Off and stocks ended higher. American businesses added only 142,000 jobs in august, now thats not a bad number, but its much lower than expected and julys numbers were revised lower by 30,000. Despite that, the nations Unemployment Rate kicked a notch lower to 6. 1 because so Many Americans gave up looking for a job. What happened . Where did the jobs go . And after six months of gains and a string of encouraging data about the economy, do these numbers even make sense . Hampton pearson has more. Reporter the Retail Sector are a net loss of 8,000 jobs led the way in the unexpected august slow down in hiring. The sectors weakness was cost by 17,000 workers temporary out of work due to the strike at the new England Grocery store chain market basket. The overall weak number broke a sixthmonth streak of employers adding over 200,000 jobs leaving economists and government officials saying the numbers dont make sense when compared to recent trends with strong auto sales and gdp growth and Co
American businesses added only 142,000 jobs in august, now thats not a bad number, but its much lower than expected and julys numbers were revised lower by 30,000. Despite that, the nations Unemployment Rate kicked a notch lower to 6. 1 because so Many Americans gave up looking for a job. What happened . Where did the jobs go . And after six months of gains and a string of encouraging data about the economy, do these numbers even make sense . Hampton pearson has more. Reporter the Retail Sector are a net loss of 8,000 jobs led the way in the unexpected august slow down in hiring. The sectors weakness was cost by 17,000 workers temporary out of work due to the strike at the new England Grocery store chain market basket. The overall weak number broke a sixthmonth streak of employers adding over 200,000 jobs leaving economists and government officials saying the numbers dont make sense when compared to recent trends with strong auto sales and gdp growth and Consumer Confidence and jobless
142,000 jobs in august, now thats not a bad number, but its much lower than expected and julys numbers were revised lower by 30,000. Despite that, the nations Unemployment Rate kicked a notch lower to 6. 1 because so Many Americans gave up looking for a job. What happened . Where did the jobs go . And after six months of gains and a string of encouraging data about the economy, do these numbers even make sense . Hampton pearson has more. Reporter the Retail Sector are a net loss of 8,000 jobs led the way in the unexpected august slow down in hiring. The sectors weakness was cost by 17,000 workers temporary out of work due to the strike at the new England Grocery store chain market basket. The overall weak number broke a sixthmonth streak of employers adding over 200,000 jobs leaving economists and government officials saying the numbers dont make sense when compared to recent trends with strong auto sales and gdp growth and Consumer Confidence and jobless claims falling. I dont believe
Now, secretarygeneral of the united nations. President sf four travel. Not george bush, senior, but other living president s with president obama. I thought the New York Times article on travel, 16 hours on air force one, having them all on board, and they made it quite. It is at a soccer stadium. One of three public events. 90 thousandf people. It is not a holiday in south africa and train stations at the outskirts of johannesburg most people going to work as if it was a normal day. A lot of people showing up. We will bring the full comments of president obama in johannesburg when he speaks at the Memorial Service for Nelson Mandela. Lets look at stocks, bonds, currencies, commodities. The mood continues. Higher and higher. We wonder if we will hit dial the dow a20,000 by the end of the year. A quiet economic week. The euro moves this after against the sterling after governor mark carney spoke in new york yesterday. Stronger euro. Nymex crude churns. Renting market moves. Koran moving
Good morning, everybody. You are watching the pulse. We are live from bloombergs European Headquarters in london. This is what is coming up. A celebrity chef joins the pulse. He will give us his take on Restaurant Trends and a sneak preview of his new tv series. That is 30 minutes from now. Another interview you will not want to miss is with microsoft exec satya nadella. He has been shortlisted as a possible successor to Steve Ballmer. He speaks with us exclusively at the top of the next hour. We begin with an exclusive conversation with mark carney. He spoke with charlie rose about the state of the u. K. Mortgage market, calling it rocksolid. What do we need to know . What did he say . We are looking at a recovery in the wider economy in the u. K. And you have got to think about what is important. What is the risk of the low rate policy . The big issue at the moment is the u. K. Housing market. It is a big issue. This is what mark carney had to say to charlie rose. If you look at that