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correspondent john harwood, both standing by. matt, there is some good in here, including revisions to prior months, but still undershot, the forecast. what happened? yeah, jim. at first glance, this did look like a big dud. just 210,000 jobs added in november, less than half of what the consensus was on wall street from economists. it s also the weakest number of the entire biden presidency. job growth was supposed to be up in leisure and hospitality, but it barely budged. the retail sector actually lost jobs. when you dig into the numbers, there are some positives, starting with the unemployment rate, which fell to 4.2%. that is the lowest of the pandemic. keep in mind, unemployment was nearly 15% in april of 2020. there s been enormous progress since then. also wages are up very sharply. they re not keeping up with inflation, but that does show really strong demand for workers. also, more americans are getting back into the workforce, the labor participation rate c ....
fleury sent this report. the december notes from the us central bank s last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting meeting this year starting january 30. investors are holding their breath is benefi ....
america s late news, fox news at night . and breaking, jewelry store owner was robbed and beaten, including with a hammer. the attack was caught on camera and yet the slamdunk trial productive be a hung jury the chief correspondent jonathan hunt is live in the newsroom with what happened jonathan, good evening. let s take a look at part of the video shown to the jury in wilmington, delaware. the jewelry store owner being violently beaten by a robber wh after initially attacking and then stopping pieces of jewelry into a bag returns to be the store owner once again, hitting him with a hammer. my father experience not jus a robbery, but a perfect assaul that changed his life and our family. my father was able to call 911 and coming away from this near deadly definitely a counter alive. he spent several days in intensive care and one year fro the robbery and attack him is still recovering. police at the roco was 39 -year-old calvin audrey and that his trial last w ....
one of nine maximums and 15 fours in his 124 ball innings that shot beating the previous best of 180 made byjason roy in 2018. well, that helped england to 368 all out, stokes ably supported by dawid malan who made 96 off 95 balls. who made 96 off 95 balls. england did lose their last four wickets forjust eight runs. new zealand are now into bat and are currently 32 for 3the series stands at 1 each going into this one. the sides meet in the final one dayer on friday at lords. at the davis cup, great britain are playing the first of their three round robin matches in manchester kicking things off against australia as they look to get through this group stage and reach november s knockouts. and what a davis cup debut for 21 year old jack draper up against thanasi kokkinakis in the opening singles rubber, who s 32 places above him in the world rankings. he won 6 7 6 3 7 6. dan evans is now taking on alex di minaur in the second singles match. evans eva ns ha d evans ....
and coming up on bbc news, england boss gareth southgate condemns what he calls the ridiculous treatment of harry maguire, saying the criticism the defender has faced is a joke. good afternoon and welcome to the bbc news at one. more than 5,000 people are now known to have died in devastating floods in the east of libya. to have died in devastating floods thousands more are missing, and at least 30,000 people are now homeless. two dams collapsed in the city of derna after a storm hit on sunday, causing tsunami like water to sweep away large parts of the port city. streets are covered in mud and rubble, littered with upturned vehicles and victims are being buried in mass graves. 0ur correspondentjoe inwood has the latest. nothing could resist the waters. as the river derna swelled, then broke its banks, entire districts of the city were washed into the sea. those caught in its path didn t stand a chance. translation: people were asleep and no-one was ready. my whole fa ....