despite all the good numbers. and a new npr/mayomarist sur shows how they view biden s handling of the xeconomy. and when people were asked their top economic concerns, inflation at 39%, followed by wages, labor shortages, unemployment there at the bottom. does president biden deserve the blame for this? should he be should his approval rating be tied to this, are these things under his control? so i will say the thing that i always say when asked about whether presidents are properly credited for economic conditions. presidents get too much credit when the economy is good and too much blame when the economy is bad. or too much blame for parts of the economy are bad or parts that are good. and that is the situation right now. inflation is up not because of any particular thing that the president did. it is because there are all of these supply chain disruptions
that s taking place right now in the economy. for both of these two gentlemen, it will be very difficult to lay out where they go from here. where are we looking at for today. for today, we are looking at a downturn for the dow. down by about 120 points is probably where we will open. we heard from the fed yesterday. the fomc minutes came out and the fed indicated it is not going to put any more easy money back into the economy unless we see a significant downturn in the xeconomy. that s what the market is worried about. they are going to have to walk on their own two feet. we have gotten some good numbers. adp came out with the jobs report, a gain of 209,000 private sector jobs. better than anticipated. we were looking for about 200,000. good expectation of what we can expect on friday. if the fed is not going to be
people. that s why they are such a great mobility tool in the xeconomy. the mean pay is in the 50s, $50,000. the top paid skilled tradesmen are making well over six figures. if you have got it up here and you got it in here and you are moving up the ladder, you can make a lot of money in these industries. you and i talk about this all the time. i love your story. you cannot be outsourced. you cannot outsource these jobs. that s one place. these new thought ainnovation jobs can be outsourced 6789 you can t outsource the plumber, electrician, the steam fitter or many of the other ones. we need them to do work right here for us, for fellow americans. christine romans, many thanks. all week, we will continue to partner with cnn money and time magazine to dig deep on america s job hunt and learn where the jobs are and how to get them and how to keep them. check out the all new
jeannie, happy doomsday to you. reporter: jeanne moos, cnn, new york. that s it for us. it is 9:00 a.m. on the east coast, 6:00 a.m. out west. good morning to you. i m carol costello in for kyra phillips. the schwarzenegger scandal keeps getting more shocking. his child with his wife, maria and his secret child with his housekeeper were born just days apart. president obama getting ready to deliver a major speech on how the united states will deal with the new middle east. sanctions for some nations and help for others and a controversial suggestion for israel. this just in to us. the number of people filing for first-time unemployment claims is down again. the second straight week of sharp drops. four years into the job and four days after his arrest on sex crime charges, the head of the international monetary fund hands in his resignation. dominique strauss-kahn made the decision from his new york jail cell. he has been in custody since the weekend, accused of s