our labor statistics say if you take a minimum wage job and you work 10 years and you don't have education beyond high school you don't have a skill like an electrician or plumber the average increase after working hard for 10 years in a person's income is $2.00 an hour didn't matter how hard you were big about it who works harder the person cleaning the hotel room or the person in their office you don't move up without a skill or an education so if you want to buy a mom house want to make sure kids don't go hungry can't get a skill got a good education now if you want to on say start all that 30000 a year and have the possibility or up to 60 or 70000 you know you have to have skills you have to be talent you have to know how to do you need what we call soft skills and hard skills parts skills are just you know being technically trained to do something computer literacy anybody who. goes through school these days and isn't computer literate is going to be in trouble and i think our schools should be doing a lot more if they're not already to teach people programming and coding skills and t

bureau of labor statistics say millions more americans are borking. out to wall street, it's certainly believed. it's been significantly ahead of the economy. dow industrials up, reminder markets are closed tomorrow. white house officials, including the president, called a snap press conference to separate the numbers. president trump says he still wants to see more government handouts in the forms of stimulus. secretary mnuchin was asked can we really go back to work if our schools aren't open in the fall. >> absolutely. we want to make sure kids are safe. if there's money schools need to spend to safely have people in classrooms, social distance, spread things out, change hours, these are all the things we're looking at. >> it's not clear what's going to happen to schools in the fall, because it's not clear what the virus will do. it's not clear what the virus is going to do in the next few weeks. it is growing more and more out of control. marcus, as you well know, a number of universities have already made the decision. we are not meeting in perso

the bureau of labor statistics doesn't recognize this very large group of people who are not wantingo go to work right now as unemployed. many of them, if they are furloughed, they are called and they don't go back, they are not collecting unemployment insurance. other thingadd one to this, a very disturbing brew. states that had, in effect, moratoriums on eviction's, those states are now ending their eviction moratoriums. has hadral government in place and eviction moratorium on subsidized housing that ends on the 31st of july. extra unemployment benefits end on the 31st of july, just a few weeks from now. there has been no movement in congress to renew those, particularly in the senate, although the house has renewed them. the senate has not. this is going to cause huge problems for people and a great deal of harm if these are not renewed. david: let's talk about the sorts of people that are most vulnerable. the people you just described, whether they have lost their jobs or are in danger or are on the front lines in jobs that make them come into contact with one another a fair amo

bureau of labor statistics shows average weekly wages in the bay area where the highest in the countryduring the final three months of last year. santa clara workers topped the list with average wages per week of $2800. san mateo county was second and san francisco third. the new york county, which is manhattan, includes manhattan and suffolk county in massachusetts, and includes boston and they round the board of supervisors approved a proposal to placing a five-eighths of one cent retail tax increase on the november ballot. it will last 60 months and under the assumption that the economy will recover by then. the county faces a budget deficit of more than 300 million dollars and critics are concerned about raising taxes on those affected by the pandemic and how much money would be spent. >>> bay area, tesla, will big in assembly plant near austin, texas, expected to get more than 60 million dollars in tax breaks from travis county and a local school district, while employing 5000 workers and when the factory opens, they will build the tesla new pickup truck. >>> it's 4:49 and in the

the bureau of labor statistics and the department of labor said that almost fourn unemployed in the united states for every job opening. third issue state and local funding. they have nothing to help states and local governments. now we know that state and local governments have got to balance their budgets. so extra dollars can only come from one source, the federal government. state and local governments have had to spend march a protector citizens of the onset of the virus. and the disease covid-19. the impact of the virus in the pandemic, blew a hole in theirt' budgets. so what's going to happen? when a state, whether it's a red state, blue state or whatever the political conditions, they are all the same when it comes to revenue loss. here's what's going to happen. sure as night follows day, they're going to have to cut education. so i would say to school districts, get ready for cuts. if your state cannot balance its budget it's going to be education cuts, and there'll be cuts to healthcare. probably medicaid in most instances. and there will be other cuts. public transit we are on a

