new labor report showed unemployment claims rose above 400,000 again last week after a drop the week before. a key report on housing came in. worse than expected. another showed a slowdown in u.s. manufacturering. and then morgan stanley tossed a grenade in the mix. >> the morgan started out -- morning started out morgan stanley saying we are dangerously close to recession in the united states and in europe. that got people hitting the sell key. >> todd, the director of the san francisco floor of the new york stock exchange, says if we are headed in a recession, he thinks it will be short-lived. he bases this prediction on past double dips and his experience of reading reports and understanding the market. >> the last one we experienced was '80/'82. the first in 1980 was short, eight months. the second one in 1982 was over a year. we have switched it this time. we had the long one first and now we have a short one second. >> president obama is expected to announce a plan after labor day to create new jobs and lower taxes for the middle class. today, he and his family are leaving for

new labor report showed unemployment claims rose above 400,000 again last week after a drop the week before. a key report on housing came in. worse than expected. another showed a slowdown in u.s. manufacturering. and then morgan stanley tossed a grenade in the mix. >> the morgan started out -- morning started out morgan stanley saying we are dangerously close to recession in the united states and in europe. that got people hitting the sell key. >> todd, the director of the san francisco floor of the new york stock exchange, says if we are headed in a recession, he thinks it will be short-lived. he bases this prediction on past double dips and his experience of reading reports and understanding the market. >> the last one we experienced was '80/'82. the first in 1980 was short, eight months. the second one in 1982 was over a year. we have switched it this time. we had the long one first and now we have a short one second. >> president obama is expected to announce a plan after labor day to create new jobs and lower taxes for the middle class. today, he and his family are leaving for

the many challenges he faces -- implementing the new labor contract, reaching out to all labour organizations at all levels. he is concerned with the basic reliability and key functions of. -- and key functions. is said that while improving -- he said that while improving functions was a basic key measure, we will look into what that entails. it is a thoughtful look from someone who cares about the system, but is coming from outside. the most important thing to him is the most important to our customers, transit and parking and traffic. pedestrians, the whole thing. is a comprehensive view. we are confident we have chosen exactly the right person at this time. the next part of the agenda was to invite mayor lee to say a few words. that actually, he is on jury duty. i would think it would be a benefit of mayor that you do not have to do that, but evidently not. he is a real citizen, the mayor. instead, we have from the board of supervisors, david chiu. [applause] supervisor chiu: thank you, and first of all, i want to thank the incredible men and women who are serving at the leadership of the

a new labor contract just implemented just in june gives muni a lot more pull now when it comes to firing. for the first time a new employment contract allows sf mta muni to terminate operators without multiple write-up. >> they are not receiving pay but they are getting benefits until cleared for work. >> you wouldn't get on it if you thought that person wasn't in a state to drive me safely. >> reporter: obviously safety a big issue here. in fact, there have been accidents including this west portal accident. this is video where muni acknowledges the operator blacked out from a medical condition before hitting another vehicle. we want to make this very clear. meanwhile, muni says the operators are not actually working so they are not driving. they are not receiving pay. they are receiving benefit they are still employed. muni has to figure out how to terminate these workers. they want to do it in the next two to four weeks. we called the transit union. they have not returned our calls. >> they have had what, six months? they were told the first of the year they were going to be fired unl

this is an important new addition to the labor movement in california. and is subject of much of this new book, civil wars. i want to thank a couple of other cosponsors, labor notes which has been helping me out at every stop of this book to but i want to thank my host here in washington, d.c., sister linda foley. where is linda? [applause] >> always quick to push me up when other people would have me slipping and west potomac park. linda, as many of you know, is a former member of the cwa international executive board and past president of my old union, the newspaper guild. i also want to recognize and thank for their cosponsorship and turnout here tonight, the vice president, national vice president of the national writers union, uaw. and current union affiliation. [applause] and i want to also thank of course my publisher haymarket, and recognize a great fellow who is right here in front, dave, who many of you -- [applause] , if you are sports fans know is the most knowledgeable and incisive left commentator in amateur sport a great new movie out, whol

a new labor contract from june gives muni more pull when it companies to firings. time a new employment contract allows muni to terminate operators without write-up after write-up. >> as early as two weeks and no later than four weeks we'll be able to separate these operators from the mta. >> you don't want to put the public at risk. there's been a couple of accidents at this particular station. >> reporter: so the accidents, this west portal accident where muni says the operator blacked out from a medical condition before hitting another train. meanwhile we want to make this clear. muni says the operators are not working. they are not on the roads. they are also not receiving pay. they are not actually driving. but what they are receiving is benefits. so muni now the next step is to work out the details of how to actually terminate them. they hope to do this within the next two to four weeks or hopefully get them to pass these physical examinations because that again seems to be the major sticking point are these medical conditions and passing these physical exams

