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unemployment rate holding at 3.6%. bill: that might be a bit of welcome news after wall street s worse day in two years. the dow closing down more than 1,000 points. maria bartiromo is here. we re on the air live to you and good morning. hello, bill and dagen. bill: i was watching fox business last hour. size it up? is it getting better, worse, treading water do you think? well here is the deal, bill. this is a good report. there is no doubt about it. unfortunately it is not good enough to change a narrative which has been all about inflation. here are the details. 428,000 jobs created in the month of april. much better than the expectations. we were expecting 390,000. the problem is the wages. wages were up 5 1/2% for the month of april. initially markets saw that as a positive that goes back down from the month before. in the month of march wages were up 5.6%. however, when you look at the inflation that we re talking about, inflation is running at 8 1/2%. so ....
domestic catastrophes threatening to overw em the president s team. there is a crisis everywhere. critics calling their performance as a national face plant. bill: 30 minutes ago prices are rising at the fastest rate we ve seen in four decades. that after a gdp report that shocked analysts. showed the economy actually shrinking for the first time since before the pandemic. dana: the border crisis looming large. federal judge ruling against the president on his plan to repeal 42. that set back comes as republicans threaten to dhs secretary mayorkas. bill: the president is bracing for a long way in ukraine asking congress for $33 billion additional, $20 billion of that in military aid. moments later russia bombarded kyiv with missiles. the first major attack oon the capital in weeks. live to the white house we begin with alexandria hoff, big job there today. good morning. plenty of issues at home, too. if americans are traig to gauge how concerned they should be a ....
inflation running rampant, price of gasoline return to seven-year high it reached in november, that is when the president taps into america s oil reserve to push prices lower. now more than 60 days later, right back where we started on that number. dana: we ll hear from the president later this morning on new numbers after the white house really tamped down expectations. the president is expected to deliver remarks from the white house 10:45 eastern and we find peter doocy there at his second home, the white house. hi, peter. peter: good morning. officials for days have been setting expectations for this report, very, very low, suggesting that they thought it was going to be bad because of covid. but this would be situation where they are happy to have been wrong. press sect. psaki: the month s job report may show losses because workers were out sick from omicron at point it was peaking. fu are not at work because of the omicron variant, you are not going to be ....
trace: that is a snub. come on. those are the years he became the goat, didn t have a word for them, maybe he will later on in the day, sandra. sandra: can t wait to dig into that in just a bit. meanwhile, fox news alerting off the top of the hour here. america s crime crisis, the paternal order of police slamming the white house and press secretary jen psaki. nation s largest police union saying the increase in violent crime is no laughing matter. hello, and welcome everyone, i m sandra smith in new york. great to be with you trace. trace: trace gallagher in for john roberts. critics accuse her of laughing off the crime crisis. union chief says it s nice she feels safe in the white house but not everybody is feeling safe. at least 16 cities set records for homicides in 2021 and dozens of police officers have been shot so far this year. we have team cox coverage. charlie hurt with his reaction in moments. sandra: sad state of affairs when you point to the number ....
oakland the naacp calling out the cities defund the police and movement blaming it for the dramatic rise in crime it. san francisco community activist former mayor ariel candidate richie greenberg will join us with his thoughts and just a moment. but first must go to christina coleman she is live in los angeles with a more on the story, christina. high arthel part oakland naacp chapter is calling city leaders to declare a state of emergency due to these out-of-control crime and a scathing letter to city leaders they say leadership the movement to defend the police and proliferation of anti- police rhetoric have created a heyday for criminals. frustration over all the murders, armed robberies, carjackings and other crimes oiled over in a public safety meeting near oakland on thursday. residents are urged city leaders to do more to stop repeat offenders. he just drive around and pick a victim. it is getting scary and fearful. how do we stop this hamster wheel of cri ....