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a potential nuclear armageddon with russia. what his staff is saying this afternoon, as we take you live to the white house and to moss couple of i m hallie jackson in washington and with me now is nbc news correspondent josh lederman traveling with the president in hagerstown, maryland. tom costello and global markets reporter with us, too. we saw the big board red, not green like we ve seen earlier this week. talk about why investors are so spooked here. hallie, a number of top advisers telling me interest rates are heading even higher and wall street wanted to seat job wanting to see the job market start to cool and average hourly earnings increasing, and the chair fed has reiterated in the past in order to get inflation down, the job market needs to cool and until it does, interest rates will head even higher a rising rate environment has been challenging for the stock market. that is why the dow is down over 600 points right now. and for companies that increase ....
economists say there s no hints in the newest unemployment report that another recession is starting. 103,000 jobs were added to pay rolls last month. that s a stronger than expected increase. july and august figures were also revised upward as well as to show an additional gain of 99,000 jobs over the summer. the overall unemployment rate held steady at our white house correspondent dan loathian. what is the white house saying about all the numbers heading into a senate fight over the jobs bill? reporter: wolf, top aides here at the white house say that unemployment rate of 9.1% is still unacceptably high. they re encouraged by growth in the private sector. but white house spokesman jay carney said it s far from good enough. they believe that the president s jobs bill is one way to get americans back to work. and that s why you ve seen the president campaigning across the country and again this week holding a news conference here at the white house putting pressure ....
he says it will make a huge difference for americans who are suffering and will cut tacks, but he s warning lawmakers who oppose it they ll answer to him and the voters. the question then is will congress do something? if congress does something, i can t run against a do nothing congress. if congress does nothing, then it s not a matter of me running against them. i think the american people will run them out of town. let s go to brianna keilar. the president acknowledged that americans are very frustrated right now. he did, but he also deflected any suggestion that they are frustrated with him, instead pointing the finger at congress and specifically house republicans. he s been going out on the road trying to chang that frustration and he was pressed a lot by reporters who sort of questioned this campaign style method that he s been taking rather than negotiating on areas of agreement with house republicans and wolf, he said that all he can do is make the best a ....