Business
US Jobs Report: September Payrolls Top Expectations at 336,000 Jobs Added
U.S. payrolls surged in September adding 336,000 jobs as the unemployment rate holds steady at 3.8 %. Bloomberg’s Michael McKee breaks down the numbers.
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“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Jessica Taylor, Senate and Governors Editor at the Cook Political Report with Amy Walter, says public and private polling shows the Texas Senate race essentially tied, with Ken Paxton’s political and personal baggage helping put the state in play for Democrats. Former US Ambassador to NATO Ivo Daalder says the Trump administration lacks a concerted strategy to pressure Russia into negotiations, arguing Washington needs to combine continued military support for Ukraine with stronger economic pressure and diplomacy. Texas Agriculture Commissioner Sid Miller says President Trump’s push to bring in more foreign beef is hurting US ranchers and could cost Republicans support in the midterm elections.
Chapters:
00:02:27 Bloomberg’s Kate Sullivan on Trump Heads to Texas as Senate Race Tightens
00:06:20 Jessica Taylor, Senate and Governors Editor at the Cook Political Report with Amy Walter, on Texas Senate Race Moves to Toss-Up
00:09:30 Jessica Taylor on Midterm Battlegrounds and Canada Trade Fallout
00:11:36 Power Moves: Top Financial Moves
00:14:59 Ivo Daalder, Former US Ambassador to NATO, on Russia, Ukraine and the Risk to NATO
00:17:01 Ivo Daalder on Trump-Putin Relationship and US Strategy
00:18:43 Ivo Daalder on How the US Could Pressure Russia
00:21:02 Ivo Daalder on Would the US Defend NATO Allies?
00:23:01 Ivo Daalder on China’s Role in the Russia-Ukraine War
00:24:44 Sid Miller, Texas Agriculture Commissioner, on Trump’s Beef Tariff Move Draws Rancher Backlash
00:27:54 Sid Miller Warns of More Farmer Bailouts
00:30:02 Sid Miller on Could Trump Lose Support From Farmers?
00:30:55 Sid Miller on Texas Data Centers Spark New Concerns
00:33:31 Bloomberg’s Mike McKee on Fed Officials Gather at Jackson Hole
00:36:56 Political Panel Reacts: Texas Senate Race and the Midterm Map, Can Congress Help Farmers Before the Midterms?, What’s Next After Karoline Leavitt?
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Earl Davis, BMO Global Asset Management Fixed Income & Money Markets head, says using the Treasury General Account to fund expanded buybacks is not a significant worry for him. Davis says he would be a big buyer of 10-year bonds at 5%. He speaks on “Bloomberg Surveillance.”
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Russia is preparing to escalate attacks on Ukraine after concluding that negotiations for a peace deal have reached a dead end, according to three people close to the Kremlin. Bloomberg’s Anthony Halpin has the details.
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China’s humanoid robot makers now control 97% of global shipments, giving Beijing an early lead over US rivals. But can they become everyday tools?
At the World Robot Conference in Beijing, robots sort boxes, handle laundry and bag clothes, as Allen Wan finds out.
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Citi Wealth CIO Kate Moore joins Bloomberg’s Lisa Abramowicz and Tom Keene from Jackson Hole, Wyoming.
She reacts to Fed Chair Kevin Warsh’s debut Jackson Hole speech.
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@tcb9324
December 11, 2023 at 5:21 am
When will democrats realize that they are actually LIBERTARIANS?
RESEARCH
@jenisejackson5408
December 11, 2023 at 5:21 am
So, people who already had jobs got better jobs. This is not an accomplishment since all the other data, unemployment numbers are unchanged!
@jeff1pain148
December 11, 2023 at 5:21 am
only if you like flipping burgers…….
@scholarlyreader383
December 11, 2023 at 5:21 am
The biggest fabricated horse shot… Lies lies
@prplehearts
December 11, 2023 at 5:21 am
Confirms how moronic the news readers at Bloomberg are…they count part time jobs a lot of people need now to make ends meet because of inflation as part of the jobs gain!
@Natasha247
December 11, 2023 at 5:21 am
I really love your content. It is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. I'm excited I started making over $75k every 30days.
@geoffmcnew5863
December 11, 2023 at 5:21 am
73,000 gov't parasites were added…151,000 Americans sought part-time minimum wage jobs…and 22,000 full-time salaried Americans LOST their jobs in Sept.
@sddukay1744
December 11, 2023 at 5:21 am
Because people are taking on more jobs to survive. They aren't fooling anyone.
@sheldonneil2800
December 11, 2023 at 5:21 am
Pay attention to the message not the messenger
@Mona1930
December 11, 2023 at 5:21 am
Does this include seasonal hires? Or part time employees? They will not be needed in Jan..
@bla-ig4bd
December 11, 2023 at 5:21 am
When is the BLS going to be held accountable to the BS data they produce? wait for the revisions
@lizkeith1356
December 11, 2023 at 5:21 am
RFK ALL THE WAY. HE'LL SHOW YOU REAL JOB GROWTH
@13Liberty50
December 11, 2023 at 5:21 am
ALL WERE PAID WITH GOVERNMENT MONEY
@stephencooper3583
December 11, 2023 at 5:21 am
Alot of negative comments.
Good news just brings out the whiney b**ch in some people, I guess.
🤷♂
@ecbrown6151
December 11, 2023 at 5:21 am
WOW the mental gymnastics involved in trying to paint what is an outstanding jobs report and historically low unemployment rate as somehow a BAD thing. How stupid! You are not a “patriot” if you are rooting for our economy to collapse so that we can install a fat orange clown as dictator. Luckily reality is not on-board with your deranged fantasies. Maybe education is a GOOD thing, who knew (basically everyone)? So good luck, I guess?
