hampton pearson reports on the problems plaguing the d.c. metro. >> reporter: with more than 700,000 riders per day, the washington metro subway system with thick lines and 120 miles of track is the second busiest in the country. but in the last 16 months, there's been a fatal fire last january where more than 80 passengers were injured, a 24-hour shutdown of the entire system in march that forced hundreds of thousands of commuters back into their cars and just last week, this dramatic video, a fireball arcs on the track moments after a train pulls away. these and many more incidents contributing to a crisis from metro riders. >> the antiquated system has been around for years. >> for me as a commuter, using the metro every day, i am worried to getting to work on time and i bring my kids on the metro sometimes. >> metro is all you have. you have to grim and bear it. what else can you do? >> metro's own data shows 216,000 smoke and fire incidents last year doubled the year before. ridership is down. 214 million last year. down from 225 millio

in washington, i'm hampton pearson for "nightly business report." >>> today the president of the federal reserve bank of new york said it is reasonable to expect that the central bairpgs will raise interest rates twice this year. in an interview with the "new york times," bill dudley conceded that the jobs report was weaker than expected but that it doesn't necessarily change his economic outlook. >>> john sylvia joins us now to talk more about the state of the labor market, he's chief economist at wells fargo securities. how much of this fall-off in hiring is attributable perhaps to a slowing economy and how much may be factors? >> there may be some seasonal factors in the retail trade numbers. but also perhaps in the construction numbe. but i'd go back to your earlier point, tyler. the wage gains were pretty significant. and combined with even modest general gaib gains, you're talk personal income gains that will sustain consumer spending going forward. >> do you expect that that trend in wages will continue? because we've been waiting for a long time to see significant improvement or

as hampton pearson tells us, recovery from the 2008 recession and more skills oriented economy have employers looking for more and more college grads. >> this year's nearly 2 million college graduates will have lots of employers anxious to put their skills to use. employers expect a higher 5% more graduates from the class of 2016 than last year. according to a highly regarded survey from the national association of colleges and employers. the unemployment rate for college graduates has been cut in half in the last five years from a high of 8% in 20 10 to 4% last year. >> they're taking about two-thirds of all of the good jobs in this recovery and the high school people are the last to be hired. it has been since about 2010 that things have been getting slowly better. >> in 2015, degree holders earned nearly $49,000 a year versus just under $24,000 for high school graduates. but that is offset by the $37,000 in student loan debt on average for the class of 2016. college job placement experts say it all comes down to a simple rule, what you make in salary depends on what you take for courses. w

but first here's hampton pearson with the cnbc mark wrap. >> thanks, chuck, a sell-off of stocks today, the dow sinking by 180 points, the s&p falling by 19, the nasdaq dropping 59. bullish news on the housing market. housing starts jumped more than expected last month, rising more than 6.5%. building permits were up 3.6% as well. and home depot posted revenue that beat estimates, they raised their full year profit and sales target. however shares finished lower today. that's it from cnbc, first in business worldwide. >>> welcome back to our special primary night coverage. the trump campaign is sharpening its tools in preparation for a long battle with hillary clinton where little will be out of bounds. hillary clinton has a lot of recent examples of what didn't work when it comes to try to beating trump. jeb bush tried to ignore. rubio tried to beat him with insults. ted cruz tried to befriend him, but in the end, had to do a 180 to attack him. we have some campaign veterans here who perhaps can pride new insight. former bush campaign manager danny diaz. and former cruz senior adviser

. >>> first, here is hampton pearson. >> thanks, chuck. stocks rallying across the board. the dow soaring 213 points, s&p 500 up 28, nasdaq 95 points. one stock moving higher with the broader market was best buy. the company's earnings beat estimates but current quarter results are expected to fall short of expectations. shares sank more than 7%. >>> hewlett packard enterprises is will merge that computer sciences units, shares of both are higher after hours. that's it from cnbc, first in business worldwide. real is making new friends. amazing is getting this close. real is animal rescue. amazing is over twenty-seven thousand of them. there is only one place where real and amazing live. seaworldreal. amazing with booking.com's range rebel and key can wing it all the way to jordan and chelsea's wedding. rumble! road trip. there she is. uh oh, oh, oh, oh, what? so here is our road trip itinerary. what's this? a bunch of different places... nah, bro. we gotta go off-script. rip to shrs every motel, cabin and teepee, between here and the wedding. now get out of my seat. alrigh

