President obama held his first Cabinet Meeting since tuesdays elections. He held a meeting a couple of hours before a scheduled gathering of congressional leaders at the white house. The president discussed the new economic numbers which include the addition of more than 200,000 private sector jobs and the Unemployment Rate dropping to 5. 8 . Well, this morning we learned that in october, businesses added 209,000 new jobs. The Unemployment Rate fell again. The private sector has added 10. 6 million new jobs over the last 56 months. This is the strongest job growth that we have seen since the 1990s. All this is a testament to the hard work and resilience of the American People. They have been steady and strong digging themselves out of the worst economic crisis since the Great Depression and what we need now to do is make sure we build on this momentum because we recognize that despite the solid growth, despite the drop in unemployment, there are still a lot of folks out there who are a
Shows factory activity contracted in december. Indonesian rescuers believe theyve found the missing airasia jet after detecting a large object under the java sea. This as the first victims bodies are recovered. Well, welcome to the show. Lets update you on markets. Most markets closing at mid day in europe. Were going to end on lower gains. The euro stoxx 50 up 0. 234 . Yesterday was a risk off day with the stoxx 600 as a whole declining. Today, a little bit of gains. The ftse 100 up 0. 2 . France off 0. 5 and italy in the green. Germany is closed, as i mentioned earlier. Bonds have been of interest this week. Bonds buying following that greek vote earlier in the week leading to a bit of risk off sentiment. That included the u. S. , which started the week around 2. 25 is going to end the weekend and the yooir year just below the 2. 2 handle. The uk french yield at 0. 82 . Of interest yesterday, not only the german bond yield touching 0. 0 55 , a record low, but the italian and spanish
Outside right now, very few clouds as we look at center city. Isnt that a gorgeous shot this morning . Winds are tranquil. Temperatures at this hour, though, for some of you, rather a cool start to your morning. Quakertown, 54 degrees for enthu morning. Some of you would get on the chilly side overnight but its not going to remain that way all day today. By noon we will see a mix of sun and clouds for the day. Still nice at 78 degrees. Your winds remaining light, and the high topping out at 83 degrees, and thats going to put us near average for this time of the year. For the best part, it will be comfortable because the humidity and dew points will remain low. We are also going to see the threat of thunderstorms back in the forecast, not today, but we will show you when coming up in your first alert weather in a couple minutes. Thank you, tedd. Festival goers are counting down to the start of made in america. The gates open at noon today. Nbc 10s matt delucia is live at the gate. Quiet
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