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KQED Nightly Business Report September 5, 2015

In reaction to that jobs number, it was off about 350 points midday. The nasdaq dropped 49, and the s p 500 fell 29. The concern in the markets is what it has always been, the timing of a rate hike. And the stronger the number, the greater the possibility the fed could raise rates at its next meeting in just two weeks time. The economy created 173,000 new jobs last month. Fewer than expected. However, the Unemployment Rate at 5. 1 was the lowest in more than seven years. But as Hampton Pearson tells us, what the fed does next is anything but definitive. Reporter in august, headline unemployment fell to a sevenyear low, but hiring was the slowest in five months. However, job growth for the last three months has averaged 221,000, after the government revised job growth upward for june and july by 44,000. But wage growth at just over 2 over the last year is still below norma ....

New York , United States , District Of Columbia , Saudi Arabia , Angela Merkel , David Marcus , Chris Liu , Lee Thomas , Hampton Pearson , Morgan Brennan , Chris Bagwell , Mary Thompson , Hillary Clinton , Unemployment Rate , Job Growth , June July , Wage Growth , Labor Force , Labor Force Participation , Labor Force Participation Rate , Participation Rate , Monetary Policy , Strong Enough , Health Care , Health Care Leads , Front Lines ,

KQEH Nightly Business Report September 5, 2015

In reaction to that jobs number, it was off about 350 points midday. The nasdaq dropped 49, and the s p 500 fell 29. The concern in the markets is what it has always been, the timing of a rate hike. And the stronger the number, the greater the possibility the fed could raise rates at its next meeting in just two weeks time. The economy created 173,000 new jobs last month. Fewer than expected. However, the Unemployment Rate at 5. 1 was the lowest in more than seven years. But as Hampton Pearson tells us, what the fed does next is anything but definitive. Reporter in august, headline unemployment fell to a sevenyear low, but hiring was the slowest in five months. However, job growth for the last three months has averaged 221,000, after the government revised job growth upward for june and july by 44,000. But wage growth at just over 2 over the last year is still below norma ....

New York , United States , Saudi Arabia , District Of Columbia , Angela Merkel , David Marcus , Chris Liu , Lee Thomas , Hampton Pearson , Morgan Brennan , Chris Bagwell , Mary Thompson , Unemployment Rate , Job Growth , June July , Wage Growth , Labor Force , Labor Force Participation , Labor Force Participation Rate , Participation Rate , Monetary Policy , Strong Enough , Health Care , Health Care Leads , Front Lines , Fastest Growing ,

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