a new labor contract just implemented in june gives muni a lot more pull when it comes to firing these workers. for the first time a new employment contract allows sf mta and muni to terminate drivers without multiple writeups if they don't have their class b commercial license. let's hear from a muni spokesman now. >> as early as two weeks and no later than four weeks we'll be able to separate these operators from the mta. >> you don't want to put the public at risk. there's been a couple of accidents at this station. >> reporter: a west portal accident muni acknowledges the operator blacked out from a medical condition before slamming into the back of another train. the transit unit did not return our phone calls from last night. muni says the operators aren't working. they are not on the roads. they are not driving. they are also not being paid but they are receiving benefits until they are cleared to work. the bottom line is muni has to figure out how to clear these operators from working or how to get them to pass these physicals. medical reason is the bulk of why they are not on

players reach an agreement on a new labor g1ebegan in march.ockout that the two sides have been at1 oddr issues, including,divide the league's $9 billion in revenue and rules of free agency. nflk teams will soon be able to sign 2011 draft picks, rookie and veteran free agents. for "teen kids news," i'm jamie colby, fox news channel in the classroom. >>> in 2005, hurricane katrina devastated new orleans and surrounding areas. as some high school students from new york city discovered, the people there are still in need of great help. >> you would not believe t would you think that after five years that everything would be okay again,9i4u it's actually surprising how things are forgotten b. >> reporter: in fact, thousands of people are still without proper housing. many are living in temporary shelters, like trailers. >> it's so sad, just to think that you could lose everything, like to think, wow this is my life you lose everything, your whole house, you lose -- like your family falls apart where are you supposed to go? 4dcwu0=5kuó queens high school of teaching spent spring break in new

civil liberties by government which promised to defend civil liberties against the attacks from new labor and even as you say attacks on the idea that social media to replace that which didn't even happen a lot of authoritarian regimes when they were all poising of government are mentioned in starkly that you're involved in the bait. he. mentioned the whites of the comebacks and other courses there has been talk of multiculturalism being all over the failure of it being the cause of these riots do you give any kind of credence to that argument about the racial issue coming into play in these riots let me be clear about david starkey gray said with a very racist this was an attempt to scapegoat people and this of a whole range of people involved from different ethnic backgrounds a common factor with all of them is poverty and unemployment and again it's not just a creation what happened was completely inexcusable if you have enough people who don't feel to have a future of whatever ethnic background they're only takes a small proportion to respond in this outrageous way some kind of a trip

a new labor agreement requires drivers to have a class b commercial license. nearly 50 do not and face termination in the next few weeks. those operators are not being paid, but they are receiving benefits. the union representing the operators says it will defend drivers it believes are being unfairly treated. >>> the dow finally snapped its eight-day losing streak, but didn't start out that way today. the dow opened at its lowest level of the year and quickly sank even further. but after a volatile day on wall street, the dow closed with a gain of 30. the closing price1, 1,896. the nasdaq was up 24. the s&p up 6. stocks actually spent most of the day lower after reports suggesting the u.s. economy is slowing. >> major concern up there not panic but we are concerned. >> many investors expect to see more big swings in the stock market as worries about the economy increase. if the dow had fallen again today, it would have been the longest losing streak for the blue chip average in 33 years. >>> told police he was kidnapped at gunpoint. now the teenager who trigg

a new labor department report finds 417,000 people filed for unemployment benefits last week. 5,000 more than the previous week. the spike was inflated by thousands of striking workers at verizon. at least 8500 verizon employees filed for unemployment benefits last week. >>> veterans who are unemployed got a leg up in the south bay today. more than 30 employers set up for a job fair specifically looking for military veterans and their spouses. len ramirez shows us that many didn't waste time applying for the jobs. len. >> reporter: that's right. when the soldiers come home again, they are marching straight into the worst employment situation we have had in this country in decades. but fortunately, companies like this are joining with many others to try to give those veterans a break. they showed up in boots, suits and everything else in between, u.s. military veterans looking for work. >> i got out on the fourth of this month. >> reporter: matt was just discharged from the air force after two deployments in the middle east. he has experience in civil engineering and a positive attitude a

