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Transcripts For BBCNEWS Verified 20240703

The Business News now with samantha simmonds. We begin in the us and the Strike Action affecting the auto industry. Because us President Joe Biden is today expected to join workers on the picket line in michigan. The industrial unrest has highlighted a clash between the president s support for unions and his push for clean energy. 0ur north America Business reporter, erin delmore, joins me. Good to see you. Joe biden s visit comes a day before donald trump is due to visit the picket line. Is it more about politics or the issue at hand for the president question both candidates are vying for a crucial block of voters in the 2024 election, and even though it is more than a year away they are focused firmly on it. Michigan is a critical swing state, a must win for biden and donald trump, as you saw when he won in 2016. President biden took the state in 2020. They are peeling to the workers and try to show solidarity. President biden is standing with Union President s and shoulder to shoul

Detailed text transcripts for TV channel - MSNBC - 20190201:18:26:00

4%. and the reasons to look at the other number as well. this one is up by 5/10 of a point. these are the four biggest. 74,000 jobs were added in construction, 52,000 in health care. health care is always a big gainer. even through the recession you saw health care jobs increasing largely because of our aging population. transportation added 42,000 jobs. and warehousing added 27,000 jobs. so that s the top line picture of this employment report. i want to dig into this a little more with diane swonk, economist at grant thornton. diane, good to see you. the question i m getting on twitter from people, where does the shutdown figure into this? it s interesting it s more in the unemployment data and also the number of people taking part-time jobs instead of having full-time jobs. that actually added to that u-6, the stress figure of unemployment popped it over 8% during the month. over half a million people

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