republican congress for saying no to everything this guy wants them to do. then when they get nothing done because they say no to every little thing, this little can of spam, they say no to that, they won t get this puny little jobs bill and they fire for firemen and teachers, and then you come on and say how come no new jobs? because your party gets its rocks off by saying no to everything. but the reality is, you want to throw the spam out there, but you re not worried about how much the spam costs. you re not worried about how folks are going to digest that. you can t complain about no jobs if the guy tries to get a jobs bill week after week and you say no. jobs economists have
united nations human rights officials are in an emergency meeting today. they are talking about last week s horrific massacre in syria. top u.n. human rights officials are urging the world community to throw more weight behind efforts to investigate what actually happened. 108 people died when witnesses say an armed man went door to door killing entire families, including children. ugly day on wall street today. one big reason, disappointing jobs report for may. the labor department says that employers added just 69,000 jobs. the unemployment rate ticked up to 8.2%. alison kosik is watching what s taking place at the new york stock exchange. how is this jobs number here, this report today, dragging down the markets? clearly they re responding. yes, yes. well, i talked to several traders and they told me they are stunned over this lousy jobs number that you said, the 69,000 number from may. so it s really no surprise that you re seeing a huge sell-off right now. the dow fa
strong job reports pushed stocks near the annual highs. they notched eight day of gains and briefly traded at the high for the year. both the dow and the s&p 500 stand close to their highs for 2011. retailers have their best june in 12 years as warm weather lure shoppers. urban outfitters gained 6%. first time unemployment claims dropped to a seven-week low, a sign of fewer layoffs, and another report showed companies added more than double the number of jobs economists had forecast for june and a huge jump for the previous month. all that boosted optimism for the government report on unemployment for june. yesterday they raised the forecast for the job creation by a whopping 75,000. there was bad news. oil rose over $2 a barrel as speculators gambled global demand will rise. and gas prices that dropped since may are up about a nickel since just the end of last week. finally, in a stunning
hardest by the recession. first, we are following numbers about the economy. new numbers show the economy added 103,000 jobs in the month of december. it s far fewer than the 145,000 jobs economists expected. the nation s unemployment rate dropped.4% to 9.4%. the lowest level since may 2009. it s partly because of job numbers being revised upwards and some people giving up looking for work. in all, 14.5 million people are listed as unemployed in the country. president obama talked about it as he visited a window manufacturing plant in maryland. the economy added 1.3 million jobs last year. each quarter was stronger than the previous quarter which means the pace of hiring is beginning to pick up. we are also seeing more
new jobs are being created but the pace which they are created is painfully slow, slowed down. the economy added 39,000 jobs in november. that falls way below the 150,000 jobs economists were expecting and it did help increase the unemployment rate. it went up from 9.6% to 9.8%. it held steady at 9.6 for the past three months. take a look at the employment situation for the past few years. these are the number of jobs gained or lost in a given month. you ll see after consistent losses all through 2008 and into 2009 we saw stronger gains at the first half of 2010 and now slower growth at the end of the year. christine romans who follows this closely joins me now. what do you think of this? the length we ve been at 9.5%. it s longer above 9% employment than in the 1980s which is the worst period of unemployment on record. this is a difficult time.