the rise in claims that their company is in decline in that any new labor contracts reflect what they called today's economic realities for three ality is that in the second quarter this year rises profits were up two point eight percent and the company raked in more than twenty seven billion dollars this is really all about taking pay from working people and jacking up c.e.o. pay and dividends to people who make their livings sitting on their butts around the pool waiting for the dividend check to arrive and pay a maximum fifteen percent income on those dividends thanks to the bush tax cuts that's why unions democracy in the workplace are so important and that's why we have to make sure that labor unions come out of their current standoff with republican governors and state lawmakers all across the country stronger than ever and our final comments tonight is also from the rand line even if you're only an occasional viewer of the show you know that i'm quite frankly outraged by the fact that corporations in the super rich are not required to pay their fair share of taxes in this count

two unions representing the workers authorized the strike because of the famer to reach a new labor contractverizon said that the workers need to pay more for retirement and other costs because the land line divisions are losing customers. this strike does not effect verizon wireless. >>> republican presidential candidates are blasting obama because of the national down grade. >> this is the first president in the history of the country who under his watch we have seen a down grade of united states credit. >> bachmann campaigned yesterday in waterloo and said that it's going to result in higher interest rates for everyone. >> a big day for presidential hopefuls. most are gathering for the first debate in the state. this is video from a new hampshire cmn debate in june. the candidates are going to attend, paul, santorum, bachmann, and romney. p emptyperry headlined an -- perry headlined an event calling on people to pray for the country. and then he offered prayer for the president. >> we pray for our president that you guard his family and im part your wisdom upon him. more than 1,000 church

and >> of new labor for vision that may encourage will workers. >> we are horribly disappointed a lotf us are struggling to find ways to pay the bills. >> by the time congress returns five weeks from now, the faa with a loss $1.2 billion in airline tax revenue. here >> bay area wide construction workers and as a employees also feeling the impact of the congressional inaction. dan kerman has that part of the story. quebec can >> congress' failure to fund the faa has led to the furlough of a dozen faa workers in the bay area and has put a stop to a number of airports related construction projects including the new control tower at oakland airports that story is coming up tonight on kron4 news at 8. for >> now to a long time south bay fight over land. we are talking about a relatively small piece of land and foreign-owned as north work right here on the big board i will fly you in for a closer look. the land is largely residential is is east of highway 17 and rob fladeboe reports, this much discussed neighborhood and will soon be a part of the city of campbell. >> and home this is actual

labor force. i think once that starts to happen, we may get a better idea of what the new norm will be, what the new labor force participation rate is going to be like. >> looks like it may take a while, because the decline is twice that of any previous recession. any idea what the factors are for that lower participation rate? >> it's not obviously that this has been a long recession, and we've had a large number of unemployed. although they've stayed in the labor market a bit longer than they have in the past, we still had quite a few people exit the labor force. so i just think it's ther is invitity and length of the recession. >> at the current rate this month, for example, the 117,000 met jobs, just for the average person back home wondering how long we're going to be stuck in a tough economic time, at the current rate, 117,000 per month, how long would it take to regain the payroll jobs total we had prior to the recession? i understand it will be years. >> i don't want to be flip, but 117,000 we would never regain. you need 100,000 just to absorb the population growth so. really, if you're loo

new labors for schools allowing them to down grade strict testing requirements. in exchange schools must pursue other reform efforts. critics say it's requirements are unrealistic. he believes the system needs to be improved. >> when we have to get better faster, education than we ever have, we haven't afford it to be one that has so many disinsentives. >> school districts are expected to hear more next month. >>> family is coping with tragedy for the second time in a year. a man who had been paralyzed in an accident last year died in a car crash last night. danny cox was heading south on 101 when he drifted off the road and slammed into a tree. he was a former high school track star and paralyzed after a diving accident in lake tahoe one year ago this wednesday. >>> napa state hospital is the site of another brutal attack. . >>> back here in 10 minutes, your forecast for tuesday, includes a lot of fog and low clouds but then warming. completing an atm deposit in record time... that's a step forward. go! go! with deposit friendly atms, you can make ultra fast, se