bureau of labor statistics shows that store-bought food has gone up 6% over the past 12 months.hat's nearly four times as fast as the average inflation rate. meat, poultry and fish are seeing the biggest price surge. >>> well, apple is telling its employees if you're working from home, we'll bring the test to you. the company has confirmed it will ship covid-19 test kits to its workers. apple has been cautious through the pandemic. opened about 100 stores in march, but then closed them again when the cases spiked. apple also reportedly offering tests to employees who are back at work at its cupertino headquarters. >>> up next, not your normal call for help, the police officer turned raccoon rescuer here in the bay area. awesome internet. it's more than just fast. it keeeeps all youour dedevices runnnning smooththly. withth built-in n security that p protects yoyour kids.. ...no matttter whwhat they'rere up to. it protectcts your infnfo... ...and gives you 24/7/7 peace of f mind... ...thahat if it'ss connnnected, it't's protecte. evenen that thatat pet-t-camera thihingy. [ whines

as a result, the bureau of labor put -- of labor statistics published a jobless rate of -- for may butctually higher when adjusted for aiders -- when adjusted for data errors. if the bls fixes the data errors in june and starts properly accounting for who is working, the results may be an increase in the and employment rate. even if the reality is more people returning to work, adding to the confusion, the same jobs report include monthly payroll figures which are compiled with a different survey. economists worry it could send a diversion signal from the amount -- from the un-implement rate, raising questions about whether it is data error or something bigger. u.s. seniorloomberg economic reporter joins us now. -- do youesilience to expect to be perfected in the numbers? >> i am expecting another strong number, around 3 million jobs in the month of june. another decline in the un-limit rate. what really matters is what happens over the medium-term and how much this job growth is sustainable. obviously the june number will be a good one, unless we get another -- like we did in may but

in may and in june the bureau of labor statistics reported 8 million jobs gained and as larry likes toay the v-shaped rebound continues. >> are there any concerns that those [inaudible] the market seem denies the plumbing claims more than in recent weeks? >> are related to job supports, the 8 million together, both at record-breaking months are encouraging times and we like what we see on the horizon but of course there is more work to be down but we have a job for the president at the home to do that work. [inaudible question] >> we have not seen data to reflect that and we don't neglect holding a rally. >> , ask about -- [inaudible question] >> it did not come up in the discussions that i was a part of but i'm grateful you bring up the wall which is being built at an accelerated pace more than 500 miles by the end of the year and we appreciate the help of the mexican government in securing the border with the troops that they have provided. [inaudible question] >> again, i'm not aware of the other concessions that they have but xcode was a bit part in making that happen and bringing

came .4% -- 15.4% according to the bureau of labor statistics. let's hear from susan in jamestown new york. big concernve a about the $600 per week of employment. alsof the people are getting hundreds in foodstamps. the free lunch program is wonderful for the children. this money is being wasted like there is no tomorrow. they do not want to go back to work. the stores are hurting. they cannot get the proper change to give their customers because the banks do not have it because the paychecks are not going into the bank because the businesses are not open. michele, do you have any response? guest: one thing to keep in mind about uninsurance -- pandemic insurance is -- the chicago -- what thesiness prospects are if we don't do you and the prospect is gloomy. unemployment insurance spending generates local spending. during the height of the last recession, every dollar spent in unemployment insurance benefits generated local activity. that is why you have not seen the housing market crash. that is why you have not seen consumer spending drop. that

the bureau of labor statistics published a jobless rate but said it is higher. we can take comfort from the fact that the trend is it starts but if properly accounting for who is working, the result may be an increase in the unemployment rate, even if the reality is more people return to work. adding to the confusion, it includes monthly payroll figures compiled from a different survey. economist worry the payrolls number could send a diversion signal to the unemployment rate, raising questions about whether it is data error or something bigger. those are important dynamics to consider, but we heard from paul krugman. here is what he had to say. paul: it will look good but be in the rearview mirror. it is clear the high fixed the data and everything we are seeing says we hit a wall because of the spike in cases in the sun belt. yousef: let's get back to iain t. stealey, international cio, jpmorgan chase bank. expectation as we count down to the data. ton: i think it is difficult forecast. we saw the challenge people had last year -- i mean, last month around tha

