The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layoff, that category of unemployment has continued to move high
The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layoff, that category of unemployment has continued to move high
Tom cotton on his calls to hold china accountable as well as his controversial New York Times op ed calling for a military response to the protests. Tim scott and trey gowdy on how to put society back together again, all this as senator Lindsey Graham interviews his first witness this past week on the origins of the investigation into a sitting president. Hell have breaking news on who his committee will subpoena next. All this right now as we look ahead to sunday morning futures. Maria the u. S. Economy looks to be on the rebound after a better than expected may jobs report on friday. The dow industrials jumping some 800 points on friday, joining me right now to assess where we are is the white house trade advisor, peter navarro. Always a pleasure to see you. Thank you for being here. Good morning. Beautiful day here in washington. Maria we were all expecting another decline in jobs, loss in jobs in the month of may. We had two andahalf million jobs created. Has the recovery begun, pe
The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layoff, that category of unemployment has continued to move high
Jury evidence from the mueller russia probe to try to impeach trump again. This is happening. A republicanled committee in the senate for the first time voted to issue subpoenas involving the bidens conflicts of interest in ukraine. Also this, republicans looking hard at a newlydeclassified email susan rice sent to herself on Inauguration Day on 2017 to determine whether or not former president barack obama, joe biden and other obama officials abused their power. Improperly influenced both the fbis probe of the Trump Campaign and targeted Michael Flynn. These officials, it is happening, including susan rice deny knowing anything about surveilness. Republicans moving to subpoena these officials. The push to get them accountable for conspiracy, perjury, for lying to congress, can that happen . Will that happen . We have potential examples there Senate Majority leader Mitch Mcconnell saying democrats, stop trying to fish for another impeachment. It aint playing. That debate, could it happ