bottom of the hour, time for the top of the news. labor department reporting the u.s.e dropped from 9.2% to 9.1%. it was thanks in part to companies adding more jobs. it also had something to do with this. more americans simply gave up looking for work. the labor department keeps statistics on so-called discouraged workers. people who want a job but aren't putting in applications because they don't believe there are any jobs available much the department does not count them as unemployed though. as you can see, number rose by 14% in july. second straight monthly increase after falling this year. jim angle is live for us in d.c. jim, it seems like more people are being just simply left out of this job market. >> that's right, harris. the unemployment rate dropped in part because while 117,000 jobs were created, some 200,000 people just quit looking and, therefore, weren't counted. listen. the reason that the unemployment rate dropped is because you had an even greater number of people drop out of the labor force. >> when the unemployment rate drops because of that reaso

a new labor agreement rejected by the operators now requires operators to have a class b commercial license. nearly 50 do not have them. some have suspended licenses for off duty offenses. some let them expire. others have suspended licenses because of medical reasons. those operators are not being paid but they are receiving benefits. the union representing the operators says it will defend drivers it believes are being unfairly treated. >>> a man was briefly trapped inside his upside-down car after this rollover crash. the fire department says the car hit a curb, flipped and hit a building at third and brannan in san francisco. a couple of parking meeters were taken out. the driver had only minor injuries. >>> and dozens of protestors made it clear they want an apology from the airline that kicked off a young man from his flight after he refused to pull up his pants. family and supporters of deshon marman filled san francisco international airport this afternoon to deliver 40,000 signatures on a petition asking u.s. airways to apologize. the 20-year-old made headline news this june when h

president obama announced that he will be unveiling a new jobs plan after labor day. it will likely include some new spending, perhaps some stimulus. given the brinksmanship that happened on capitol hill over the debt ceiling debate, what's the likelihood anything with any new spending could pass through congress, or is this thing dead on arrival? >> i would look forward to seeing the president's plan. i'd love to see it now so we could have a chance to digest it and see where we agree and disagree. but i look forward to it. but spending has been really proven not to be a solution. number one, we passed the stimulus. the prediction was 8% unemployment. we need to.... >> reporter: many say had they not done the stimulus, it would have been much worse. >> to say things could have been worse really isn't of much comfort to my constituents in arizona, who are coming to town hall meetings to express their frustration. 10% of the american people, i understand, approve of congress. not one of that 10% has attended my town hall meetings. >> reporter: you are hearing it from pe

of september perhaps the best way to describe the mood here in israel at the moment is not a new leaf. labor politicians see the state of the city on eighty eight minutes of census records since the war ended back in one nine hundred forty eight course the hot seat. well for more on the situation in israel let's bring into the conversation from the israeli social movement the national left no thanks for being on earth see it all started with dissatisfaction of a rising house prices that have moved on to social injustice as it now grown into nation wide discontent with the government in general what's your view well first of all good evening and thanks for having us i think that is going to be general discontent from the government i think people long ago have seen more and more legislation moves that benefits the reach or benefit upper class and basically worsen the status of that of the middle class the middle class is trafficking now in the middle class are the voters and when you go against them yes they will rise up against the government you know a lot of people killing similarities bet

that's before tony blair's new labor government came along in 1997 to widing the gap further. i'm sure, you know, for that 53% welfare spending, you saw what a bang for the buck they got on your tv screens this last week. when they spent that within living memory, the city in flames on our tv every night governed a dpift of the earth's surface and a quarter of its population. it inverted priorities and spent all of that money on its nanny state charges at home with what spectacular results you can see if you booked a trip to london in the next six weeks. good luck with that. that's the same trajectory every great power -- you can have entitlements as home, or global reach abroad, but not both. you can see it now with our war in libya. i don't know how many of you remember the war. it was in the paper for 48 hours. it's still going on out there apparently, and then it fell off the screen. i believe it's in the book of records. there is that to be said for it. the president spent the first month the war telling the american, oh, don't worry. we're not running the show, along for

so liz making those comments at assigning of a new labor packet between the united states and latin america>> reporter: this week labor secretary soliz held an event signing a number of those packets and pledges with foreign countries to guarantee that immigrants who come to work in our country will be afforded the full protection of u.s. workplace laws whether or not they are here legally. she said it doesn't matter how you got here or how long you stay, then she added this. >> we understand that many migrant workers in america are afraid to report mistreatment because it can lead to more abuse, the loss of job, a job or deportation. with these partnerships we seek to remove those fears. >> reporter: secretary sol irk s says she thinks it's important to assure migrant workers that they have rights . critics say when unemployment hits double digits no u.s. cabinet member should be signing agreement offering protection to foreigners who come into the u.s. labor market illegally and the policy is not fair to illegal immigrants who try to come into the country legally and go through the proper