combined as larry kudlow shared with me those facts in may and june the bureau of labor statistics that 8 million jobs gained as larry likes to say the v shaped rebound continues. >> are there any concerns that those jobs are not returning fast enough, particularly today the market seemed to notice the unemployment claims more so than they have in recent weeks? >> i would say that the two jobs reports the 8 million together, both record breaking months are very encouraging signs, and we like what we see on the horizon. of course there's more work to be done. we have a jobs president at the helm to do that work. >> the health department director in tulsa has said president trump's rally there likely contributed to a big surge in coronavirus cases in the area. does the president now regret holding that rally? >> so we have not seen data to reflect that. we don't regret holding the rally. >> [inaudible]. can you tell us if president trump discussed the issue of funding for the wall with -- [inaudible] -- is that a dead issue for the president? >> it didn't come up in discussions that i was

go and how much more information we will have about the classification issue at the bureau of labor statisticsk that is the problem they are working on. if there is an improvement in the quality of data, we will see a drop in any case. caroline: this classification has thrown off many economists, a huge beat as many economists got the numbers entirely wrong. what we did see was real to virgins between what is happening in terms of ethnicity -- we are seeing the numbers improved for hispanics and whites, but african-american numbers ticked higher. it was not improving. are you expecting some rectification in this month? romaine: i am not -- lisa: i am not sure. it improved for black men but not black women. because they are on the front lines of many of these jobs, they have caregiving responsibilities, there are jobs that require caregiving responsibilities and those have not returned and it is questionable whether some of these jobs will ever return. i think that may be sticky. there is another problem black women face and that is systemic racism. they are typically the last hired and the fir

the bureau of labor statistics came out with pricing data today that showed airline fares were jun 27%r for e, but delta limited its decline in pricing to about 9%. that signals to me that they have resisted the urge to get involved with some of the price war tactics on the domestic side. probably the right decision for them. i thought they did a nice job with capital expenditures. they actually spent virtually zero this quarter on new planes, versus $1.2 billion in the third quarter of 2019. they have not had the delivery of a plane since -- they have been much more successful in negotiating a deferral schedule with airbus. some of the expectations for a travel regan were bad. -- rebound were bad. two or three years before we get back to these levels. are you changing your outlook on when travel recovers? no, i agree with that outlook. was over there optimism, when we started to the uptick in leisure travel. i thought some of the airlines would be rushing to add capacity back to quick. i think we are probably going to be in 2022 before we see a robust recovery. delta confirmed that vi

yeah so just to give you an idea, in may, i think, the bureau of labor statistics showed that air fares the u.s. were down around 29% year-over-year. even as we got into june and you saw leisure demand -- leisure travel start to recover, the pricing was down 27% year over year that's about 30% worse than the consumer price index general i think what you look at what it does to operating earnings, even if you're hub and spoke, you add on how much more interest costs and put in here and the share count delusion from the big equity races that most of the airlines have done i think in a lot of cases, earnings per share, even if you get to more normalized demand level, where we are with pricing, new decbt, new equity, think the earnings per share will disappoint a lot of cases. >> do you think ultimately there will be bankruptcies in this industry >> i really can't make a high conviction call on that right now because we're seeing some pretty unprecedented stuff coming from government support. >> can you make a high conviction call that there won't be >> umm, you know, if you put me against

high as many businesses were ordered to shut down again >>> another report from the bureau of labor statistics shows aptly weekly wages were the highest in the country. santa clara county workers top list with a weekly wage of $2800 san francisco was third in new york and boston rounded out the top five. >>> the coronavirus outbreak has shifted with california overtaken the state of new york with the most cases in the country the reporter has been tracking the surge of cases across the nation from atlanta. >> as the outbreak grinds on, the focus turns to the south and west where searching cases is prompting new containment measures, more than 4 million americans have tested positive and i once a california become the state with the most confirmed cases of the governors focused on flattening the curve with new mitigation efforts including a pause on most indoor public activities. >> a sober reminder of why we are taking things as seriously as we are we modified the opening as it relates to moving activities into outdoor spaces >> the number of death also on the rise and more than two dozen stat

