Transcript for Has U.S. Economy Turned Corner on Jobs?
It's like -- -- more than anything else on the state of the economy so we turn now a new positive jobs report out yesterday from private research firm sent the stock market up. -- wanna get more now what that means what to expect next from the anchor street Smart on Bloomberg TV Trish -- and in John's place. Right now and you know you look at these official jobs reports over the last three months all good news 200000. Jobs a month. Tomorrow the big one comes out from the federal government should we expect more good news. Hopefully we'll see more good news and -- did -- economists are looking for upwards of 200000 jobs. Being added to the economy that would be consistent. With what we saw with this other report that just came out so hopefully that -- -- but keep in mind George. Anytime you start to have an economic recovery people start to feel better about the job Parkinson the and they say the -- -- I'm -- look for job now. And then there's a lot of people that were on the sidelines they weren't looking that may start getting back in wanting to be part of its workforce fun and -- -- exactly. Sell. Eight point 3%. It's expected to hold steady at eight point 3% it could even take a little bit higher. As more and more people tried to find -- -- -- what I would say is keep an eye on that number of Johns are being added to the economy that really tells you the direction. -- and that investors certainly had Davidson in the stock market up for several months -- -- road right now is bouncing around thirteen thousand. No we've had -- now to a real bull market 20/20 5% rise last couple years how much longer it will test. -- -- -- going right I mean it's it's all based on what investors think. The economy is gonna look like six to nine months out our corporations gonna continue growing profitability. Will the jobs picture look better and right now judging by what the stock market is doing it's telling you. That the investing community believes that that is the case that that is the case were on an upswing -- and some headlines out there and don't -- oil. And here again watch that this gas prices trichet thanks very much harder to is good to have you here true.
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