@smirkinatu5512
December 11, 2023 at 5:21 am
Come on you negative Nelly Peter Schiffter's the economy is great. Why are you trying to talk us into a recession?
@nutnclever5628
December 11, 2023 at 5:21 am
This is a joke right? These little graphs a crock of sh!t. Get off the old man's balls people
@norbertamberg8730
December 11, 2023 at 5:21 am
Remember when they said it would be Trump that crashed the economy. I miss those days.
@mr.pizzamarlon
December 11, 2023 at 5:21 am
Is Truth Important Anymore?
@michaellong8816
December 11, 2023 at 5:21 am
Bullshit!!!! Nothing but lies!!!!!! Biden lies cheats and steals to stay in power!
People are suffering and they think lies will change things!!!
Stolen election!
@ecbrown6151
December 11, 2023 at 5:21 am
But according to the GOP and their brilliant followers the sky is falling and only they can fix it. Typical authoritarian nonsense.
@jasont5031
December 11, 2023 at 5:21 am
Lets see. They ruined our lives, forced many to work 2 or more jobs, created nothing but dead end, minimum wage jobs. Is doing NOTHING positive for Americans. This administration is a joke and so is anyone that believes these false prophets. You sheep will believe anything the MSM and Bidens administration tells you.
@williamchen2145
December 11, 2023 at 5:21 am
336k $10 an hour job added…such great news
@himebaughchris4026
December 11, 2023 at 5:21 am
Being Allowed to go back to work Is Not "Job Growth", Geeks.
@mikeansley254
December 11, 2023 at 5:21 am
It's a lie..
Part time with no benefits
Some people are working 2-3 jobs to make ends meat…
How pathetic what has been done to this country
@danboyd2725
December 11, 2023 at 5:21 am
Best employment numbers since the 1960s.
@joshuarkristof80
December 11, 2023 at 5:21 am
Everyone needs 2 jobs to survive now. FJB
@tdw5933
December 11, 2023 at 5:21 am
Minimum wage jobs, no nothing,
@psyndorai8124
December 11, 2023 at 5:21 am
Democrats count people getting second and third jobs as growth
@leonardodakimchi
December 11, 2023 at 5:21 am
Idiot. Maybe check the streets in every major city.
@robertplant2059
December 11, 2023 at 5:21 am
Makes no sense to me, the job market is strong so the stocks drop, due to inflation. Really, people with jobs is bad for stocks, makes no sense.
@ReaperODeath-ju4et
December 11, 2023 at 5:21 am
Here we go with inflated numbers trying to make Pedo Joe look good without telling the truth that the jobs he created was for the 460,000 venezuelan illegal aliens that will work for less than minimum wage. This is going to drastically effect the hourly wages of US citizens and legal migrants. Way to go Joe, you created jobs for more than just your crackhead son for a change. 👆🤡 FJB
@p.d.smithjr.3277
December 11, 2023 at 5:21 am
Wow, isn’t Biden doing a GREAT job!🎉🎉🎉❤
@Foxtucky
December 11, 2023 at 5:21 am
What Bullshit!!..Fjb!!!
@laforce36
December 11, 2023 at 5:21 am
Instead of just saying jobs. They need to measure if these are full, part time, seasonal, contract or temp. Most of these employers are not hiring full time or permanent.
@tomassoyweyvon4902
December 11, 2023 at 5:21 am
Biden = Inflation 17%, salary for average employee up 3.4 %, Biden boasts currently Inflation only up 1.5 % …….😂🤣😂🤣
@annepopwell3231
December 11, 2023 at 5:21 am
I always wonder if news anchors feel bad or guilty about twisting the truth,especially when the public is very aware of false reporting.
@LouieOcean2
December 11, 2023 at 5:21 am
Bidenomics is working
@lazytd
December 11, 2023 at 5:21 am
Couldn't possibly be employers having to respond to double digit inflation… 😮
@tomassoyweyvon4902
December 11, 2023 at 5:21 am
65+ year olds still working to make ends meet
@Blakelikesfood
December 11, 2023 at 5:21 am
Headlines: Economy up 30%!!!!!
(From being down 125% overall) 🙄
@tomassoyweyvon4902
December 11, 2023 at 5:21 am
Since Biden took office, 13% added to Poverty Rate…………..Duh…..
@jamesjames7601
December 11, 2023 at 5:21 am
And 5% of those new jobs pay a livable wage
@staredownthebarrel8304
December 11, 2023 at 5:21 am
But nobody is filling them, what a joke, FJB and you lying media scumbag tards
@tomassoyweyvon4902
December 11, 2023 at 5:21 am
Oh Really!?!?…..sorry to piss on your Parade.There are over 59 million Americans that receive welfare during an average month
SNAP is the biggest welfare program in the US Children, the disabled and elderly constitute the majority of public benefit recipients
More women than men are dependent on food stamps, An estimated 59 million Americans receive welfare during an average month.24 million children use welfare every month.
@WaveyaAddict
December 11, 2023 at 5:21 am
When Trump posted job and economy numbers that were the best in history none of these nucking futs media hit sheads did anything but lie and complain.
@vote4republicans2024
December 11, 2023 at 5:21 am
These numbers have little to do with the economy. Closer to the truth, baby boomers keep retiring while there are no replacements coming from the Gen Z generation. Each end of quarter comes a new batch. Look at the corporation you work, you very likely see the same pattern.
@gutchiespencer2714
December 11, 2023 at 5:21 am
Suddenly! The economy is Booming……😮
@phaedruscj3330
December 11, 2023 at 5:21 am
Biden propaganda