june overall, 10.1% for ande, 14.5% for hispanics 15.4% for blacks, according to the bureau of labor statistics. that's your next term susan in jamestown, new york -- let's hear from susan in jamestown, new york. caller: i have a concern on the $600 unemployment a week. people are also getting hundreds and stamps, the free lunch program is wonderful for the children. there's money is being wasted like there is no tomorrow, but people do not want to go back to work. the stores are hurting. they cannot even get the proper change to give their customers because the banks do not have it because the transactions and according to the bank because is this is are not open. host: susan in new york. michele, any response? guest: one thing to keep in mind about unemployment insurance, it is not just a benefit for those who are getting it but an economic stabilizer. right now we have not seen the crash. --- we looked at what the prospects are we do not continue the benefit, and for the whole economy it is gloomy. unemployment insurance spending generates local spending, so during the height of the section,

the bureau of labor statistics said that without major data collection errors the may rate would be a is biggest economic shock in the u.s. and in the world really, in living memory. we went from the lowest level of unemployment in 50 years to the highest level in closes to 90 years and we did it in two months. >> and in donald trump's reality, it's a fluke in an economy that is solely responsible. >> i built the greatest economy in the history of the world, and one day, because of something that never should have been allowed to happen. we had to closes the country. we had to close the economy. i built it. >> trump merely continued the trajectory that began under his predecessor. when president obama moved in to the white house, he inherited a economy in at that titatters. it was 8.8 million americans that lost their job. to bring the economy back, president obama signed the act that poured money back in to states and agreed to continue the bail out of the banks that began with president bush. >> when i ran for president, i promised i would not just do what was popular. i would do wh

weekly applications had never exceeded 700,000 previously, and whil >>> report from the bureau of labor statistics shows weekly wages and the bay area are among the highest in the country. santa clara county workers top with a wage of $2800. new york and boston round out the top five. >>> sonoma county supervisors will be deciding if they will find people and businesses for violating covid-19 health orders. jesse gary is here now, you have all the details. good morning, jesse. >> good morning to you. if they follow the lead of other counties, they will set up a system where they have residents that inform another residence. i had attended a meeting, the county public health officer is already encouraging residents to call local or state officials, if someone is breaking health ordinances. >> observing practices the compromise health and the health of coworkers and customers for the general public. call your local law enforcement agencies non-emergency number. for business matters, that office of industrial relations labor commissioner. >>> a five member board of supervisors voting to impose new fi

looking at futures unchanged or higher on the day ahead of the open, even after these worsening labor statisticsw much should the equity market be engaged in financial conditions for the federal reserve, something to shoot for with higher equity values being a good thing? fediam: i do not think the wants the equity market to go to any level. they want markets to be well-functioning. that is what they achieved. there are people on the federal reserve about how high the equity market -- a couple people talking about financial stability issues. i think the stock market is high because bond yields are low and bond yields are low because monetary policy has been accommodative for a number of years. the extent the fed is worried about the widening gap between wealthy and poor vigils, how concerned are they -- but are not leaving to a better market given the fact we are seeing a reversal in the claims numbers. william: they are frustrated by the fact they do not have good tools for income inequality. they wish they did. monetary policy is not well-suited for that. it is for congress and the administrat

bureau of labor statistics, 40% of u.s.orkers between the ages of 20 and 54 have children at home. which brings up the biggest question for working moms and dads. how they are going to be able to work full-time while their kids may be in school part-time. in south carolina, education officials are now backing away from their plan to reopen schools in the fall due to an increase in cases. in new york city, as you mention, the nation's largest school district, mayor bill de blasio said today that the city still doesn't have a plan in place. >> we are over two months away to the opening of school. a lot can happen, a lot of challenges can come up more progress can happen in that time. so we are going to be ready for any eventuality. >> in connecticut and illinois, students will be allowed back into classrooms with everyone wearing masks. >> honestly i think we are all just happy to have our kids back in school. >> i miss my friends. i also miss my teachers. >> only four states and d.c. have set dates for the upcoming school ye

unemployment rate came down dramatically, even though the bureau of labor statistics started counting it correctly. you can't complain what you saw about the numbers because that is just about the future. connell: right. you can't complain about the future, demographics, whatever group you look at, education levels, whatever it is, everybody is getting better. everybody is improving. we have a ways to go, losing 20 plus million jobs in march and april. getting 7 1/2 million thereabouts back. that brings up the next conversation at least people in washington are having. do we push forward with aggressive stimulus? the president talked to blake burman yesterday about supporting direct payments to individuals but it seems like the real sticking point here, between republicans and democrats will be about whether it's a good idea to extend the enhanced unemployment benefits. what do you think we'll see and what do you think we'll see it? >> i don't think we'll see an extension of $600 unemployment benefit as it is. it's a too big after hurdle to get a vibrant labor market. everybody should

