here's more from president biden. >> i see marty walsh, my labor secretary.ve done a hell of a job, pal, cutting the red tape so that companies can set up, registered apprenticeships for truck drivers in two days instead of two months, which it was before you took over. these apprenticeships are going to help new drivers get trained better and faster and help companies retain drivers in a field that has a lot of turnover. >> joining us now is president biden's labor secretary, marty walsh. thank you very much for joining us tonight, mr. secretary. really appreciate it. >> thanks for having me. great to be on the night before christmas eve. >> so a month ago and beyond that there were a tremendous amount of fear-based reports about christmas gifts not arriving on time, shelves being empty in stores because of the supply chain. you responded to those fears in the administration, but what did you found to be the reality of the supply chain and what you needed to do to make sure that the christmas deliveries were working well? >> certainly, you know, we still hav

i see marty walsh, my labor secretary. marty, you have done a hell of a job, pal, cutting the red tape so that customers -- companies can set up registration for truck drivers in two days, not two months, as it was. these partnerships will help new drivers get trained faster and help companies retain drivers in a field that has a lot of turnover. i'm looking to hear about new partnerships with trucking companies and states to get more truckers on the road into good paying jobs. we also need to build resilience into our supply chains. we can never again be left vulnerable the way we were in the early days of covid-19. one important way to do this is to make more things here in america. that has been a goal of mine since day one of my administration. we have more than 300,000 u.s. manufacturing jobs. more than 300,000 at it since i took office in january 20. the more i what we buy in america should also be made in america. the second area of protecting american consumers. take gas prices. months ago, i saw oil production was

. >> reporter: hey, philip, we're at the port of los angeles where secretary la lor marty walsh is making ever at ships like this coming into port it's coming from tacoma, washington it's taken about 40 days to get here that's what we want to ask him in ouric exclusive interview when is this supply chain crisis going to be over for the first time, labor secretary marty walsh filling the port of los angeles, filled with aiding container ships. >> i would say they're not work 24/7 but at a higher capacity. >> reporter: when do you think the supply chain will get back to normal in. >> i don't think it's been normal, there have been ups and downs. >> reporter: the port of l.a. says it's dropped 37% since late october. fed chief jerome powell laying out new fears. >> great concern about the virus may reduce people's willingness to work in person, which would slow the labor market and intensify supply chain disruptions. >>> >> reporter: how are you going to intensify people to go back to work >> i think as we figure out the new variant, we need to stress people getting vaccinated, boosters, wea

marty walsh thank you welcome back to washington post live. >> jonathan thank you for having me back today. >> we did see interesting numbers in the recent job support last week, 26,000 manufacturing jobs were added. the industry is still down by hundred and 53,000 jobs since february 2020. what is the overall state of the manufacturing sector today? >> certainly we want to see more involvement and employment in the manufacturing sector. we have some more work to do to get back to levels of before. one of the opening remarks here the president has two plans. by american and creating more opportunities for the supply chain of america and manufacturing. not only do we want to get back to where we were pre-pandemic, but also the president's goal and agenda quite honestly is to go far beyond that. we are seeing a lot of short -- this some issues with supply chains as we move forward here. we want to bring those jobs back to america. >> you mentioned by american, which i want you to go into more into that now. my next question was be wood was going to be what is the biden administration's

marty walsh will join me next to break down the numbers. they were below forecast.. and celebrate every kiss... ...with kay. no, he's not in his room. ♪ ♪ dad, why didn't you answer your phone? ♪ your mother loved this park. ♪ she did. ♪ sales are down from last quarter, but we're hoping things will pick up by q3. yeah... uhhh... doug? [children laughing] sorry about that. umm...what...it's uhh... you alright? [ding] never settle with power e*trade. it has powerful, easy-to-use tools to help you find opportunities, 24/7 support when you need answers, plus some of the lowest options in futures contract prices around. get e*trade and start trading today. ♪ i see trees of green ♪ ♪ red roses too ♪ ♪ i see them bloom for me and you ♪ (music) ♪ so i think to myself ♪ ♪ oh what a wonderful world ♪ >>> in the next hour, president biden will speak live addressing the november jobs report. the economy added 210,000 jobs last month. that is less than half the number forecast by economists. the unemployment rate slipped to 4.2%, a new pandemic-era low. the economy, however, st

