amber: let's bring in veronica clark for some perspective. it seems like we are in for this goldilocks scenario where we get rate cuts without the corresponding crush or implosion from the economy that necessitates that. do you think we are looking at the world through rose colored glasses? veronica: i agree a lot with what claudia song just said. on the surface these are strong. the unemployment rate stayed at 3.7%. this is a healthy labor market. but when you dig under the hood we are definitely seeing signs of things slowing down. you are not seen the large and substantial job losses yet but you are seeing employers have slowed their pace of hiring, we are seeing people remain unemployed, it is taking people longer to find jobs. the kind of things you'd expect to see maybe six months before you get a real accelerated slowing. sonali: it is also not just the idea of a slowdown but the pace of a slowdown. how much harder my the economy land when it comes to the employment picture? veronica: we are definitely seeing those early signs that thi

. >> all right veronica clark and peter boockvar who came up with the boock report that is clever didh that? >> i have to credit my cousin for thinking up that idea. >> that is pretty obvious. when i see it, i think you get the boock report >> yeah. >> do you read it? >> yeah. >>> southwest airlineses reporting quarterly results. phil lebeau is joining us right now with the numbers hi, phil >> becky, this is the beat on the top and bottom line. 37 zecents a share in the fourt quarter. revenue at $6.82 tbillion. there are the numbers within the numbers in the fourth quarter. revenue per seat negative.8.9% capacity increasing more than 21%. remember, the fourth quarter is in comparison to the meltdown quarter at the end of 2022 really screwy comparisons over what was available for them to fly and what they weren't flying the q1 guide that people are focused on here. capacity up 10% for the first quarter revenue per seat, 2.5% to 4.5% the company is expecting double digit operating revenue growth and adding 79 max planes in 2024 remember, they have a big, big order for max planes, especi