bureau of labor statistics, 40% of u.s. workers between the ages of 20 and 54 have children at home. that brings up the biggest question for working moms and dads, how they are going to be able to work full-time while their kids may be in school part-time. in new york city, mayor bill de blasio said today that the city still doesn't have a plan in place but hopes to have some news in a few days. >> the bottom line is this: safety first. health first. everything we are going to do is going to be with that prism, to make sure we are convinced we can do things in a healthy manner for kids, parents, educators, staff, everyone. >> right now only four states and d.c. have dates for the upcoming school year beginning in august including hawaii, north carolina, missouri, and when and rhode island. the price tag on all of this is staggering. officials with the association of school business found that the average u.s. school district may need to spend an additional $1.8 million to reopen school building safely. that money comes with

most people look at the bureau of labor statistics that print out the weekly claims and the monthly jobs numbers. i haven't seen those census numbers and i don't know that i'd put a lot of stock in it but whatever. the fact remains as i was saying before, in some places job declines, job increases have been affected. i don't deny it but it's made up by people calling back employees so that actually the joblessness rate will fall. i'm not going to suggest -- i don't know the july number. we'll learn it in a week or so but i do think that the odds favor a big increase in job creation and a big reduction in unemployment. i just want to make the point, though. all the other signals, jake, most economists, wall street, elsewhere are suggesting we are in a self-sustaining recovery. you can argue about the speed of it. i get that. i don't deny that some of these hotspot states moderate that recovery but on the whole the picture is very positive and i still think the v-shaped recovery is in place and i still think there's going to be 20% growth rate in the third and fourth quarters. >> i just --

bureau of labor statistics shows some good news.rage weekly wages in the bay area were the highest in the country during the final three months of last year. santa clara county workers topped the list with a weekly wage of $2800. san mateo county in second. new york and boston, the counties their round out the top five. twitter earnings reports stronger user growth in the last quarter but big loss in revenue is of coronavirus. twitter based in san francisco, reports its daily user base rose 12% from the first quarter to 186 million. now twitter's revenue fell 19% in the second quarter from a year earlier to $683 million. twitter's shares have gained about 15% so far this year, compared to a 1% gain for the s&p 500. so, overall, not bad. but venture capitol funding for start up companies in the u.s. declined in the first half of the year, as the pandemic makes investors more wary of risks. according to the wall street journal, investors are uneasy about a surge in coronavirus cases in recent weeks and the inability to meet face to fa

her report from the labor of statistics show that average wages in the bay area were the highest in the nation during the final three months of last year. and clare county workers top the list with an average wage of $21. during the october to december quarter. massachusetts including boston rounded out the top five. >>> santa clara county is considering asking taxpayers to foot the bill for covid-19 expenses. they approved a proposal to placing a tax on the november ballot. it was proposed by a board president. according to county documents it would last 60 months under the assumption that the economy will recover by them. the county is facing a budget deficit of $300 million. >>> tesla said that they will be building the largest auto assembly plant near austin, texas. it will employ 5000 workers. they're expected to get a $60 million in tax breaks from travis county and the local school district. they will build tesla's cyber pickup truck it's open to tech companies like dell. it's expected to be available sometime late next year and that the federal government has announced a $2 bill

brought us the number at 8:15 eastern it is the lead into the employment report from the bureau of labor statistics we did the same thing last month. mathematically many think you are going to see improvement on jobs for a while, we are going to have to see how many come back considering the amount of reopenings and some of the inertia on current reopenings, but no matter how you slice it it's going to be a big number. now, if you look at a two day of bund, i go across the pond to make a point how much our markets are tied together, and finally the dollar index, you know, last tuesday the 23rd we touched unchanged on the year, you see it on the left-hand side of your chart there. basically we firmed up and now we've been hovering about a penny above that so we are up one penny on the year the point is that is equities correct? most likely the dollar index will continue to slip. carl, jim, david, back to you. >> rick, we will see you in 15 minutes for ism. we will take a break as we kick off the month of july and the third quarter. don't go anywhere. instead of trying to decide "should i invest in s