labor secretary marty walsh.t this new number is clearly a miss. what happened? >> i don't know if it's a miss. i mean, every month that i've been standing here, the forecast has been either higher or lower. and there have been different -- i think at the end of the day, when you look at the story here during president biden's administration, we're seeing a lot of success. we're seeing a recovery that's working, nearly 6 million jobs added to the economy, we're seeing nearly two points dropped off the unemployment number. we're seeing people in manufacturing, construction, in those areas that quite honestly have been underperforming even pre-pandemic or doing well. we certainly have work to do. there's no question about it. but i would say, we have to look at the whole picture and not just month-to-month snapshots. >> given all of that and add in the biggest ceos in this country are saying the supply chain issues are improving, the price of gas is dropping, consumer demand is up, those are all big positives, in a

after that marty walsh is speaking with a host who has a british accent at 9:30 a.m. and president biden is ready to comment at 10:15 a.m. i am curious to watch marty walsh with our own jonathan ferro, just to see how he talks about the shift the power to labor pop --, how do we talk about the increases we have seen in wages that are not keeping pace with base consumer inflation but are running at some the past -- fastest pace as we have seen. at 10:00 a.m., the u.s. ism data for november. we will see the momentum in the services sector into the potential new variants of covid, which may or may not have lasting power. i want to see what the momentum is light. we were already dealing with the delta variant. we need to shift from buying goods to services. jonathan: just going to have some commentary from the bank of england saying "omicron is a key consideration for a december rate decision. that coming on december 16 and he says we likely need a rate height -- hike and if we move quicker those moves can be limited. you have to imagine that would be the case three or tw

jon ferro will be speaking with labor secretary marty walsh are you very much looking forward to that conversation, especially as we talk about the shift of power to labor. ? ? how much has that gone? ? how far can that continue? president biden will continue the conversation with a jobs report i tingled and 50 a.m., and we get u.s. ism services data for the month of november. how much of an ongoing recovery can we see, even as we have the delta issues that are still in place, even though we have people still remaining out of the workforce because they are worried about getting sick? how much can we see that shift from goods to services in this economy? jonathan: this talk about that estimate, 65. anything above 50 is expansion. if you are running in the mid to high 50's, that is a pretty decent clip. mid 60's is fantastic. we thought that would fade, and that is still the number people expect a little bit later. jonathan: but how much -- lisa: but how much do we have to recover, and what is the threat of the omicron variant? we are already hearing about people canceling holiday plans

. >> joining us now, is president biden's labor secretary, marty walsh.ery much for joining us tonight. >> thanks for having me. it's great to be on the night before christmas eve. >> so, about a month ago, and beyond, that there was a tremendous amount of fear base reports on christmas gifts not arriving on time, shelves being empty in stores, because of the supply chain. you responded to those fears in the administration, but what did you find to be the reality of the supply chain, and what you need to do to make sure that the christmas deliveries were working well? >> well, certainly, we have work to do with the supply chain, there's no question about it. myself and other folks have -- both on the east coast in the west coast. but, the president was very clear, at the end of the summer in early fall, that he wanted to make sure that we were not -- during the holiday season, where we open the poorest 24/7, allowing the opportunity to do. that working on trucking issues, we've gotten more fine tune on those over the last couple weeks. we made it a little

