month in february we added 233,000 private sector jobs. more companies are bringing jobs back and investing in america. and manufacturing is adding jobs for the first time since the 1990s. we just had another good month last month in terms of adding manufacturing jobs. and this facility is part of the evidence of what s going on all across the country. this company is about to hire more than 200 new workers, 140 of them right here in petersburg, virginia. so the economy is getting stronger. and when i come to places like this and i see the work that s being done, it gives me confidence there are better days ahead. i know it because i would bet on american workers and american know-how any day of the week. the key now, our job now, is to keep this economic engine churning. we can t go back to the same policies that got us into this mess. we can t go back to an economy that was weakened by outsourcing and bad debt and phony financial profits. we ve got to have an economy that s
cnbc s becky quick is here. all right, becky. now the dow is not so excited as it was earlier in the week. no, no. it looks like we ll open down by another 10 or 15 points, chuck. and this comes even after we get good economic news. yesterday we pulled back by about 25 or 27 points so, yes. 13,000 is still there. we didn t quite get to that level at least for a close yet. we ll make another challenge today potentially. right now as i said it looks like things are lowered despite a better than expected economic number and that is the jobs report out at 38:30 this mornin. the number came in at 351,000 for the weekly jobless claims, a lot better than many people had been anticipating right in line with what we saw a week ago. surprisingly strong number just in terms of a better than expected number and well below the 400,000 people look to so often as a real key as to whether we re seeing improvement in the jobs market. again, this is the lowest level tied with last week for the low evi
the president has started speaking. he is outlining a new agency that s meant to protect you and protect your money. unfortunately, the signal is down. can t bring it to you live but as soon as we get it, we ll turn that tape around. but he has mentioned already he s been talking about the good jobs numbers coming out of the jobs numbers from december, about the unemployment rate that has dipped down just a little bit. he s also talking about this new agency that s meant to protect your money. he s thanked elizabeth warren for getting that agency started. it is a controversial proposal, a lot of republicans say we don t need any more agencies or bureaucracies to protect consumers. the president doesn t agree. we have encouraging news about the job market and the economy. latest jobs report out today shows hiring picked up in
similar bombings two weeks ago on al qaeda. the opposition accuses the government of staging the blasts to back up a claim that it s fighting terrorists. iran planning more war games. state-run media report another round of military drills are going to take place next month in the straight of hormuz. the most recent exercises ended just this week. tensions now have been rising over this strategic critical waterway. iran threatened recently to block the strait if new sanctions harm iranian oil exports. the government also threatens to take action if u.s. air craft carrier goes through the strait. italy s mount etna roaring back to life. ireporter joseph posten caught all of it on video. he said it started rumbling yesterday morning. once he saw the huge ash cloud he pulled out the camera and his eruption reportedly poses no danger to villagers. so far no flights have been canceled because of that big ash cloud. well, new orleans. city leaders there say teenagers not welc
that dallas, honolulu, and atlanta are among the top five cities with the most credit card debt. which two cities top the list? jacksonville, florida, comes in at number two, and san antonio, texas, is the city with the most credit card debt. the average amount owed there is slows to $5,200. let s see how the marks react to the february jobs report out. alison kosic is on the floor of the new york stock exchange. alison, watts going on with investors into the markets today going into the weekend? i think we ve gotten all of the gains we can get out of the jobs report. yesterday, the markets had a really good day, the dow up 200 points almost, and it was on the expectation we would have a strong jobs report today, and we did. the problem is it didn t blow it out of the water. wall street expected better. that s why the markets are lower. the dow down 68 points and the