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Transcripts For CNNW CNN Newsroom 20111007

numbers and what it tells us about the economy. right now this morning at 9:00 a.m. eastern time. it s a solid base hit. how s that? not a grand slam, but a base hit for the economy. you had job creation a little better than people had thought and remember the big zero in august, no jobs created in august. well, the government, kyra, came back and upgraded its assessment for what happened in august. now, 57,000 jobs created in august. also, july revised higher, as well. so, when you look at the whole picture. you have an unemployment rate at 9.1% and 103,000 jobs added in the month of september and august and july both increased in terms of the amount of hiring. when we look within the kind of sectors that are hiring, professional and business services. the private sector did a little bit better. you saw the government shedding jobs, but the private sector was hiring in professional and business services and temporary workers, it s a trend we ve seen for more than a year an

Transcripts For CNNW World Business Today 20110816

some 5,000 palestinians reportedly fled a u.n. refugee camp. more than 40 people have been killed in two days. those are the headlines from cnn, the world s news leader. world business today starts right now. good morning. from cnn london. i m charles hodson. and very good afternoon from cnn hong kong. i m andrew stevens. you re watching world business today. the top stories this tuesday, august 16th. new signs of slowing growth in europe as leaders of the euro zones top two economies try to restore confidence in the region. google announces its biggest bet. what s in it for the company and what it means for consumers. warren buffett says tax the mega rich. just how much of a difference would that make? we ll crunch the numbers. let s go straight to the market action in europe now where stock exchanges have been open just over an hour. here s how they re performing so far today. we re seeing a selloff, in fact a considerable selloff throwing away the gains that we

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