taylor: we spoke early with -- earlier with the labor secretary marty walsh. . he spoke a lot about trucking. take a listen to what he had to say. >> the issue of trucking obviously started long before the pandemic. this issue is not just a supply chain issue. this is an industry issue, the issue of the pandemic magnified issue but as we looked at the trucking issue, myself, secretary buttigieg, and other departments realized it was a long-term problem here so we would need a better solution than simply putting a band-aid on the situation. taylor: elizabeth, is it a bigger issue than just the pandemic related issue? >> it is so many forces at play. it is the workforce. you've seen all the advertisements. the number of nights home, the work quality, it is challenging, so people will tend to have very high turnover. the numbers i've seen from the truckee -- trucking industry turnover are shocking. part of it is the changing models and deploying. assets in different ways the workforce shortages, all of it is coming together and i think as marty's comments are spot

marty walsh will be joining us on the disappointing jobs report at 10 am eastern time this morning. look at this video. another smash and grab in california. thieves got away with 70,$000 in jewelry in just 12 seconds. is the white house ready to admit soft on crime policies don't work? they are blaming the pandemic on all this smash and grab. it is staying in california. the great governor there spent his thanksgiving vacation at a 29,$000 a night villa, owned by a russian oligarch. we will let steve hilton loose on that one. enes kanter freedom wants to sit down with lebron james to educate him on the human rights abuses in china. did lebron response? enes kanter freedom is here in the next hour. it is a packed show. matt schlapp, congressman jim jordan, the roy murdoch is here, december 3rd, 2021. "vney and company" is about to begin. ♪♪ ♪♪ ♪♪ nobody going to slow me down ♪♪ i've got to keep on moving ♪♪ dave: great to break my stride. we have the november jobs report, big disappointment. >> reporter: tough report. it came in at half the level we were expecting, 10,000 jobs, nota

out for trump because of the january 6th committee, he wants to chris some distance. >>> plus, marty walsh, joe walsh joins me in the new episode of podcast and spotify. he talks about his life in the fast lane with the eagles a decades long addiction problem. and his future brother-in-law, a drummer by the game of ringo star along with his future wife and ringo's future wife. he talks about how losing his father and being a member of a gold star family inspires him to help veterans. i hope you can watch. joe walsh invites fans into his home for his fifth annual vets. it's going to be streaming live from his basement studio at 8:00 p.m. and featuring performances by joe walsh and special guests. it's for a great cause. you can grab tickets from vetsaid.org. something he was inspired by losing his dad and sadly a gold star family. you are watching "morning joe," we'll be right back. e watching we'll be right back. biden: this is the challenge of our collective lifetime. and every day we delay, the cost of inaction increases. we have the ability to invest in ourselves and build an equitable,

. >> reporter: for the first time labor secretary marty walsh visiting the clogged port of los angeles container ships. >> i would say the port may not be operating 24/7, but at they're certainly operating as a higher capacity >> reporter: when do you think the supply chain will be back to normal >> i don't think there's ever a normal in the supply chain. i think it's always been ups and downs >> reporter: the port of l.a. says the number of containers waiting to be unloaded has dropped 37% since late october, but fed chie jerome powell today laying out fears brought on by the omicron variant. >> greater concerns about the virus could reduce people' willingness to work in person which would slow progress in the labor market and intensify supply chain disruptions. >> reporter: how are you as labor secretary going to incentivize people to keep going back to work >> i think the biggest thing is as we figure out the new variants we need to continue to stress people getting vaccinat boosted, wearing masks, being careful. >> reporter: but it is more than for this small business owner hiring

manufacturing, and jobs, and who better to talk about all of that than the secretary of labor, marty walsh. welcome back to washington post live. >> thank you for having me today. >> we did see interesting numbers in the most recent jobs report issued last week, 26,000 factory jobs added in september, but the industry is still down by 353,000 jobs. what is the state of the manufacturing sector today? >> certainly we would want to see more involvement in the manufacturing sector. we have work to do to get back to the level. the president as two plans, buy american and greeting or opportunities for supply chain in the united states and american manufacturing. not only do we want to get back to where we were pre-pandemic, but the president's goal and agenda is to go far beyond that. we are seeing issues and supply chains as we move forward. we went to bring those jobs back to america. >> you mentioned buy american. i want you to go into more on that, because my next question to you was going to be what is the biden's administration degree plans and incentivize upgrading manufacturing plans an

