Expectations. Meanwhile, the Unemployment Rate dropped below double digits for the First Time Since the shutdown, plunging to 8. 4 . Joining me now to discuss this and more, former jpmorgan chief economist anthony chan. Anthony, thank you so much for joining us. You know, the headline number might have been in line, but you get underneath and look at some of the details in this. This is a pretty impressive report, and lets start with the Unemployment Rate at 8. 4 . I think wall street was looking for 9. 8 . Charles, this is a great report from that perspective. I get very excited when i see Unemployment Rates go down. That really tells you that thats going to throw a real breath of fresh air for the American People as they see that were making Good Progress on the Unemployment Rate. I was especially excited about the fact that the black Unemployment Rate dropped sharply, and so did the hispanic Unemployment Rate, which is something that we badly need. The only thing that bothered me a
Pretty much in line with expectations. Meanwhile, the Unemployment Rate dropped below double digits for the First Time Since the shutdown, plunging to 8. 4 . Joining me now to discuss this and more, former jpmorgan chief economist anthony chan. Anthony, thank you so much for joining us. You know, the headline number might have been in line, but you get underneath and look at some of the details in this. This is a pretty impressive report, and lets start with the Unemployment Rate at 8. 4 . I think wall street was looking for 9. 8 . Charles, this is a great report from that perspective. I get very excited when i see Unemployment Rates go down. That really tells you that thats going to throw a real breath of fresh air for the American People as they see that were making Good Progress on the Unemployment Rate. I was especially excited about the fact that the black Unemployment Rate dropped sharply, and so did the hispanic Unemployment Rate, which is something that we badly need. The only
1. 37 million jobs in august, pretty much in line with expectations. Meanwhile, the Unemployment Rate dropped below double digits for the First Time Since the shutdown, plunging to 8. 4 . Joining me now to discuss this and more, former jpmorgan chief economist anthony chan. Anthony, thank you so much for joining us. You know, the headline number might have been in line, but you get underneath and look at some of the details in this. This is a pretty impressive report, and lets start with the Unemployment Rate at 8. 4 . I think wall street was looking for 9. 8 . Charles, this is a great report from that perspective. I get very excited when i see Unemployment Rates go down. That really tells you that thats going to throw a real breath of fresh air for the American People as they see that were making Good Progress on the Unemployment Rate. I was especially excited about the fact that the black Unemployment Rate dropped sharply, and so did the hispanic Unemployment Rate, which is something
We will have some cool down again next week ill pick after today we will have a little warmup but a lot of fog and storms in the mountains erupting the last couple of days. A little overcast and breezy to just a roaring delta wind at some Higher Elevations of 30 . 50s and 60s on the temperatures and there is some sun breaks but thats a pretty decent fog wake when you get 3045 mile per hour wins out there setting the stage for cooler day today. That fog bank is large and temperatures mostly below average today. In the city, do you want to start their . We do want to start in the city. Thats for sure. We have a big problem. A couple of different crashes with one car on fire on 80 westbound right here in symphysis go. You can see that it looks like the bar may be out but the lanes are blocked here from that picture we are showing you from a caltrans camera. I can put it on the map for you here and show you what it is doing to traffic. And slowing all the way across the bay bridge. Here is
Government the talks right now on ice and well hear what leadership from both sides of the aisle is saying without that stimulus money, major cities in the United States are kind of stuck between a rock and a hard place and a new report lays out how bad things could get power lunch starts right now it does welcome the power lunch. Tech continues power ahead with the nasdaq leading the way near its record high which it hit on august 7th one tech stock not joining the party. That would be cisco having its worst day since 2011 even though the s p isnt there yet, its pretty close but not there yet. Check out the names hitting record highs tyler, back to you the stimulus stalemate in washington continues today threatening to further delay payments to struggling americans and failing to provide much of a boost to the u. S. Economy. Lots of big names on cnbc talking about the issue today. Lets go to eamon for more. Reporter its a total stand still. While theres not a lot of real negotiations