here's hampton pearson with the market wrap. >> hey, chris, markets up sharply.daq jumping 95 points. that's it from cnbc, first in business worldwide. ♪ ♪ ♪jake reese, "day to feel alive"♪ ♪jake reese, "day to feel alive"♪ whdoctors recommend taking. distracting you? ...non-dwsy clitin every day of your allergy season. claritin provides powerful, non-drowsy 24 hour relief... for fewer interruptions from the amazing things you do every day. live claritin clear. igoing to clean betteran electthan a manual. was he said sure...but don't get just any one. get one inspired by dentists, with a round brush head. go pro with oral-b. oral-b's rounded brush head cups your teeth to break up plaque and rotates to sweep it away. and oral-b delivers a clinically proven superior clean versus sonicare diamondclean. my mouth feels super clean! oral-b. ow you're getting a superior clean. i'm never going back to a manual brush. create your own seafood trios you can try something new with every bite. pick 3 of 9 all-new creations for $15.99. like baked lobster alfredo chimichurri sh

but first, hampton pearson with the cnbc market wrap. >> a mixed close on wall street. points, s&p down less than half a point. the nasdaq gaining six points. jobless claims hit a one-month low as fewer americans are applying for unemployment benefits for the second week in a row. the labor department says jobless claims dropped by 10,000 to 268,000 last week. >>> victims of bernie madoff's ponzi scheme might be able to recover $247 millioning more than 7 years after the scheme was unmasked. the court-appointed trustee is seeking court approval for the seventh payout to madoff's victims. once distributed, victims recoup more than $9 billion. >>> that's it from cnbc, first in business worldwide. you don't let anything keep you sidelined. that's why you drink ensure. with 9 grams of protein and 26 vitamins and minerals. for the strength and energy to get back to doing... ...what you love. ensure. always be you. from bank of america to buy a new gym bag. before earning 1% cash back everywhere, every time and 2% back at the grocery store. even before he got 3% back on gas.

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but first hampton pearson has a market wrap. >> stocks little changed. dow up by nine and the nasdaq closes flat and the s&p closes down 23 points. shares of shake shack are moving in the opposite direction. the company's result came in better than extent pedestrian. and the number of americans filing for jobless benefits unexpectedly rhodes last week jumping 20,000 to 294000, the highest since february 2015. that's it from cnbc, first in business worldwide. ♪ ♪ you live life your way. we can help you retire youray, too. financial guidance while you're masteng life. from chase. so you can. financial guidance while you're masteng life. i'm terhe is.at golf. people say i'm getng better. but i'd like to keep being no oterrible at golfhat. for as long as i can. he's just happier when he's playing. but he's terrible. for the strength and energy to keep doing what you love, try new ensure enlive. only patented ensure enlive has hmb, plus 20 grams of protein to help rebuild muscle. and its clinically proven formula helps you stay you. oh. nice shot. new ensure

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but first, hampton pearson with the cnbc market wrap. >> thanks, steve.s beginning the week with a rally. the dow jumping by 175 points, the s&p up by 20, the nasdaq climbing by 57 points. drug giant pfizer is buying ana kor sfarm suit cal and shares surged more than 50% on that news. apple shares rose 4% today. and crude oil settled at $47.72 a barrel, its best level since november on worries about supply shortages. that's it from cnbc, first in business worldwide. steady is exciting. oh this is living baby! only glucerna has carbsteady, to help minimize blood sugar spikes. and try new glucerna hunger smart to help you feel full. climbing by 57 points. business worldwide. why are you all here? to learn, right? so you can get a good job and you're not working for peanuts. well what if i told you that peanuts can work for you? while you guys are busy napping, peanuts are delivering 7 grams of protein and 6 essential nutrients right to your mouth. you ever see a peanut take a day off? no. peanuts don't even get casual khaki fridays. because peanuts take the

. >>> let's get to hampton pearson, standing by at the labor department with the numbers. >> reporterrm payrolls increased by 160,000. the unemployment rate remains at 5%. average hourly earnings up .3% for the month of april. 2.5% over the last 12 months. below the consensus forecast, that 160 figure is also the lowest since september of last year when we only had 149,000 jobs. revisions for february and march, a collective lower by 19,000 for the -- those two months versus what had previously been reported. april private sector job growth up 171,000. sectors of strength, professional and business services, up by 65,000. health care, plus 44,000. financial activity, up 20,000. on the downside, mining losing another 7,000 jobs. government employment down by 11,000. labor force participation rate, 62.8%. the u-6. the so-called real unemployment rate 9.7%. long-term unemployment six months or longer declined by 150,000 last month, 2.1 million people, 25.7% of the total unemployed. back to you. >> hampton, thank you. >> come on. everybody. leishman, leishman. >> keeping the model. >> the