Department, 178,000 jobs were created in november. The Unemployment Rate fell to 4. 6 . But thats because more americans left the work force. And wages, which had been rising, fell. So despite the labor market being described as solid, some questions still remain. But as Hampton Pearson reports, that may not deter the Federal Reserve. Reporter the november jobs report, which included the lowest Unemployment Rate in nine years, may be the last hurdle to fall as the Federal Reserve considers raising Interest Rates for the first time in a year. Leading economists say when monetary policymakers meet in two weeks, markets will be focused on what the fed says about the path of future rate hikes. Our expectation is three hikes next year. Currently theyre signalling two. I wouldnt really expect them to necessarily change that. You know, in two weeks. But i do think that ultimately were at full employment, i think. And were still adding 170, 180,000 jobs a month. The drop in the Unemployment Ra
Department, 178,000 jobs were created in november. The Unemployment Rate fell to 4. 6 . But thats because more americans left the work force. And wages, which had been rising, fell. So despite the labor market being described as solid, some questions still remain. But as Hampton Pearson reports, that may not deter the Federal Reserve. Reporter the november jobs report, which included the lowest Unemployment Rate in nine years, may be the last hurdle to fall as the Federal Reserve considers raising Interest Rates for the first time in a year. Leading economists say when monetary policymakers meet in two weeks, markets will be focused on what the fed says about the path of future rate hikes. Our expectation is three hikes next year. Currently theyre signalling two. I wouldnt really expect them to necessarily change that. You know, in two weeks. But i do think that ultimately were at full employment, i think. And were still adding 170, 180,000 jobs a month. The drop in the Unemployment Ra
Created in november. The Unemployment Rate fell to 4. 6 . But thats because more americans left the work force. And wages, which had been rising, fell. So despite the labor market being described as solid, some questions still remain. But as Hampton Pearson reports, that may not deter the Federal Reserve. Reporter the november jobs report, which included the lowest Unemployment Rate in nine years, may be the last hurdle to fall as the Federal Reserve considers raising Interest Rates for the first time in a year. Leading economists say when monetary policymakers meet in two weeks, markets will be focused on what the fed says about the path of future rate hikes. Our expectation is three hikes next year. Currently theyre signalling two. I wouldnt really expect them to necessarily change that. You know, in two weeks. But i do think that ultimately were at full employment, i think. And were still adding 170, 180,000 jobs a month. The drop in the Unemployment Rate to 4. 6 had cross currents.
Peskin and joining me is supervisor norman yee and supervisor london breeds. Mdm. Clerk, are there any announcements . Please silence any cell phones or Electronic Devices and the items on the agenda will be discussed as stated. Can you please announce the 1st item . Marmotion directing the budget and legislative analyst to conduct a performance audit of the citys Real Estate Division in 2016. Are there any members of the ublic that would like to comment one item number 1 . Seeing none i will close Public Comment. Are there any supervisors that would like to comment . Yes supervisor breed . Whether or not we are actually helping individuals out of homelessness. Also more importantly and i think that many members of the public believe that we are spending this money only to basically serve and support Homeless Individuals when in fact, a lot of this money is actually going towards prevention including programs like Hamilton Family resources and homeless [inaudible] these help the indivi
Who live there when we all walk around, we lock along tompkins on her way of two like either wait depending on whether were going to all the bipolar two bernal hill. You can look down you can see scott. If the house were to put right there, you would create a problem. It would make an unattractive you and its disheartening to hear recently some of said viewed as a matter of you can see a little bit of you. You know, its a workingclass neighborhood. We are a workingclass neighborhood. And we dont get a lot of views. So, to have a little bit of to keep to maintain the integrity would be appreciated and commissioner commissioner when that project 2020 will was talked about this morning, were earlier today, commissioner wu said he was the commissions like goal to put neighborhoods and communities first. The only people who would benefit by doing such an outrageous project would be the people who own appeared someone who is making money. Ive lots of friends who are contractors, who are wiel