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send the nation into a fall, which raises prices for everyone if we do not cut social security and medicare. i ain t going to do it. there you go. thanks, bud. thanks, joe biden. thanks, biden. he did it again. thanks, biden. desantis doesn t have a lot of control. you can say thanks, biden. ron desantis airport is really bad, but miami airport? come on. that s part of the joke. this shows mika s humor. she knows that desantis it s not his airport. miami-dade. yeah. south florida, miami-dade. but it s not-not but that s the joke. you blame the hurricanes and iran, thanks, biden. the level of stupidity reaching new highs. incredible. president biden, that was him right there, speaking with staffers at the democratic national committee headquarters in d.c. yesterday with the message that republicans would,. thanks, desantis. if they take over congress in the upcoming midterms. you blame somebody for something that they have nothing to ....
welcome to our viewers in the united states and around the world. i m wolf blitzer. you re in the situation room. surprisingly strong new jobs numbers are capping off what has been a big week for the biden administration. let s go straight to jeremy diamond. amid fears of a recession, the president has some momentum when it comes to the u.s. economy. at least in the short term. give us the latest. no doubt about it, this jobs report which the president called outstanding is more evidence that the u.s. is not in a recession. we saw the unemployment rate tick down to 3.5%. more than half a million jobs created last month. all of that painting a picture of a very strong and resilient jobs market. now of course, this strong jobs market doesn t do anything to address americans chief concern. and that is inflation. and the president and the white house very much aware of that. we heard the president talking about americans who may still feel they re struggling december f ....
Inflation? what do we need to focus on? well, look, and stephanie should be commended because it was a tremendous interview. i think that janet yellen is right that inflation is coming down, but the thing that s keeping it up thus far, one of the things i worry about is, you know, people talk about this idea of quiet quitting. i keep hearing about this idea of quiet firing, which is to say the ceo business community is thinking come the end of this year, early 23, there could be a lot of fires. not necessarily the ones that get announced with big headlines, 10% of the staff there, 15%, 5% of the staff there, but something that actually is a little more insidious in some ways. the question is whether we start to see the unemployment rate tick higher. you can argue that s actually what the white house and the administration wants in some respects, but, boy, is that a tough political conundrum to be in. you get inflation down but unemployment moves the other way. andrew, you have to ....
Welcome to our viewers in the united states and around the world. i m wolf blitzer. you re in the situation room. surprisingly strong new jobs numbers are capping off what has been a big week for the biden administration. let s go straight to jeremy diamond. amid fears of a recession, the president has some momentum when it comes to the u.s. economy. at least in the short term. give us the latest. no doubt about it, this jobs report which the president called outstanding is more evidence that the u.s. is not in a recession. we saw the unemployment rate tick down to 3.5%. more than half a million jobs created last month. all of that painting a picture of a very strong and resilient jobs market. now of course, this strong jobs market doesn t do anything to address americans chief ....
Historic labor market recovery. you think you really have to recognize that forecasting any numbers right now, especially in the job market and especially these volatile monthly numbers is pretty much impossible. so, therefore, you have to really look at the underlying trend. over the past four months, this labor marketed added 2 million jobs to payrolls. that s an underlying pace are 4,500 jobs per month. we saw the unemployment rate tick down 0.3%, to the lowest rate we ve seen since before the pandemic. over 400,000 people moved out of long-term unemployment a decline there, which is very welcomed. you don t always see these two together, we re seeing a strong labor demand met by people coming into the job market and getting some wage bumps. that s also really important to ....