josé diaz-balart picks up our coverage right now. and good morning, it is 11:00 a.m. eastern, 8:00 a.m. pacific. i m josé diaz-balart. we re following breaking developments out of israel as it expands its ground operation and pushes its military deeper into gaza. we ll talk to a physician with doctors without borders about why she thinks going to a hospital in gaza could soon mean a death sentence for patients. back at home, new questions surrounding the deadly mass shootings in maine, how authorities issued a statewide alert just last month to be on the lookout for that gunman. and new polling numbers giving us a glimpse of the state of the 2024 race, former president trump still running strong in iowa, but now there s a tie for second place. in acapulco, mexico, chaos and desperation as residents form long lines for water and search for supplies almost a week after hurricane otis slammed into the resort town killing almost 50 people. and we remember actor matthew
Economist at adp. good morning, nice to see you. good morning. nice to see you. so i noticed yesterday your adp national employment report was strong, it showed private sector employment up 287,000 jobs in may. it also showed pay growth for job changers might be slowing down a little bit. what does it mean big picture? big picture we re seeing a continuation of three patterns. one, the labor market is incredibly strong, it is fragmented. manufacturing actually shed jobs in our private sector report. leisure and hospitality again a big gainer. two, that this strength is really driven by small firms, large firms seem to be pulling back on their hiring. and, three, we re finally seeing pay growth decelerate meaningfully after moving sideways for several months over the winter. so an incredibly complex labor market right now. so we know that more than 250,000 jobs were added in
The top five. interesting. amy klobuchar ta chance in iowa keeping her in the top five. a lot of movement here. do two things. moved elizabeth warren down and pete buttigieg down. two and three respectively two weeks agomany why? still strong buttigieg in iowa and pretty strong in new hampshire and iowa here. both losing a little momentum. buttigieg in slightly getter shape in terms of early states. big gainer. bernie sanders. look, had a heart attack on the campaign trail earlier this fall. a lot of people wondered will he keep running? what will he do? prospered. numbers are up. numbers look good in new hampshire, iowa and in nevada. the third and look slow and steady, may win the race. joe biden number one or tied for first in every ranking since entering the race. yes, has weaknesses but numbers are looking better nationally.
The pilot deployed the hospital s flotation device, climbed out of the aircraft, and was picked up by a nearby ferry. his only injuries were to his hand and well, his pride. let s get a check on cnn business this morning. markets around the world are mixed on wall street. futures are searching for direction this morning. barely moving. you know, they closed higher wednesday after reports the president would delay his decision to raise tariffs on auto imports. he put that off for six more months, the deadline was saturday. the s&p finished about 6/10 of a percent higher. boeing was a big gainer after reports the faa will submit a software fix for the 737 max soon rch soon. the internet has revolutionized real estate. you can research your own purchase. why are real estate agents getting their full 6% commissions, a new set of lawsuits wants to change that. for decades the system allowed home buyers to believe the
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