where the jobs are. they were mostly mid-range work. cutting back, payrolls. what kinds of jobs are cutting back? wow, look at that. you see right there. right there. hourly rates of $7.69 to $13.83. this is from 2010 to the second quarter of last year. here s the median hourly wages for the top five occupations with the most hires during the recovery, right. these are the people being hired during the recovery. $10, $9, $7, $10. this is it. what about the next few years. these jobs will be in high demand but most put a family of more. right here take look at this.
you both work and you re out there making money, i think you can do what you want. like congress, up spending to meet what your wife spends. if you ask your spouse and they want to add something to the mix so they can let you buy and you buy, it gets worse. stay within your budget. i m with you, tracy. kind of nice not having to ask anybody, that s one of the perks of divorce. all right. thanks, guys. talk about a back-to-school bummer. more families planning on cutting back, and that may be a big bummer for you, even if you don t have kids in school. [ female announcer ] it balances you.