department of labor secretary marty the walsh tried to explain it -- marty walsh tried to explain it. here you go. >> my marching orders are to get people back to work, get people trained up. the prime minister's focus is give -- the president's focus is getting people into good paying jobs. lauren: we have our floor show traders, adam, what do you make of the jobs data? >> it's a little bit of a messy month. there's some contradictions in the data. like you said, the payroll are number came in disappointing at around 200,000, but if you look at the households survey which surveys house helds instead of businesses, we had over a million jobs. that's why the unemployment rate fell. i tend to lean a little more to the household survey this month. i think the establishment survey's got some weird noise going on, some weirdness in the adjustment factor. now, overall i'm a little bit more optimistic than i think a lot of people are reading the survey. lauren: so, tim anderson, what do investors think that means to the federal reserve and their interpretation of the economy? >> it's very si

coming up, marty walsh, u.s. secretary of labor, at 12:00 p.m. in new york, 5:00 p.m. in london.omberg. ♪ let's check in on the bloomberg first word news. i'm justin morton. the u.k. is hinting at the prospect of more assistance for the country's embattled restaurants, pubs, and nightclubs. chancellor of the exchequer rishi sunak is meeting today with were presented of's of the hospitality industry. they have been asking for more aid to offset the wave of cancellations caused by the new coronavirus wave. france is taking steps to fight omicron, restricting rivals from the u.k. all those coming from britain will have to have a negative virus test less than 24 hours old, plus test again on arrival and i sleep for at least 48 hours. citigroup told staffers in the new york metropolitan area to work from home over the holidays if they are able. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm justin morton. this is bloomberg. guy: thank you very much, indeed. as you just heard, citi adds t

for example, i see marty walsh, my labor secretary. a hell of a job cutting red tape so that companies can set up registered apprenticeships for truck drivers in two days instead of two months, which it was before you took over. these are going to help new drivers get trained better and faster and help companies retain drivers in a field that has a lot of turnover. so i am eager to hear about the new partnerships with trucking companies and states to get more truckers on the road and into good paying jobs. we also need to build resilience into our supply chains. we can never again be left vulnerable the way we were in the early days of covid-19. one important way to do this is to make more things here in america. that has been a goal of mine since day one of my administration. we have added more than 300,000 u.s. manufacturing jobs, more than 300,000 added since i took office january 20, and we are going to keep at it because the more of what we buy in america should be made in america. the second area is protecting american consumers.

for example, i see marty walsh, my labor secretary. mpanies can set up registered apprenticeships for truck drivers in two days instead of two months which it was before you took over. this apprenticeship will help drivers get and retain drivers in a field that has a lot of turnover. so i'm eager to hear about the new partnerships with trucking companies and states to get more truckers on the road and into good paying jobs. we also need to build resilience into our supply chains. we can never again be left vulnerable the way we were in the early days of covid-19. one important way to do this is to make more things here in america. that has been a goal of mine since day one of my administration. we've gotten more than 300,000 u.s. manufacturing job, more than 300,000 added since i took office january 20th. we're going to keep at it, because the more of what we buy in america should be also made in america. the second area of protecting american consumers. take gas prices. months ago i saw oil production wasn't keeping up with demand as t

we'll hear from secretary marty walsh how the administration is trying to address the shortages sinceur daughter and her kids moved in with us... our bargain detergent couldn't keep up. turns out it's mostly water. so, we switched back to tide. one wash, stains are gone. [daughter] slurping don't pay for water. pay for clean. it's got to be tide. to be a thriver with metastatic breast cancer means asking for what we want, and need... and we need more time. so, we want kisqali. living longer is possible and proven with kisqali when taken with a nonsteroidal aromatase inhibitor in premenopausal women with hr+, her2- metastatic breast cancer. kisqali is a pill that's significantly more effective at delaying disease progression versus a nonsteroidal aromatase inhibitor alone. kisqali can cause lung problems or an abnormal heartbeat, which can lead to death. it can cause serious skin reactions, liver problems, and low white blood cell counts that may result in severe infections. tell your doctor right away if you have new or worsening symptoms, including breathing problems, cough, chest pa

