happen to him. you know, he picked the wrong family and i m not scared of a conflict and we re not scared, we re not running. we are coming at him. a grieving father, but i will tell you, he s defiant. we will have the full interview just ahead. first, we do have this news just into cnn, some good economic news, the u.s. economy added 223,000 jobs in december, that number a bit better than expected. cnn chief business correspondent christine romans is here to tell us what it really means. so as jim always reminds us and rightfully so you tell us to look at the trend. so the trend here is an economy that s showing resilience in the face of these jumping interest rates but is that the full story? the full story here is it s robust, it s resilient, it s strong, but it s cooling a little bit and that s what everybody wants to see. the goldilocks scenario, not too hot, not too cool, showing signs that the fed s medicine is starting to work. 223,000 net new jobs added, look, guys, th
my phone has been blowing up because they believe that trump has been taken off the table in terms of what happens in 24. when you think about stability and the idea of confidence in the marketplace, that is what they want. at the same time, we will get some form of divided government it appears. they also it is like a goldilocks scenario. the way ceo and investment community think about the world, you think about 24 desantis, does he move more populist, that speech last night or does it move back. it appears if you believer the numbers and where we are, that things are coming closer to the center. that is where business and the economy cells. and desantis people don t remember pre-covid, desantis was a moderate governor, had approval ratings in the 60s. actually reached out to democrats on environmental issues. so the question is do you
even without having to experience additional layoffs. yeah, i completely agree with you on that labor force participation rate. it sounds a little bit wonky. all of these people on the sidelines and not counted. when they could start coming in, that could raise the unemployment rate. you could have an unemployment rate rising which is what the fed wants to see but not mass layoffs. that would be an amazing outcome. that is the goldilocks scenario. i think right now it remains somewhat unlikely. we saw an improvement in labor rate participation last month with additional folks coming in starting to look for work. we continue to see in a lot of our data that a lot of folks outside the labor market cite some of the structural barriers coming back in looking for work access to affordable child care. health concerns. lingering covid concerns. so i do think there are real barriers to getting that labor force participation rate fully back to where it was pre-pandemic. a lot of timing is
a german name. and it was just, you know, i heard my dad growing up with the yiddish name for auschwitz and it was a town that had a significant jewish population before the war, almost all of them were killed, sadly, during the war. so it just was an emotional experience for me to eyewitness what happened. you re a living tribute to your father and to the memory of your grandparents, wolf. thank you so much for doing this and thank you for being with us this morning. thank you. you know, whenever you go to the holocaust museum in d.c., which everyone should do, and kids parents should take their children every time i ve gone, you learn something different every time. you seeing some new, you learn someone s story, and it really is such a powerful experience to go in there. and every time you listen to one of those stories you are helping. you can hear the stories from survivors and including wolf s father and witness the history that has to be remembered, never again air
it was not a lot of fun. this generation, the one coming up behind us, it is literally trillion dollar plus on the back of one generation and they are just they can t get their lives started. i think this thing was targeted. it is classic biden. you got the left screaming over here, the right screaming over here and here is biden in the middle saying we re going to target this thing to middle cl class, working class folks. if you re poor, you get twice as much help and that s what we re going to do. the fact that both sides are mad lets you know it is biden politics. we had phil doing the reporting from the white house, it took a while for biden to get here and he can be indecisive. that has been pointed out before. in this case, though, by waiting, it was announced at a time where his political fortunes are a little better than they had been. he s catching an upswing now. he may have landed on something, the goldilocks scenario, where he may have actually found a little bit of