and julia coronado, former economist at the federal reserve. good morning to you both. we are 30 minutes from president biden making remarks on the economy. mon, these numbers are not what economists thought we d be seeing. what are you hearing from the white house pokes behind the scenes? reporter: they re trying to highlight some of the good signals of hope in this jobs report, for instance the fact that the unemployment rate fell to 5.2%, which is the lowest it has been since march of 2020, when the pandemic of course kicked off in full swing, and so many jobs were lost, and the fact that so far, 76% of those since the pandemic began have been recovered, leaving more than 5 million jobs still to go. this is something we really got a preview of about a month ago when the president spoke on the july jobs report. he wasn t ringing a note of celebration, he was worried about the hard work to come and the potential impact of the delta virant. you can expect a repeat of those
team gb are also guaranteed at least another silver in the boxing. most remaining coronavirus restrictions in wales will be scrapped from tomorrow limits on the number of people that can meet indoors will end, social distancing rules will ease and nightclubs can reopen. a fifth of all the uk s covid, hospital patients are aged between 18 and 3a doctors warn of the dangers facing the young and unvaccinated we ve a special report. firefighters in greece continue to battle wildfires across the country it s predicted that worse is still to come. and the end of an era barcelona say lionel messi will leave the club after 21 years due to financial obstacles . gas and electric prices will go up for millions of people across the uk in october. the energy watchdog, ofgem, has confirmed its biggest increase so far to the price cap for domestic deals to cover suppliers extra costs. on average, households in england, wales and scotland on standard tariffs will pay an extra
hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are benedicte paviot from france 2a and matt dathan from the times. tomorrow s front pages. the guardian reports that britain s live events sector has finally been promised a covid cancellation insurance scheme but that the announcement comes too late for many festivals and events that have already been cancelled. the daily telegraph writes that universities are turning to entrance exams because they can no longer rely on a levels to find the brightest students. the i reports on the government s plans to deploy vaccine buses and use influencers to encourage teenagers to take upjabs. the times adds that young people will be told to get a coronavirus vaccine or miss out on fun as ministers employ veiled threats to boost waning take up rates. the financial times writes that the bank of england is to start looking at potential interest rate rises to tackle inflation. the daily mai
let s start with alphabet. the owner of google has announced record profits for a second consecutive quarter, as people stuck at home during the pandemic have used more of its services. net profits jumped by 162% to almost $18 billion in the three months to march, as advertising revenue surged by a third. analysts had expected a good performance as economies around the world continue to reopen, prompting more spending on online advertising. this has boosted google s search engine business, where revenuejumped by 30% to just under $32 billion. joining me now is masha cilliers, who s a specialist partner at be shaping the future. it is not surprising to know that google would do well, we are stuck at home, we are forced online to shop and search and do what we do. what about the months ahead as economies open up more and more? ,., ., economies open up more and more? , ., ., ., more? good morning, indeed, incredible more? good morning, indeed, incredible results more? good m