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cavuto. glad to have you on a busy weekend. let s go first right now to lucas tomlinson traveling with the president in delaware where the president s spending the weekend. what s the latest there? reporter: good morning from a breezy wilmington, delaware, neil. many pundits believe this is not a good week for the biden administration, mainly because of to peck if +announced cuts to oil production which is sending gas prices higher. first, let s look at the job numbers are released yesterday. about 23,000 jobs were added, but while unemployment rate dropped to 3.5%, neil, economists say that s due to a decrease in labor force participation. the news sending markets down, the dow dropping 2.3%, losing 600 points. president biden spoke yesterday in heavierstown, maryland haverstown, maryland. our economy created 263,000 jobs last month. that s 10 million jobs since i ve come into office. that s the fastest job growth at any point of any president in all of american ....
Break from the past. It is a change. Its a different way to approach these decisions. Britains 0pposition Labour Party has condemned mr sunak s move and vowed to stick to the governments original net zero strategy. And the Scottish National party, which holds power in scotland, has also criticised the Uk Governments change of course. Earlier i spoke to the First Minister of scotland, humza yousaf. First minister, thank you so much forjoining us on bbc news. I want to start with the uk Prime Minister rishi sunak s announcement today on climate goals. The uk has been a leader on battling Climate Change. Where does this decision leave the uk . Well ....
That s the fastest job growth at any point of any president in all of american history. historic progress. reporter: neil, many economists are not celebrating. across the country businesses are cutting jobs. typically this time of year they re adding jobs ahead of the holiday season. the auto sector has announced about 29,000 job cuts this year, up 194% from last year. health care nearly 24,000 cuts, up 26%. technology up 86%. retail up 11%. services, that s the lone bright spot, cuts are down 29%. and this week you mentioned, neil, the fbi release its long-awaited crime stats, the news was not good. murders up over 4% on top of last year s historic 30% rise, the highest in recorded history. there were an estimated 22,000 people murdered in 2021. let that sink in. and gas prices creeping up, not good news for the administration. many democrats running in these ....
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