in april our revenues were up by over 80% and according to the bureau of labor statistics, we laid offple. that's more than many factory, construction, retail, education, health services combined. so, you can see there was tremendous carnage in our industry and thankfully, as you mentioned, the industry start to go recover, and albeit at a very, very slow pace. right now we're still up by about 45%. neil: what kind of restriction-- it's tough for you because you're all over the world, obviously. there are different restrictions in this country and even within those states. i don't know, even if you had the opportunity to fill your hotels to the brink, there are limitations, right? >> oh, you're absolutely right. when i talk about our industry still being off 45%, that's the average. so in some states and in some locations, the business is back in a big way. however, in some of the parts of the country our business is still up by 20% depending on the restrictions imposed by the government. so you have cities even, like chicago, that have imposed the 14 day quarantine requirement that af

all 50 states have begin to reopen their economies and the bureau of labor statistics reported that in may the economy added 2.5 million jobs. unemployment remains unacceptably high so we find itself in a rapidly evolving situation and congress and administration must evolve our response to meet those demands. i am keeping an open mind about what that response should look like but it's clear we should focus on the formulas work in the cares act, namely many to focus know what unreal problems that are demonstrated by the best and most appropriate data. never do, it should not be previous policy goals by republicans or democrats that predate the pandemic but should be a response. number three, it should truly help the housing and rental markets, not harm them through and attended consequences. number four, it should be bipartisan. i know the democratic memo points to all alarming statistics from apartment list.com on payments of rent from renters but the national multi family housing council data suggest significantly higher payment rates. i think we need to keep all that in mind and try

the bureau of labor statistics in the department of labor said almost four unemployed in the united states for every job opening. third issue, state and local funding. the republican proposal has nothing to help states and local governments. now we now that state and local governments got to balance their budgets. so extra dollars can only come from one source, the federal government. state and local governments have had to spend more to protect their citizens with the onset of the virus and the disease covid-19 and that -- the impact of the virus in the pandemic blew a hole in their budgets. so what's going to happen? well, when a state whether it's a red state or blue state or whatever the political conditions, they're all the same when it comes to revenue loss. here's what's going to happen. as sure as night follows day they're going to have to cut education. so i would say to school districts, get ready for cuts because if your state cannot balance its budget, they're -- there are going to be education cuts and there will be cuts to health care, probably medicaid in most instances. and

finally, cornerstone macro reporting bureau of labor statistics latest weekly household poll survey indicatesignificant downside risk for the july payrolls, cornerstone and nancy la glai lazar says thn momentum is likely temporary but to expect payroll gains at roughly 1 million between now and year end. she's expecting significant downside risk to the july payrolls, do you think the jobs market is going to be under pressure or could it grow more in 2021. >> it's not over. i think the employment numbers are going to get better and better as we move along here. we may -- you know, for one month, we may see numbers that aren't great. you can't fight the amount of stimulus, the trillions of dollars right now you that are being basically printed globally. it's insanity. i think that's why you look at the tech stocks, i think they're grossly over-valued here. i think that's because a lot of money that's available is pouring into them. so the fact that we're all putting those rosey colored sunglasses on does concern me about big tech. i think the economy's going to keep improving. i've been calling

the bureau of labor statistics at the end of may said there were 5.4 million jobs open that were not being filled. we have a problem. we have two problems. we can't do a deal because i don't believe our friends on the other side of the aisle are serious about doing a deal, but we have unemployment expiring and the current provision was too generous and created a perverse incentivize. and so i introduced a piece of legislation, and i have it cosponsored by the senator from indiana and the senator from florida would also like to speak to this. it's called the coronavirus relief fair unemployment act. there's no fancy being a anyone. it extends -- acronym. it extends federal plusup to the end of the year. the covid recession is not ending any time soon. so rather than have to come back and do this over and over again and increase the anxiety in americans that is unemployed, let's extend this to the end of december. our -- september. our bill gives states the option of either a $200 fat plusup or a plusup equal to more than two-thirds of an individual's average wage, not to exceed $500.

