. >>> ethan harris joins us now for more analysis on the jobs report, and he is head of global economics at bank of america merrill lynch. welcome, ethan, nice to have you yore. >> thank >> when you look at this report, what's not to like? even the participation rate w good. >> yeah, this was a check all the box report. there's one factoid you didn't mention. payrollwnobs have g an average of 240,000 over the last three months. that's abo double the normal pace of job growth in a trend-like economy so this was a very, very robust report. >> wage gwth 3% year over year. that's above what the fed had been looking for, but yet they're willing to be patient in raising rates down the road. is there disconnect there at all? >> no, i don't tnk so. i think that after two years of a hot labor market, we're now ingetting the of wage gains you would expect, but it hasn't anslated into price inflation. i think the fed is in a pretty patient mood ther they want to see first evidence his recent stock market shock isn't really hurting the economy, and they're going to wait a while just to fige that out

charges insisting they have complied with ethan's rules and regulations chelsea plans to appeal the decision to discuss further we're joined from london by rob harris a football writer with the associated press rob thank you so much for joining us can you break down for us what exactly chelsea has done and how common is this among the big clubs. well faith that this is all about the protection of young players we're so used to hearing about feet for and all the politics involved in the governing body but at the heart of one of their main functions is protecting footballers and there is a ban on the international transfer of plays under the age of eighty there's an exception within europe that you can move between sixty and eighty something that will be affected by breck's it potentially and what chelsea are accused of or is engaging in and bring in players to the club under the age of eighteen without properly registered in them as well which is under question and this is just yet the latest example of a big club being sanctioned might this we've seen a classic only trip around the drip barcelona all we've transferred bans in recent years for faili