versus warren s ideas have to feel good about that as republicans. bill: you come back, okay? 2016 the reboot. bill: save it, okay? thank you all. back in a moment with that. julie: all right. will the shake-up in iowa last? we ll talk to one of the 2020 hopefuls. john delaney is our headliner. bill: looking forward to speaking to him. new numbers on the economy. to americans feel a recession is on the way? how do you feel? the money man is charles payne and he will tell us coming up next. payroll jobs are coming in well above the level that new people entering the labor market. i wouldn t see recession as the most likely outcome for the united states or world economy for that matter. and we switched to geico; saved money on our boat insurance. how could it get any better than this? dad, i just caught a goldfish! there s no goldfish in this lake.
he s under attack from the president. jerome powell came out yesterday and actually agreed with the president, down-playing fears of recession. watch. we re not forecasting or expecting a recession. the most likely outcome outlook for the united states economy is still moderate growth, a strong labor market and inflation continuing to move back up. payroll jobs are coming in at well above the levels that new people are entering the labor market. that means the labor market is still tightening at the margin. by so many measures the labor market continues to strengthen. so the cons r her the consumer. really, our main expectation is not at all that there will be a recession. to be clear, he s still saying, jerome powell as fed chair, he s concerned about the trade war and there s uncertainty there. he s not completely on-board with what the president said on the economy but you here there him laying out all kinds of optimistic numbers and saying in fact that he feels good about
breaking news this hour, in switzerland, the federal reserve chair announcing that the fed is not forecasting or expecting a u.s. recession. how worried should we be about an upcoming u.s. recession, given all of the talk in the media, do you see a particular shock that could trigger a recession. so we re not forecasting or expecting a recession. as i mentioned, incoming data for the united states suggests that the most likely outlook for the united states economy is still moderate growth, strong labor market and inflation continuing to move back up. i went through the numbers, i ll say a little more about the labor market, payroll jobs are coming in at well above the level that new people are entering the labor market and the labor market is still tightening at the margins. the labor market continues to
is that what is coming here from cummings and others? there is this balance. every party does it to the other party when they are on different sides. republicans did if to democrats. democrats did it to republicans. we did it to clinton and obama. they did to to bush. they will do to trump. part of it is politics. they need to satisfy their base and part of it is policy. what i would argue, though, is that with everything happening that s under the president s watch, just last month you saw 312,000 jobs grow. you have seen 2018, 2.6 million payroll jobs, the highest since 2015. there is a lot of good going on. businesses are growing. manufacturing is on the rise. a lot of positive things are happening to the american workforce. what we don t want to dice stifle that through this. they have a role. no question about it. they have every right to look at these different agencies. there is a difference between
construction and manufacturing sectors. another 50,000 were in retail. the unemployment rate was left unchanged at 4.1% and economists believe the job gain show businesses are confident that the trump administration tax cuts help the economy grow. stocks surged because of the report. dow jones rose nearly 2% and nasdaq jumped to 7560 and s&p 500 also rose nearly 2% closing at 2786. employment expanding statewide. the state added over 35,000 payroll jobs in january. the state s unemployment rate fell 4.4%. that s the lowest rate since the employment development commenced the recordkeeping format in 1976. one former edd director said the state approaches nearly 100 months of job growth. 8 out of 11 job sectors saw gains, so what that means is across the board whether it s high skill, low skill, high