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Detailed text transcripts for TV channel - CNN - 20170505:09:48:00

a rebound. the april jobs report comes out this morning. what can it tell us about president trump s economy, especially given his promise of creating 25 million new jobs? first, what economists expect. they expect an unemployment rate at 4.5%, solid wage growth. that would be nice. and 190,000 new jobs, a bump after the slowdown of only 98,000 in march. that could be good news for the president. he boasted about previous strong jobs reports, but he did not take credit for weak gdp data over the same time period. he blamed that on president obama. so, can he take credit for today s number? corporate america loves his pro business policies. he inherited a strong economy of job gains and falling unemployment, but the question here, the true test will be if his plans for tax cuts and deregulation pass and they ultimately stimulate growth and create jobs. if the president wants to reach that 25 million goal, he s a little behind. he needs to create about 208,000 jobs per month, and the num

Detailed text transcripts for TV channel - CNN - 20170505:09:17:00

the april jobs report comes out this morning. what can it tell us about president trump s economy so far, especially his promise of 25 million new jobs over the next ten years? well, i can tell you what economists expect, the unemployment rate still at 4.5%, solid wage growth and 190,000 new jobs. it s a nice bump after the slowdown of 98,000 in march. that could be good news for president trump. while he boasted about previous strong jobs reports, he blames weak gdp data from the same period on former president obama. so, can he take credit for today s number? corporate america loves his pro business policies, but he inherited a strong economy of jobs gains and falling unemployment, so the true test will be if his plans for tax cuts and deregulation pass and stimulate growth and get that gdp number up. if the president wants to reach that 25 million goal, he ll have to do a few things. he needs to create about 208,000 net new jobs a month. numbers aren t quite there yet, but we ll fin

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