Transcripts for CNN CNN NewsNight With Abby Phillip 20240608 02:44:15 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
jobs were added in may, blowing in past expectations cnn s matt egan joins us now, mat were kind of in a pattern here where we talk about how great the jobs reports are. but then it kind of highlights the fight that the fed is continuously had with inflation, right? that s right, boris, i mean, the jobs market is relentless just when it looked like things were slowing down, we find out today that hiring unexpectedly accelerated in may 272,000 jobs added. that is a strong number in any environment, it crushed expectations and it s looking more and more but like that s slowdown in april was really just a blip. clearly, there is still a lot of demand out there for workers wages rose sharply, notably increasing more than prices did. and really there was across the board strength when you look at the sectors, there were 68,000 jobs added in health care alone and other 43,000
the chuck schumer deal was for every democrat running for reelection to say see, we had a deal that would have fixed it but a mean old republicans would not agree to it. that s a joe botton is doing it now. i will make a prediction dressy, and the next few months, he was he the numbers drop down a little bit. it s just what biden did with gas prices, his disasters record, he wants his innovation and so does every other democrats. jesse: the numbers with inflation, the jobs reports, we do it all the time. won t be fooled. senator ted cruz, we think is always. and thank you. jesse: hundred biden s gun trial and a former sex cult member, ahead. [ ] new sensodyne clinical white provides 2 shades whiter teeth and 24/7 sensitivity protection. i think it s a great product. it s going to help a lot of patients.
Friday’s Jobs Report was weaker than expected. All metrics missed expectations. Taken in conjunction with this week’s dovish FOMC meeting, the odds of Fed easing are rising. The US dollar dropped –0.8%. It has now shed –1.87% since Wednesday’s high.