alix: that was marty walsh speaking on bloomberg television in the last hour.un a code clark is here from citigroup global markets -- veronica clark is joining us. we are seeing increased bets right now on a hike from the fed. is your interpretation of the job market good or bad? >> the headline number was a bit softer than expected. the most important take away is that labor supply is still an issue here. the drop in the unemployment rate was very notable, and this is a much tighter labor market. our base case is for the first hike in june, but it could be earlier. guy: veronica, what role will omicron and delta play in that calculation in your mind? a former member of cite type, now with a bank of england, making a speech earlier on suggesting maybe the bank of england should wait -- a former member of citi, he said maybe the bank of england should wait because he does not know the impacts the latest weibel have on the economy. how does that apply in the u.s.? >> there is still a lot we do not know about the virus itself. but i think what we have learned are

. >> reporter: for the first time labor secretary marty walsh visiting the clogged port of los angelesting 24/7, but they're certainly operating at a higher capacity. >> reporter: when do you think the supply chain will get back to normal? >> i don't think there's ever a normal in the supply chain. i think it has been ups and downs. >> reporter: the port of l.a. says the number of containers waiting to be unloaded dropped 37% since late october, but fed chief jerome powell laying out new fears brought on by the omicron variant. >> greater concerns about the virus could reduce people's willingness to work in person which would slow progress in the labor market and intensify supply chain interruptions. >> reporter: how are you as labor secretary going to incentivize people to go back to work? >> as we continue to figure out the variants we need to continue stressing people getting vaccinated, boosted, wearing matchings. >> reporter: it is more than that for a boutique owner in chicago. hiring for her is difficult because she has to compete with major retailers. >> unfortunately, if we're

marty walsh was there primarily to the $17 billion in the recently passed of the structure bill to helpeate jobs. he also toured report to see how it was handling the cargo and asked why we are seeing a backlog. >> what is causing this as we are living in a global pandemic. we cannot lose sight of that. we have to remember the supply issues are not simply about unloading ships in the harbor but feeling containers in other parts of the world that also shutdown factories. as we continue to move forward and get more people vaccinated and come through this, we will be stronger. reggie: the port of los angeles and part of long beach have been fining companies to get the supply chain moving. online shoppers are up against " green spots." software programs designed to purchase large amounts of hot ticket items. we talked to a savvy southbay expert who found success turning on push notifications for social media accounts known to announce item availability. >> if you go on a site like amazon, you have the ability to do one and click purchasing and hope for the best. i was able to get three time

i will also speak to labor secretary marty walsh later this hour. >>> plus, this morning, actor alec, very emotion

marty walsh was there primarily to tell the $17 billion in the recently passed infrastructure bill that jobs. walsh also towards the port to see how it is handling all the cargo and was asked why we have seen such a backlog. >> what is causing this is we're living in a pandemic, and we cannot lose sight of that. we have to remember that the supply chain issues is not just about unloading ships here in the harbor, it is also about filling containers and other parts of the world that also shut down factories. as we continue to move forward here and get more people vaccinated and come through this, we will be stronger. kumasi: the port of los angeles and port of long beach have been fining companies for lingering containers in order to get the supply chain moving. cyber monday, it was one of the biggest online shopping days of the year, but we all spent less. adobe crunched the numbers and says americans spent $10.7 billion, and that is a 1.4% decrease from the record-breaking cyber monday last year, when online sales totaled 10.8 billion. dollars adobe says supply chain issues and smaller

