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Transcripts for KPIX CBS Evening News With Norah ODonnell 20211008 22:32:00

we re going to begin with that jobs report landed with a thud today at the white house. many forecasters had predicted a jobs gain of about 475,000 for september. instead, the u.s. economy only created 194,000 jobs. still, the unemployment rate did fall to under 5%, but that was parentally because many americans simply stopped looking for work. president biden blamed the pandemic for the sluggish growth and said hiring will pick up if congress passes his infrastructure and spending bills. today s report also revealed some troubling trends, including job losses in fields that you wouldn t expect, and questions about why many positions are going unfilled at a time when so many americans are still out of work. cbs nancy cordes leads off our coverage tonight from the white house. good evening to you, nancy. reporter: good evening, margaret. this was the second straight month of disappointing jobs numbers, and a big slowdown from the first half of the year. the white house is pointing t

Detailed text transcripts for TV channel - FOXNEWS - 20121206:15:08:00

spouse is then kicked out of your home, that is one of the reasons we see the numbers go so far and the financial hardships also that many americans have been seeing. if you take it out at 62 and you take a 20 year loan, a 30 year loan, what if you live past that loan? you have no necessary egg, no savings. medical bills u may need hospice care and you have no cash at the end of the day. they are very controversial and a lot of advisers advise against them to be honest with you. martha: this is a case of people needing to understand what they are getting themselves into, buyer be ware. reporter: the consumer protection bureau sent a huge report about the exact issue, reverse mortgages. they are telling congress you need to reduce the limit. there might be a move by hud today. there are other options for homeowners out there if you find yourself older and your house is in danger you can sell the home, you can takeout a home equity line of credit, that is one option to get you through,

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