and more debt. give us something to look forward to. the job market is still strong for workers, jobs are out there. i don t know how long it s going to last. but it is sort of ironic that today in the wall street journal the lead editorial by janet yellen, unbelievable piece. and the minute that report comes out, fox poll comes out, 80% of americans don t agree with her and the 900 point decline in the stock market. by the way, when trump was president the number for people rating the economy good or great was around 60 to 65%, so to go from 60 to 65% approval on the economy to 20%, that s bad news politically. people are feeling the financial strain. sandra: and it s showing up in the polls. number of americans who say they are living paycheck to paycheck, it s hovering around 60, now 63% living paycheck to paycheck in
sandra: confirmation of the devastating consequences pandemic school shutdowns had on american children. recent scores on a key national test show a massive drop over the last two years in fourth graders education progress. new york times headline reads the pandemic erased two decades of progress. david lee miller is live with more on what we re seeing in this latest report. david lee. the nation s schools got a failing grade based on a government report that showed a big drop in post pandemic math and reading test scores for 9-year-olds. test results from this year compared to early 2020 showed a 7 point decline in math.
a little more coverage on fox and friends. we ll see you then. look forward to the beautiful sights of london and big ben behind us. thanks so much for joining us for all of this coverage. see you a couple more times tomorrow and then back to new york. your world starts right now. have a good evening. neil: all right. we finish down on the week thanks to or blaming 349 point decline on the dow today. amid concerns that we have a job report that came out that was okay, but it reinforced concerns we re going to continue to see the federal reserve hike interest rates. a run up at the pump that goes unabated didn t help matters, this is the week that we saw day after day, record prices for a gallon of gas. they re going still higher. welcome. i m neil cavuto, this is your
the u.s. stock market. colin mcshane is more. the markets are still down around 750 points. it is. reaction has been swift since we open they had morning. somewhat predictable if you think about it. it shows us that the worst case scenario such as it is in ukraine and playing out now in ukraine was not factored in completely by investors before this happened even though we had seen something in the run-up. stocks have been down. down more. oil has been up. up more today. i will say the european market reaction has been worse than ours because european economies are linked more closely to russia and to ukraine than the united states. but this is a global market story no doubt about it. dow down 700 points. if it continues along the pace it s on right now the 750 point decline, the dow would enter what we define as a correction. 10% drop off recent high. tech heavy nasdaq worse enter bear market territory at 20% drop-off from eent high.
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