donald trump or we re now sayers against donald trump, but because the markets are the markets and they re sitting at record highs now and they cross these milestones seemingly every day. you cannot dispute the fact that the economy is going pretty decently right now. of course it needs improvement. the jobs picture s starting to look a little bit better. things are going well overall for the u.s. economy. we re not standing at the brink of recession. all of those russieasons are th reasons why the market is sitting where it is right now. the question is how much more will it take to keep these markets here at these levels. we need more from the corporate profit picture. and of course for investor sentiment as well. we want people still feel like the market is a good place to be. just last week, i heard one of the smartest guys in the market, he thought gdp could reach 4%. president trump just tweeted about the economy saying, quote, do you notice the fake news mainstream media never
trump took office. although you look at the trend, it s not quite trending to the 25 million he promised to add within 10 years. the if you want to see that you need to see an average of 208,000 jobs added per month. what else? what are the other takeaways, unemployment falling 4.3%. the this is the lowest level in 16 years. we re approaching this level of unemployment that economists like to call full employment. the interesting phenomenon going on here is it s a double-edged sword. you re seeing a ton of job openings but ploy employers are having a hard time filling them. wages rose only two and a half percent compared to last year. the that s the wunl sticking point we re seeing with the jobs picture. those wages aren t accelerating fast enough. thank you very much. the lowest in 16 years of the thank you for all of that. so, tonight, on cnn, there s a new special report called fatal attack shn or fatal mistake. and this is the carolyn warmus
the labor that you need. this bill does not affect any short-term workers. thoseviewsars those visas are not touched by the bill. what it cuts is anyone on the path for permanent residency via a green card and someday citizenship. the problem is, you have all those workers who come in who can t pursue a life in the states. it creates downward pressure on them. there are many economists who argue what the white house is proposing is not actually good for the american economy. but there s a question about whether it could have an affect on wages you look at the u.s. economy, jobs picture. we have an aging population. those lowered skilled jobs, those are valued positions in construction and in agriculture. let s move to the bill itself. introduced by david purdue and tom cotton. you know, already getting some feedsback from republicans like
joins us live from london with more on what the first week of the new year holds for stocks. hi, shiba. it s been an ugly start for the new year for stocks globally. dramatic sell-off in china and here in europe the main indices down about 2% and looking ahead to the u.s. open, the first day of the year stock futures are pointing to sharp declines more than triple digits on the dow at this stage and a few factors in play, the china factor i already mentioned, data to the light side but also the escalation and tensions between saudi arabia and iran really keeping investors on risk off mode here. keep in mind investors have a few key data points to watch today, the ism manufacturing report and later in the week on friday another check on the jobs picture. for now, back to you. nancy holgrave, thank you. joining us live from london. we want to switch over to sports now, and the nfl regular season finale, we begin with the packers hosting the vikings on sunday night football to green
dividends which tends to keep the price steady. are we through the worst of the volatile times? more volatility for a while. i m off and rolling. okay. we ll see. we continue right now. did you see the bummer for j jobs? maybe that s why one of the largest unions gave hillary clinton a snub. hi, everybody. welcome to forbes on fox the steamsteres holding back from endorsements planning to meet with candidates on both sides of aisle including donald trump. they haven t backed a republican since ronald reagan and george h. bush. some say the jobs picture may bring us back to the future. are they right? let s go in focus to fine out with lizzeth macdonald, mike ozanian, bruce and mike. with the lousy numbers could the