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Later ballots it's -- -- the numbers with a Wall Street Journal's executive editor or business editor and managing editors well lots of titles John -- he's here.
The Wall Street Journal by the way owned by the parent company this network.
A lot of things were said about sequester.
A lot of haven't happened.
People at the very bottom of the income chain are hurting their benefits didn't get extended to people without a voice have been hurt in a big -- -- but it's not everywhere yeah that's right is more.
Part timers in this job reports you can look around the edges of it and you can find.
Things that -- were you.
-- on on the other hand people back from it it's good news -- this was a notable improvement in the job picture.
The unemployment -- rate went down for the right reasons.
The revisions to the past two months shiver that you -- -- out.
We're really important member it was last month when the numbers humid 88000 people say oh my gosh we're headed into another one of those spring -- wounds.
Just like we had last year well that got way revised upward in the previous month did too so.
Over the last year two million jobs added to payrolls that's that's not a as a slow moving recovery.
Truly but it's a recovery.
You know are you starting to feel it.
You know -- recoveries are things that sometimes you feel in your communities New York is not is not representative of the rest of the nation I know -- There's a lot of movement in our industry I have my family's in Oxford Mississippi it's booming their job there are more jobs everything feels better yeah.
Well the housing market is certainly showing that right so almost across the board you're seeing housing prices rise in places like New York City really rise and -- taken off.
You see any consumer sentiment numbers are -- a Wall Street which you know we shouldn't downplay it because housing prices going up as we know and Wall Street going up makes people feel richer.
But in the unemployment went in the employment numbers -- well you saw.
Numbers being added to retail operations which means that the consumers coming in and buying things so.
Retailers had to add workers to service them.
That's kind of a good positive.
Trends and what what -- thing.
During a recession that those -- big money corporations and -- started just keeping their money.
There's trillions of dollars on the sidelines looking for a place to go is that movement starting -- You're not you're you're you you it goes even beyond that right so if there's a lot of cash on hand in these companies but the companies have been paying down debt -- that replacing what's cheap debt because interest rates -- down -- -- So you have a corporate sector in the United States and in parts of the world -- it and make perhaps the regular yeah.
Where the corporate balance -- simply are healthier they're stronger.
And so win the investment trends pick up what you've seen some of -- begin to happen -- -- but when they really pick up.
Corporate America is going to be in a better position to add jobs and had manufacturing which was where we were -- in these numbers this summer.
I'm looking forward to -- real -- concede much.
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