Report was anything but. In fact, it was the best number of 2015. Employers added 271,000 jobs last month. Thats about 90,000 more than economists were expecting. The Unemployment Rate inched lower to 5 . Hampton pearson digs into the numbers. Reporter the blockbuster october jobs report produced the biggest monthly increase in new jobs in nearly a year and saw the headline Unemployment Rate drop to 5 , the lowest in 7 1 2 years. Try to spin it some other way but it is really good news. I think this is good news. If the fed goes a quarter point i dont think that kills the economy. Long from it. Reporter the rebound in job growth even prompted a leading Federal Reserve dove, those Monetary Policy makers not in a rush to raise rates, to now say the first hike in nearly a decade could indeed happen in december. Ive said for, you know, quite some time that, you know, the real side of the economys looking a lot better. Weve seen substantial improvement in the labor market supported by our p
Report was anything but. In fact, it was the best number of 2015. Employers added 271,000 jobs last month. Thats about 90,000 more than economists were expecting. The Unemployment Rate inched lower to 5 . Hampton pearson digs into the numbers. Reporter the blockbuster october jobs report produced the biggest monthly increase in new jobs in nearly a year and saw the headline Unemployment Rate drop to 5 , the lowest in 7 1 2 years. Try to spin it some other way but it is really good news. I think this is good news. If the fed goes a quarter point i dont think that kills the economy. Long from it. Reporter the rebound in job growth even prompted a leading Federal Reserve dove, those Monetary Policy makers not in a rush to raise rates, to now say the first hike in nearly a decade could indeed happen in december. Ive said for, you know, quite some time that, you know, the real side of the economys looking a lot better. Weve seen substantial improvement in the labor market supported by our p
In fact, it was the best number of 2015. Employers added 271,000 jobs last month. Thats about 90,000 more than economists were expecting. The Unemployment Rate inched lower to 5 . Hampton pearson digs into the numbers. Reporter the blockbuster october jobs report produced the biggest monthly increase in new jobs in nearly a year and saw the headline Unemployment Rate drop to 5 , the lowest in 7 1 2 years. Try to spin it some other way but it is really good news. I think this is good news. If the fed goes a quarter point i dont think that kills the economy. Long from it. Reporter the rebound in job growth even prompted a leading Federal Reserve dove, those Monetary Policy makers not in a rush to raise rates, to now say the first hike in nearly a decade could indeed happen in december. Ive said for, you know, quite some time that, you know, the real side of the economys looking a lot better. Weve seen substantial improvement in the labor market supported by our policy actions. And the ot
Knowing what to do when the fire alarm goes off or the tornado sirens go off. You need to know how to respond to that. That. Tonight on the cbs 2 news ten at ten youll hear from the Johnson County Sheriffs Office about being prepared right here in the corridor. Covering the corridor in iowa city, mellaney moore, cbs 2 news cbs 2 news wants to know if you believe the United States government can keep you safe from acts of terrorism . Weve posted a poll to our twitter page cbs 2 iowa that you can answer right now. After some cool weather that included a mix of rain n and snow this week, eastern iowa is in for a warm up. Chief meteorologist terry swails is here now with a first look of your forecast. 30s clouds are moving out of the east eastfog possible friday morning otherwise mostly sunny with readings climbing from 27 at 8am to 46 at 3pm 3pm a psychologist took the stand today in the edward cusaic trial. Cusic is accused of murdering his mother three years ago at their home on old mar
All right, this hearing will come to order. Today we revisit the tragic management failures at General Motors that killed people. First i want to acknowledge in my opening remarks then from my viewpoint the ceo of General Motors, mary barra, has stepped up and with courage and conviction has confronted head on the problem and the Corporate Culture that caused it. Some see the Record Number of recalls at General Motors as a problem. I see it as a good sign. Second, i want to briefly say that i think i speak on behalf of all members of congress who have asked very difficult questions surrounding these tragic events that while we are asking tough questions, we have Great Respect for the workers of General Motors. I would like to take this moment to thank the workers at General Motors. You are terrific. You build good cars. And you are also the victims of outrageously incompetent management. Management was the problem here, not the workers. The valukas report ive spent some time with. I fi