population plunged to 52.8% in may, meaning 47.2% of americans are jobless according to the bureau of labor statistics. it's not enough that 46% of business roundtable c.e.o.'s expect employment at their companies to decrease, decrease in the next six months. madam president, we don't need to inflict any further necessary and unnecessary economic pain and suffering. i would also urge my colleagues to consider the economic and human costs of inaction. indeed, during april 29, 2020, press conference federal reserve chairman powell stated, i have long time been an advocate for the need for the united states to return to a sustainable path from a fiscal perspective at the federal level. we have not been on such a path for some time, which just means that the debt is growing faster that be the economy. this is not the time to act on those concerns. this is a time to use the great fiscal power of the united states to do what we can to support the economy and try to get through this with as little dabbling to the long -- dabbling to the long-run productive capacity of the economy as possible. madam president

june overall, 10.1% for ande, 14.5% for hispanics 15.4% for blacks, according to the bureau of labor statisticsat's your next term susan in jamestown, new york -- let's hear from susan in jamestown, new york. caller: i have a concern on the $600 unemployment a week. people are also getting hundreds and stamps, the free lunch program is wonderful for the children. there's money is being wasted like there is no tomorrow, but people do not want to go back to work. the stores are hurting. they cannot even get the proper change to give their customers because the banks do not have it because the transactions and according to the bank because is this is are not open. host: susan in new york. michele, any response? guest: one thing to keep in mind about unemployment insurance, it is not just a benefit for those who are getting it but an economic stabilizer. right now we have not seen the crash. --- we looked at what the prospects are we do not continue the benefit, and for the whole economy it is gloomy. unemployment insurance spending generates local spending, so during the height of the section, eve

time nevada congresswoman dina titus says the coronavirus pandemic is making things worse statistics from the labor department show that in april may and june women experienced higher unemployment rates than men and women are also more likely to be exposed to the virus because women tend to work in front-line jobs that 2 of health care workers 2 thirds of social work. there's also grocery store and fast food workers over whether and a very frightening share of women. >>you show up to work. and report that they have symptoms because they fear losing their job doctor william spriggs chief economist at a f l c i o says those women are also less likely to have access to proper health care meanwhile white house economic adviser larry kudlow says reopening schools is one way to help women in traditional families too, but. >>single moms. who have to work. >>but if the kids are home, but the solution is not a simple one more than 75% of teachers are women, the kaiser family foundation says one in 4 teachers may be at risk of severe illness from covid-19 in washington alexandra le mon. >>george floyd's fami

time nevada congresswoman dina titus says the coronavirus pandemic is making things worse statistics from the labor department show that in april may and june women experienced higher unemployment rates than men and women are also more likely to be exposed to the virus because women tend to work in front-line jobs that 2 thirds of health care workers 2 thirds of social work. there's also grocery store and fast food workers over whether and a very frightening share of women. >>who show up to work. and report that they have symptoms because they fear losing their job doctor william spriggs chief economist at a f l c i o says those women are also less likely to have access to proper health care meanwhile white house economic adviser larry kudlow says reopening schools is one way to help women a traditional families too but. >>single moms. who have to work. >>but if the kids are home, but the solution is not a simple one more than 75% of teachers are women, the kaiser family foundation says one in 4 teachers may be at risk of severe illness from covid-19 in washington alexandra le mon. >>dozens of high

in may and june the labor bureau of statistics, 8 million jobs gains and i say larry likes to say, theebound continues. >> reporter: are there any concerns those jobs are not returning fast enough, particularly in the market you notice the unemployment claims more in recent weeks? >> press secretary mcenany: the two job reports, 8 million, record-breaking months are encouraging signs. we like what we see on the horizon. of course, there was more work to be done. we have the job of the present at the home to do the work. >> reporter: hi, the health department director in tulsa has said president trump likely contributed to a big surge in coronavirus cases in the area. does the president regret holding that rally? >> press secretary mcenany: we have not seen data to reflect that and no we don't regret holding the rally. yes. >> reporter: [inaudible] >> press secretary mcenany: i'm grateful that you bring up the wall that is being built. an accelerated case, 500 miles by the end of the year. we appreciate the help of the mexican government in securing the border with the troops that they