the president didn't really address that part, but you had marty walsh on a couple hours ago here on msnbc. i want to play part of what he said and then we'll talk about it on the other side. oh. well, steph, maybe you can. >> reporter: i can tell you about it. >> we don't apparently have it. thank you. >> reporter:. the president is certainly underplaying this jobs report. what's important to remember for the last few months michael noted it. the jobs report numbers keep getting revised up over the last few months, because the way we're getting this information is obviously getting more difficult during covid. but look at the household survey. you mentioned it at the top. unemployment is ticking down and the highest number of americans back on the job since prepandemic. to say the jobs picture isn't good in america right now is absolutely false. but i credit the president in terms of messaging. he took a swipe at the media and had a right to talking about supply chain issues. we still have supply chain delays. remember, the u.s. government cannot control all of the supply chain. it'

for example, i want -- i see marty walsh, my labor secretary.nies can set up registered apprenticeships for truck driver's in two days instead of two months. these aparen sisships are going to help new drivers get trained better and faster and help companies retain drivers in a field that has a lot of turnover. i'm going to hear about the new partnerships with trucking companies, and states to get more truckers on the road and into good paying jobs. we also need to build resilience into our supply chains. we can never again be left vulnerable the way we were in the early days of covid-19. one important way to do this is to make more things here in america. that has been a goal of mine since day one of my administration. we've added more than 300,000 u.s. manufacturing jobs. more than 300,000 added since i took office in january 20th. we're going to keep at it. because the more of what we buy in america should be also made in america. the secondary protected american consumers, take gas prices. months ago i saw oil production wasn't keeping up wi

manufacturing, and jobs, and who better to talk about all of that than the secretary of labor, marty walsh. welcome back to washington post live. >> thank you for having me today. >> we did see interesting numbers in the

labor secretary marty walsh spoke to bloomberg after the report. >> if you look at what happened sincesident biden has taken off, i'd say we have a strong market moving forward. obviously, we have job openings that we have to work on, we saw people out of work. and as you mentioned, and the words before i came on here, we're still dealing with the coronavirus. we are looking at the new variant to see what the impacts are. overall, i feel good about where we are going as an economy. we brought inflation up in the president made some moves this week with the oil reserves, and also creating an economic plan. we are seeing people with more opportunities and more money in their bank accounts than this time last year, or pre-pandemic i guess i should say. you still have work to do, no question about it. but i feel good where we are headed. >> let's talk about that work. we know where wages are, close to 5%. i believe a lot of people in this economy and market our -- and secretary washes looking closer to seven on cpi. do you still see the benefits of running this economy hot? are there benef

workforce, but are actually still working in some fashion or another >> you talked about that with marty walsh. >> they asked me for benioff's number i don't know what came of it just to get more better numbers. the numbers are tabulated. they were before the great digitization. >> you do start to wonder a bit. >> that's why leiesman said this morning he doesn't buy the numbers. >> and he got that dead right, but he also had to do a mea culpa. >> he did. meanwhile, back to omicron, there are employers who are going to put offer once again. >> agreed point. >> google putting off back to the office alphabet is one of the latest. some of the biggest technology companies have made it vaguely optional. >> i have a stock for this i have a key to this market. it hit an all-time high yesterday. sherwin-williams it's a retailer. people are coming away from home depot. when google says, listen, let's go back to work, you know -- >> i have to live in a nicer room. >> and then an added layer of moving past the supply chain hiccups we thought was going to torment stocks like these. remember that? >> i know

steady gain of jobs, more of a rocky hill sort of going up, going back down, the labor secretary marty walsh saying this is a president that is still focused on jobs. >> marching orders to get people to work to go back to work, get people trained and get people back into jobs and the presidents focus is getting people the opportunity to get into good paying jobs and the middle class. reporter: now the labor force participation rate did tick up to 61.8% that's something the federal reserve likes to see there be enough, it seems, in this report, neil, some would say for the federal reserve to remove more of that accommodation and go faster on the tapering because they do want to handle any type of recession that could come or any type of slow down with the interest rate hikes and they need to get rid of the other accommodation to do that. neil: got it, edward lawrence thank you very much of course tapering talking about but roughly $120 billion a month the treasury or the federal reserve has been behind buying up scooping up treasury securities, mortgage back securities i think it breaks down