for this piece have the same message, they re hiring and looking for talented workers, jamie. that s good news. the numbers so disappointing, laura, thank you. thanks, jamie. the recent back slide in jobs is confusing analyst that is projected that the u.s. would add 110,000 jobs in june and they were way off. and we only picked up about 18,000 jobs last month. as we take a look at the speaker of the house, john boehner, why is this recovery so brutal and so slow? are we headed straight toward the double dip recession? joining us now is david nelson, chief strategist or bell point asset management. it s good to see you and i hate to mention this, unless we re talking about egg rolls and duck sauce, but are we headed to double dipping here? it s possible and headed in the cards and the employment report is dark. no way to paint lipstick on this pig. it was an awful number and now what made it particularly dark, when you delve into the
lowest level in two years. the service sector helped lead the way which accounts for somewhere near 90 percent of the u.s. workforce and it is expanding at the fastest rate in five years. and now peter from the fox business network at the white house. if you drill down on the numbers you can find out who is hiring and firing. reporter: well, overall the economy created 192,000 jobs last month. but, state and local governments which are in big trouble, cut 30,000 jobs so if you factor that in the private sector created 220,000 jobs last month, the high of the since may of last year, 152,000 of those in the service sector. now, drilling down more into the report, construction companies added 33,000 jobs last month, manufacturers added 33,000, as well, and health care, grew by 34,000 and retailers cut 8,000 jobs. shepard: what are folks in
doing much for the health of his company before shares spell 3.4%. jobs last took a medical leave in 2009 for a liver transplant. the big question now, could a potentially long term absence do permanent damage to the apple brand. joe brown is the features editor and he s got some insight into this development. good to have you with us. we want to get right to it. when it comes to ceos, jobs is among the elite of the elite. but are any closely as associated with the product as is he with apple? no. steve is a notorious micro manager and a really big time public figure. he comes out with the key notes and introduces the products and you can tell how passionate he is about them. and will thatthat s one thing t him at tratractive to the he ca know files. is there any jep arrested dr
in the jobs market. jobs growing at a fastest pace in four years. analysts encouraged because they this is sign that the economic recovery is finally beginning to take hold. what is driving the trend? is it enough to shift the economy into a higher gear. joining me is financial advisor and president of diversified financial consultants. dominic, is this good and what prompted it? the economy created over 1623,000 jobs last 162,000 jobs last month. a good number. some of that number, 48,000 was temporary census workers but a good number. gregg: compare this to the last recession, unemployment was what, 6%? it peaked around 6% and the incompetent lost somewhere around 6 to 8 million jobs. we re at 15-16 million jobs
some breaking news here on msnbc. the actor who played blake carrington on the 80s night time soap opera dynasty , his name is john forsythe, 92 years old, has passed away. we re just getting that news in from hollywood now to msnbc. top of the hour here on msnbc. here are the stories we re following today. today the labor department said the u.s. economy created 162,000 jobs last month. it s the biggest gain in three years. is our economy finally turning the corner? plus on this good friday at the vatican the pope made no reference to the priest sex abuse scandal but clergy around the world are speaking out. and flight attendants protesting their wages in spain are trying a new tactic. they re taking their uniforms off and posing for pictures