I wanted to make sure we were on the right track and i didnt mess anything up. Wanted to welcome secretary. I dont think anybody who had a better unanimous vote. It was extraordinary and the way we got to the decision working together and was extraordinary. I commend the Ranking Member on his help doing the same. We have some thing to talk about budget wise. We can keep the same tempo and same commitment to make sure we all know what happens before it happens and well be better off. I appreciate all they have done in our meeting to explain where they are going. It is upward and outward and further ahead all along. I will make a long statement except to say a couple of things. I dont want to make this today but one thing i have to brag about, the certainer decision in getting our electronic after years of unwillingness is extraordinary. There are signs people were coming together in the past and makes sure it happens and works for our department of defense and the department of veterans
Action. We will get june jobs figures in less than 30 minutes. A strong report would give more ammunition to fed policymakers leaning toward raising Interest Rates in september. 233,000 jobs. There will not be any more negotiations from greece and a new poll says the vote is simply too close to call. 47 of greece leaning toward a yes vote. 43 favor no endorsement of the governmentss position. This morning, the greek finance minister spoke with guy johnson about the proposal. If we sign that agreement, in 12 months, we will be even closer to insolvency. I am not going to put this question to people. It is a senseless question. They agree greece will want us to stay in euro. How to achieve that. Stephanie he also said he will quit if voters do not support the government the governments position. We will speak with Erik Schatzker in athens in just a minute. Matt a takeover in the Health Insurance industry again. The price is six . 8 billion in cap. Medicaid, health matt, health net an apa
Ahead of this take a look at the futures. You did see an update for the markets but now things are relatively flat based on the big swings we have seen this week around greece. It does look like were looking at green arrows with the dow futures up 24 points. S p futures up by 5 and nasdaq up by 10. Greece negotiations between athens and creditors, thats off. At least for now. Everything is in a Holding Pattern ahead of this referendum off the countrys future that comes on sunday. It would back pension cuts and other measures and a no vote could trigger greeces exit from the euro despite the attempted reframing by the greeks. We have a lot more from michelle in athens and shell be with us in a couple of minutes. I agree with the greeks. I dont think either one would result in an exit. Theyre saying a no vote means that we should go back for tougher negotiations and the other europeans are saying thats not what that means. I think both sides are do you remember suicide isnt painless . Yo
Almost a week having gone by we are two, four six. We are now 2. 389. Lets get to our road map this morning. As you expect it starts with the employment number. A steady increase in jobs added last month. Unemployment ticked down to 5. 3 . Perhaps some worries as the Participation Rate slowed. As we head into the weekend, no deal insight for greece. Finance member is threatening to quit if the vote is yes. We will get information live from the market. Deals continue in health care and paypal buying zoo. Here are the numbers for the jobs. Nonfarm payroll, up 223,000. Gains in april and may, revised downward. The Unemployment Rate fell to 5. 3 a sevenyear low. The labor Participation Rate declined as low as it has been since 77. Wage growth stalled. Average Hourly Earnings came in flat. Later this morehour, we are going to look at the obama administrations numbers. We sat down here. He said not so great. Not so great on the headline number. A little disappointing. Still under 2000. They
Ahead of this take a look at the futures. You did see an update for the markets but now things are relatively flat based on the big swings we have seen this week around greece. It does look like were looking at green arrows with the dow futures up 24 points. S p futures up by 5 and nasdaq up by 10. Greece negotiations between athens and creditors, thats off. At least for now. Everything is in a Holding Pattern ahead of this referendum off the countrys future that comes on sunday. It would back pension cuts and other measures and a no vote could trigger greeces exit from the euro despite the attempted reframing by the greeks. We have a lot more from michelle in athens and shell be with us in a couple of minutes. I agree with the greeks. I dont think either one would result in an exit. Theyre saying a no vote means that we should go back for tougher negotiations and the other europeans are saying thats not what that means. I think both sides are do you remember suicide isnt painless . Yo