1 00:00:00,080 --> 00:00:02,400 Speaker 1: Let's go back to the jobs report came out earlier today, 2 00:00:02,720 --> 00:00:08,320 Speaker 1: jobs numbers smashing through expectation. US payroll grew by one 3 00:00:08,400 --> 00:00:13,240 Speaker 1: hundred and seventy eight thousand jobs, Sherry. The unapployment rate 4 00:00:13,760 --> 00:00:17,120 Speaker 1: fell to four point three percent. It was a big 5 00:00:17,280 --> 00:00:23,400 Speaker 1: month for American manufacturing. Economists had forecasts only fifty nine 6 00:00:23,440 --> 00:00:27,479 Speaker 1: thousand jobs would be added. It was one hundred and 7 00:00:27,640 --> 00:00:28,880 Speaker 1: seventy eight thousand. 8 00:00:29,120 --> 00:00:31,000 Speaker 2: Let me guess these people did the polls on who 9 00:00:31,040 --> 00:00:34,040 Speaker 2: would beat Hillary or George or Donald Trump. 10 00:00:34,120 --> 00:00:35,680 Speaker 3: I mean, how are you wrong? 11 00:00:36,159 --> 00:00:39,600 Speaker 2: They might as well apply to me, meteorologist Hammer, You are. 12 00:00:39,560 --> 00:00:42,080 Speaker 3: Wrong by times three. 13 00:00:43,159 --> 00:00:45,760 Speaker 2: Where are you even getting your information from? This is 14 00:00:45,800 --> 00:00:48,000 Speaker 2: proof right here that we know just as much as 15 00:00:48,040 --> 00:00:51,080 Speaker 2: the idiots that are on TV. They're just throwing numbers out. 16 00:00:51,440 --> 00:00:53,320 Speaker 3: Wages continued to go up. 17 00:00:53,600 --> 00:00:56,040 Speaker 1: Based on the jobs report that came out from March, 18 00:00:56,320 --> 00:01:01,000 Speaker 1: the average hourly earnings for all employees rose by zero 19 00:01:01,040 --> 00:01:06,039 Speaker 1: point two percent. So over the year, average hourly earnings 20 00:01:06,040 --> 00:01:09,840 Speaker 1: have increased by three point five percent. But more importantly 21 00:01:09,880 --> 00:01:11,560 Speaker 1: than anything else, it's beating inflation. 22 00:01:11,680 --> 00:01:14,240 Speaker 2: Yeah, color me surprised when you start deporting the people 23 00:01:14,280 --> 00:01:17,400 Speaker 2: that are taking jobs and starting clamping down on HB 24 00:01:17,520 --> 00:01:21,640 Speaker 2: one visas that uh and start holding snap benefits and 25 00:01:21,640 --> 00:01:25,760 Speaker 2: other people on unemployment accountable for their decisions. Well, people 26 00:01:25,760 --> 00:01:27,560 Speaker 2: are going to start working now. 27 00:01:27,600 --> 00:01:31,040 Speaker 1: There were some revisions, right. We always talk on this program, 28 00:01:31,400 --> 00:01:33,880 Speaker 1: keep an eye on the revisions, because that was a 29 00:01:33,880 --> 00:01:37,600 Speaker 1: big part of the Biden scam. They would tell you 30 00:01:37,800 --> 00:01:40,960 Speaker 1: about all these great job numbers and then very quietly 31 00:01:41,040 --> 00:01:43,520 Speaker 1: the next month, Oh, by the way, there's a revision 32 00:01:43,520 --> 00:01:45,440 Speaker 1: of negative fifty seven thousand. 33 00:01:45,280 --> 00:01:46,920 Speaker 2: Right, yeah, and the revision's crazy. 34 00:01:47,360 --> 00:01:55,640 Speaker 1: So revisions for February showed that there was a downward 35 00:01:55,800 --> 00:02:00,240 Speaker 1: take in healthcare jobs. But this has an asked Rick 36 00:02:00,360 --> 00:02:02,920 Speaker 1: next to it, Jerry, because there was a healthcare strike, 37 00:02:03,440 --> 00:02:07,480 Speaker 1: there was a healthcare labor dispute, so that kind of 38 00:02:08,240 --> 00:02:10,080 Speaker 1: takes on the life of its own when you're talking 39 00:02:10,080 --> 00:02:11,240 Speaker 1: about healthcare. 