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Transcripts For KQED Nightly Business Report 20240622

Wages were stagnant while the unemployme rate fell to 5. 3 and therein lies the problem. The Unemployment Rate did not drop because workers found more jobs but because people stopped looking. Hampton pearson has more. Rep whi june headline unemployme is the lowest since the 2008 recession, the jobs report was weaker than expect. Hiring came in below the 233,000 consensus forecasts, wages were flat and job growth for april and may was revised downward by 60,000. Not the kind of jobs report leading economists and fed watchers say is likely to move Monetary Policy makers anytime soon. Te not yet sufficiently convinced that the two tests for rate hikes have been met, which is further movement in the labor market and reasonable confidence that it will move back to 2 . The overall labor force part tags rate dropped to 66. 2 , the lowest since 1977. The primary reason fewer teens and recent College Graduates than usual enderte the labor forecast. June is a function of fact that people like my

Transcripts For KQEH Nightly Business Report 20240622

Wages were stagnant while the unemployme rate fell to 5. 3 and therein lies the problem. The Unemployment Rate did not drop because workers found more jobs but because people stopped looking. Hampton pearson has more. Rep whi june headline unemployme is the lowest since the 2008 recession, the jobs report was weaker than expected. Hiring came in below the 233,000 consensus forecasts, wages were flat and job growth for april and may was revised downward by 60,000. Not the kind of jobs report leading economists and fed watchers say is likely to move Monetary Policy makers anytime soon. Te not yet sufficiently convinced that the two tests for rate hikes have been met, which is further movement in the labor market and reasonable confidence that it will move back to 2 . The overall labor force part tags rate dropped to 66. 2 , the lowest since 1977. The primary reason fewer teens and recent College Graduates than usual enderte the labor forecast. June is a function of fact that people like

Transcripts For KQEH Nightly Business Report 20240622

Wages were stagnant while the unemployme rate fell to 5. 3 and therein lies the problem. The Unemployment Rate did not drop because workers found more jobs but because people stopped looking. Hampton pearson has more. Rep whi june headline unemployme is the lowest since the 2008 recession, the jobs report was weaker than expected. Hiring came in below the 233,000 consensus forecasts, wages were flat and job growth for april and may was revised downward by 60,000. Not the kind of jobs report leading economists and fed watchers say is likely to move Monetary Policy makers anytime soon. Te not yet sufficiently convinced that the two tests for rate hikes have been met, which is further movement in the labor market and reasonable confidence that it will move back to 2 . The overall labor force part tags rate dropped to 66. 2 , the lowest since 1977. The primary reason fewer teens and recent College Graduates than usual enderte the labor forecast. June is a function of fact that people like

Transcripts For CNBC Closing Bell 20240622

Return to normal. Well take you live to athens once again and get you through this last hour of trading, as well. Big thinkers bringing their big ideas to aspen. Shell Oil President will be joining us. Ricardo salinas, Walter Isaacson robin chase and actress goldie hawn all joining us throughout the next two hours. A good view of what it looks like in aspen. If you are on twitter, you saw pictures of kelly wearing this suit. I sort of spilled the beans in my twitter account. She is not playing ironwoman here. Will not replace Robert Downey jr, though she could. Well explain. I need to take an iron supplement after messing around with that suit. Well tell you more about that many cog up. Weve got a number of big individual stock moves today. Tesla on the back of strong auto sales. Bps huge settlement. Dwindling takeover hopes for yelp. Lets get to business now. Just about two minutes into the reopening of trading. Shares up about 4 going into this news halt after they got approval for t

Transcripts For CNBC Closing Bell 20240622

Return to normal. Well take you live to athens once again and get you through this last hour of trading, as well. Big thinkers bringing their big ideas to aspen. Shell Oil President will be joining us. Ricardo salinas, Walter Isaacson robin chase and actress goldie hawn all joining us throughout the next two hours. A good view of what it looks like in aspen. If you are on twitter, you saw pictures of kelly wearing this suit. I sort of spilled the beans in my twitter account. She is not playing ironwoman here. Will not replace Robert Downey jr, though she could. Well explain. I need to take an iron supplement after messing around with that suit. Well tell you more about that many cog up. Weve got a number of big individual stock moves today. Tesla on the back of strong auto sales. Bps huge settlement. Dwindling takeover hopes for yelp. Lets get to business now. Just about two minutes into the reopening of trading. Shares up about 4 going into this news halt after they got approval for t

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