Welcome to squawk alley. Were at post 9. Lets start with the markets on this jobs day the dow crossing back above 22,000 for the first time in two weeks. U. S. Economy added 156,000 new nonfarm pay roles in august. The Unemployment Rate did tick up slightly. Both july and june numbers were also revised Lower National Economic Council director gary cohen joining us earlier. Listen to what he said were look teg trend overall. Were looking at job growth. Were looking at job creation. And we see a lot of very good momentum in the numbers. The one numbers that went down were government. Weve always said government is going to get smaller the private sector is getting bigger we see job creations in the sectors we want to see job creation in. For more, we are joined by wells fargo Senior Investment strategist as well as our very own Steve Liesman. Steve, is thewhite house right to see very solid job momentum continuing in this month of august yeah. I think so i think its well to put the numbe
Here to welcome fans inside the store. The line here, i can tell you guys, does stretch down the block. The new features and functions, fans excited about obviously this is a faster phone, a phone with a display thats about 25 brighter, and that new camera, at least according to fans weve been talking to online, that is the feature that has them excited. We talk about this phone obviously initially, expectations did seem relatively tempered, but then we did get those better than expected preorder numbers and, yes, we know the carriers were offering aggressive promotions, but financial Analysts Covering the company did still see the data points as encouraging. Now the question is how many people will upgrade and can the upgrades jumpstart the iphone franchise . We know thats a franchise which has seen two straight quarters of sales declines. The great bull bear debate. Bears like Collin Gilles are not competent. They think these changes are too incremental. On the other hand, you have g