40 00:02:10,919 --> 00:02:12,080 Speaker 3: Jobs being revised. 41 00:02:12,840 --> 00:02:17,560 Speaker 1: January was revised up from one hundred and twenty six 42 00:02:17,639 --> 00:02:19,600 Speaker 1: thousand to one hundred and sixty thousand. 43 00:02:19,680 --> 00:02:22,440 Speaker 3: You're just off forty thousand jobs. I mean, this is 44 00:02:22,480 --> 00:02:24,080 Speaker 3: good news. There's more than you thought. 45 00:02:24,200 --> 00:02:26,399 Speaker 2: It's great news about how are you off that much? 46 00:02:26,440 --> 00:02:28,880 Speaker 2: And Howard can we how much can we trust your reporting? 47 00:02:29,240 --> 00:02:31,760 Speaker 2: We might as well just wait here. It was great, 48 00:02:31,760 --> 00:02:33,920 Speaker 2: one's seventy eight. We'll wait two months. 49 00:02:33,960 --> 00:02:38,000 Speaker 1: CNN and CNBC reporting on the jobs report. 50 00:02:38,680 --> 00:02:41,400 Speaker 4: I mean the expectation was, what, sixty thousand jobs and 51 00:02:41,440 --> 00:02:46,320 Speaker 4: it's one seventy eight. Wow, good news, really blowing away expectations. Yes, 52 00:02:46,520 --> 00:02:50,399 Speaker 4: this is the March job job jobs report, expecting sixty 53 00:02:50,400 --> 00:02:55,880 Speaker 4: five thousand. We are significantly stronger one hundred and seventy 54 00:02:56,000 --> 00:03:00,120 Speaker 4: eight thousand. The unemployment rate, drum roll, please comes in 55 00:03:00,120 --> 00:03:03,040 Speaker 4: in four point three. I know we're discussing this morning. 56 00:03:03,040 --> 00:03:05,400 Speaker 4: We're all expecting it to remain at four point four. 57 00:03:05,639 --> 00:03:07,919 Speaker 4: To four point three is a little bit of a shocker. 58 00:03:08,760 --> 00:03:11,720 Speaker 1: And the other thing about the jobs reports that would 59 00:03:11,720 --> 00:03:14,720 Speaker 1: be released under Biden, they do this victory lap on 60 00:03:14,760 --> 00:03:17,280 Speaker 1: the number, but they were hesitant to tell you where 61 00:03:17,720 --> 00:03:20,160 Speaker 1: the number came from, and a lot of that was 62 00:03:20,200 --> 00:03:25,560 Speaker 1: government jobs. Well, under the Trump administration, government jobs are down. 63 00:03:26,040 --> 00:03:29,600 Speaker 1: Federal government jobs down eighteen thousand. 64 00:03:30,000 --> 00:03:31,399 Speaker 3: But here's what's up. 65 00:03:31,760 --> 00:03:38,280 Speaker 1: Manufacturing added fifteen thousand jobs, Construction jumped up twenty six thousand, 66 00:03:38,280 --> 00:03:42,760 Speaker 1: Transportation and warehousing payrolls expanded by twenty one thousand. 67 00:03:43,360 --> 00:03:46,040 Speaker 3: So even if you've got what appears to be. 68 00:03:46,360 --> 00:03:50,400 Speaker 1: An expensive time to live, which is what we're all 69 00:03:50,440 --> 00:03:53,360 Speaker 1: going through right now. It seems like business is still 70 00:03:53,480 --> 00:03:59,960 Speaker 1: chucking along. And when you've got manufacturing, construction, payroll, warehouses, 71 00:04:00,400 --> 00:04:03,040 Speaker 1: all of those jobs coming in and droves, that's a 72 00:04:03,040 --> 00:04:03,520 Speaker 1: big deal. 73 00:04:03,640 --> 00:04:04,600 Speaker 2: Listen, one can only help. 74 00:04:04,680 --> 00:04:06,040 Speaker 3: Some of those construction jobs are 75 00:04:06,080 --> 00:04:08,440 Speaker 2: Here in Indianapolis fixing these dang potholes.