they re spying on us. they re doing this purposefully and the president should have been much stronger in his response to this. all right. a live at the nation s capitol where in just a few hours, the president will be delivering his state of the union address but will the china spy flight overshadow the big speech. we re all over it with jared burn steen on the president s economic message tonight. the senate minority whip john thune on what republicans want to hear. ben car den on if the china spy balloon is threatening to inflate that message. and cry sununu on what he thinks of the state of the union. i think it s going to be a big night. i m neil cavuto, this is your world. let s get to it with the latest from the pentagon and the china thing with jennifer griffin. there may be a simply inflammation why trump administration officials say they were never told about previous spy balloons that crossed over u.s. airspace. they saw multiple conversations trying to get
jobs report any minute now at a bill signing. but let s look at the numbers. joining us is rahel solomon and jeremy diamond. let s look at the gains. the fact that this was more than twice what experts were expecting. and so some experts have said that this was an uncomfortably hot jobs report, at the very least it was surprising. when you look at the report and where the jobs were, line after line, industry after industry, it was growth, growth, growth with some of the largest gainers in industries like leisure, professional services, health care. 57,000 jobs being added for government. and when you look at month over month sort of what we re seeing in the labor market, look, i mean, we are still on an upswing. you would have expected between some of the reports that we ve been hearing that maybe we would start to see some cooling in the labor market, that this number the july number would actually be declining. but that is not what we re seeing which leads me to when you
what do you think is behind the disconnect? i think you can find different results in different polls. let me tell you about a part son result that i ve been carrying around in my head. there s more republicans today who have a negative view on this economy, they ll tell pollsters than in 1980 when inflation was 14% and the unemployment rate was 7%. in other words, people republicans were saying the economy is worse now relative to then when inplace was 14% and unemployment was 7%. that feels to me like a very partisan result. i m not saying every poll neil: it s reflected in a lot of polls. it was an a.p. general poll of all voters out there. only one in five thought the president deserved another shot at office. what do you think of that? so i think that the way from an economist perspective, what we re trying to do is build the strongest economy on behalf of build this economy from the
plenty of opportunities out there. the bad news is if wages being offered aren t keeping up with the cost of living, that is a cold comfort. people are able to get a job but seeing their grocery bill go up, they are seeing their rent go up, almost everything that they spend money to get more expensive. so yes, i understand why people are still pretty pessimistic. from an economist perspective, everything that we re seeing just doesn t follow the traditional model. at this point following a model is hard too. yes, there is so many uncertainty. that has been the case obviously since the pandemic began. but especially because of all of the mixed messages, there is so much noise, it is hard to figure out which is the number that we should be paying attention to, should it be the job groelt
Global Competition Review (GCR) is the complete source of news and analysis for competition practitioners. It keeps you up to speed with the issues and trends that matter, giving you the detail, and depth, you need to operate successfully.