time nevada congresswoman dina titus says the coronavirus pandemic is making things worse statistics from the laborepartment show that in april may and june women experienced higher unemployment rates than men and women are also more likely to be exposed to the virus because women tend to work in front-line jobs that 2 thirds of health care workers 2 thirds of social work. there's also grocery store and fast food workers over whether and a very frightening share of women. >>you show up to work. and report that they have symptoms because they fear losing their job doctor william spriggs chief economist at a f l c i o says those women are also less likely to have access to proper health care meanwhile white house economic adviser larry kudlow says reopening schools is one way to help women in traditional families too, but. >>single moms. who have to work. >>but if the kids are home, but the solution is not a simple one more than 75% of teachers are women, the kaiser family foundation says one in 4 teachers may be at risk of severe illness from covid-19 in washington alexandra le mon. >>there's some v

time nevada congresswoman dina titus says the coronavirus pandemic is making things worse statistics from the labor department show that in april may and june women experienced higher unemployment rates than men and women are also more likely to be exposed to the virus because women tend to work in front-line jobs that 2 thirds of health care workers 2 thirds of social work. there's also grocery store and fast food workers over whether and a very frightening share of women. >>you show up to work. and report that they have symptoms because they fear losing their job doctor william sprint's chief economist at a f l c i o says those women are also less likely to have access to proper health care meanwhile white house economic adviser larry kudlow says reopening schools is one way to help women a traditional families too but. >>single moms. who have to work. >>but if the kids are home, but the solution is not a simple one more than 75% of teachers are women, the kaiser family foundation says one in 4 teachers may be at risk of severe illness from covid-19 in washington alexandra le mon. >>and fries tod

time nevada congresswoman dina titus says the coronavirus pandemic is making things worse statistics from the labordepartment show that in april may and june women experienced higher unemployment rates than men and women are also more likely to be exposed to the virus because women tend to work in front-line jobs that 2 thirds of health care workers 2 thirds of social work. there's also grocery store and fast food workers over whether and a very frightening share of women. >>you show up to work. and report that they have symptoms because they fear losing their job doctor william spriggs chief economist at a f l c i o says those women are also less likely to have access to proper health care meanwhile white house economic adviser larry kudlow says reopening schools is one way to help women traditional families too, but. >>single moms. who have to work. >>but if the kids are home, but the solution is not a simple one more than 75% of teachers are women, the kaiser family foundation says one in 4 teachers may be at risk of severe illness from covid-19 in washington alexandra le mon. >>and coming up ne

the unemployment rates skyrocketed to 14.7%, the largest rate since the bureau of labor and statisticsmuch of this job loss is coming from lower wage occupations. americans have heeded the advice of federal, state and local officials and have -- and have done their part to slow the spread of coronavirus. but now it is time to allow them to return to their normal lives. the government cannot and should not manage the risk for its citizens. we the people have to do that for ourselves. in terms of health care, we must build upon the actions of congress and president trump's administration to increase access to care in underserved communities. telehealth policies has advanced years during this pandemic. and we must work to ensure rural and underserved communities are able to assess it. i advocated to cms that telehealth should be expanded to allow some visits to be conducted audio only and i was pleased they listened. this policy has helped mitigate one of the key problems with access to telehealth which is access to technology and broadband in rural areas in underserved communities. congr

lowest labor participation rate since the '70s. you know my statistics. i mention them often. did they pass, do joe and barack pass criminal justice reform? no, that was donald trump. they passed police reform? as vice president biden and president trump was president after baltimore, after ferguson, after cambridge after many other incidents, no, they didn't. president trump got the job done. did they create opportunity zones in struggling neighborhoods? no. donald trump did it. by the way, it was president trump who oversaw record low unemployment, one record after another after another after another. shattered. record low unemployment for african-americans, hispanic-americans, asian-americans, women in the workplace, youth unemployment, african-american youth unemployment. donald trump did that. joe and barack never accomplished or came near shattering any record except they had the worst recovery since the '40s, now biden, his fellow democrats, they have no plan to fix american cities.he for decades and decades, they have all talk, all politics, all symbolism, zero action,