Solid, more than 11 million jobs have been created over the past eight years. The most recent employment reports show that at the end of 2016 the Unemployment Rate was 4. 7 that was the lowest level to end the year in a decade and less than half of the roughly 10 peak in 2009. Wages rose at their fastest clip since the Great Recession last year something American Workers have been waiting a long time for. December 2016 almost marked the 75th straight month of job creation the longest streak in the 75 years that they have been reporting. And americans quitting their jobs is rising. Confident that they can find a new better paying job quickly. The numbers look good. While every american is benefiting. Job growth has been concentrated in some industries more than others and in some parts of the country more than others. And also because the development of new technologies. So we decided to look at not just the quantity but the quality of those newly created positions. The nations employme
Crude oil prices also, which yesterday ended relatively flat. Prices have picked up slightly to 48. 25 for p ti. Brent crude up as well. Existing home sales come out at 10 00 eastern time. Expected to have a risen but at a much slower pace than march. As for earnings look for campbells soup, deere, foot locker and the buckle. Its stubhub. They got pay you 500 oh okay, how much . Oh pay me a thousand o go. Kind of a negative Interest Rate thing where they actually pay you do come. Its ban busy week on the retail front. The latest name to report. Gap. The retailer posted earnings in line with previous guidance but it is giving a cautious outlook for the rest of the year. Warning it needs trends in the Apparel Retail environment if it going to hit wall streets earnings target. Amid that slump gap plans to close all Old Navy Stores in japan. Also some banana republics, mostly outside of north america and lit do that by the end of the business year. Following the latest reports s p downgrad
I looks like it could be pricey versus the manual system. Moving a lot of workers to fulltime. The administrator was also talking about taking those later for layoffs about 1600 stopping the layoffs, maybe hiring 700 to 800. Of a lot of ideas out there that could cost a lot of money. Hard to say. Carter in on not hearing. A few minutes to chat with us. Among those ideas, anything you like . Certainly we want to look at all the idea can consider them. Just recently, i think this week in atlanta and the jacksonville airport, they started with the new bins. Well see how that works. Supposedly thats one of the ideas that will help save time as far as letting people know how much the way it is. You know, back can have a double in fact. At the same time you have an idea how long its going to be before you get through the line. Neil you know, just make for you guys to you. Im always here to help americans. Why cant they stagger schedules with either peak level Ticket Pricing or the like so th
Lets get to bob pisani on the floor of the New York Stock Exchange. This is what it sounds like when doves fly. Very good. That was a good song. The important thing about it is since yesterday, were up 1. 5 . The s p 500, we turn positive for the year. Lets look at what the markets are doing in the middle of the day. Brian is right. Were in a bullish situation now. Two to one advancing declining stocks. New highs are expanding 200 at the nyse. Volume is on the moderate side. Volatility, well, the vix is at new lows for the year essentially. So lets take a look at the s p 500, we are at highs for the year and, yes, thats only about up 1 . Well take that and most of those gains for the year have come just in the last 24 hours. Big caps, new highs, i mentioned some expansion of new highs and we have ge and coke and johnson and johnson, all names you know at new highs. United health. We track that on an intraday basis. Travelers also on the upside here. So most of the new highs recently ha
To the court and allowing the subscriber to raise whatever objections they have before the court. Like i said, its interesting that some of the testimony thats been giving here, i think its very concerning from some issues of anecdotal evidence and real evidence and discussions, especially on the sec side, when youre giving, you know, your own report saying youre doing more than youve ever done this, yet without this, by choice or decision, however you want to do it. Mr. Calabrese, one last question for you, because my time is now over. But in dissent from the sec request, the commissioner wrote, i am not convinced this is necessary to maintain the efficiency of law enforcement. On the other hand, i am concerned that the judicial mechanism could entrench authority that have potential to lead invasions of privacy and in some circumstances may be unconstitutional in practice. Do you agree or disagree with his concern . I do worry that we will create an unconstitutional or incredibly reck