Account for nearly one third of all the cases worldwide. And the death toll is on track to surpass the 58,000 americans who were killed during the entirety of the vietnam war. The actual numbers are likely to be well above those milestones, as only about 2 now of the u. S. Population has been tested. President trump is about to speak about supporting Small Businesses through that paycheck protection program. You see the microphone ready. His remarks come one day after the Emergency Loan Program reopen after receiving another 310 billion in new funding. A lot of Business Owners have complained of delays and other issues with the application process. The 349 billion originally allocated for the program was doled out in under two weeks. The Navy Blue Angels and the air force thunderbirds, normally one of the great rivalries in the skies over our countries combined forces to show their support today for Health Care Workers and others on the front line of the fight against the coronavirus.
Coming in on Unemployment Insurance claims and car sales suggest that the recovery is gaining traction. Weve had three years where weve added 6. 4 million private sector jobs over the last five months, four of the last five months over 200,000 jobs have been added, important the construction sector has been adding jobs, but theres much more work that needs to be done. Too many people are unemployed, middle class families are under stress even before the recession hit so the president remains focused on strengthening the recovery and making sure that we build on the progress that weve seen so far. Granting that there is still a relatively higher than normal unemployment especially among minorities and especially among the youth, do these numbers suggest, however, that the economy is better able today to stand on its own two feet without the help of monetary or fiscal stimulus, and is it better able today to withstand the federal budget cuts or spending cuts that are in the pipeline . We
Cutting across all sectors of the economy, and that burst in hiring inspired investors. Stocks were up again today making this a week of records for the Dow Jones Industrial average. The dow rose 6 points closing at 14,397, another record high. The nasdaq added 12, the s p edged up 7 points and this is the tenth straight friday of the year that the major market averages were up. So where are the new jobs . What sectors are still seeing weakness and what is the role of the Federal Reserve in the labor market . Steve liesman has our report. Reporter a solid jobs report renewing hopes that the u. S. Economy could be chugging along just fast enough to put americans back to work. Economists are encouraged by this report but theyre concerned that the strength may not last. Thats why Goldman Sachs Economist Says the Federal Reserve is unlikely to change its easing Monetary Policy from this report alone. The question i think is more how many times months do you have to see to be convinced that
You dont believe me . Go check it out for yourself. Go ramping up, employers add 236,000 jobs in february, pushing unemployment to a fouryear low and vaulting the dow to another alltime high. The feds next move . Bill gross, manager of the worlds Biggest Bond Fund weighs in. And the american recovery, four challenges that could unleash prosperity for imperil. Good evening, everyone and welcome to our Public Television viewers. Suzie today another historic day all about jobs. It was a welcome surprise in the jobs numbers and the Unemployment Rate standing at 7. 7 tonight the lowest in more than four years. American businesses added 236,000 new jobs in february, cutting across all sectors of the economy, and that burst in hiring inspired investors. Stocks were up again today making this a week of records for the Dow Jones Industrial average. The dow rose 6 points closing at 14,397, another record high. The nasdaq added 12, the s p edged up 7 points and this is the tenth straight friday o
Coming in on Unemployment Insurance claims and car sales suggest that the recovery is gaining traction. Weve had three years where weve added 6. 4 million private sector jobs over the last five months, four of the last five months over 200,000 jobs have been added, important the construction sector has been adding jobs, but theres much more work that needs to be done. Too many people are unemployed, middle class families are under stress even before the recession hit so the president remains focused on strengthening the recovery and making sure that we build on the progress that weve seen so far. Granting that there is still a relatively higher than normal unemployment especially among minorities and especially among the youth, do these numbers suggest, however, that the economy is better able today to stand on its own two feet without the help of monetary or fiscal stimulus, and is it better able today to withstand the federal budget cuts or spending cuts that are in the pipeline . We