>> WELCOME BACK TO ON THE JOB
THE SEPTEMBER JOBS REPORT
WANTED
TAKEN UP A QUICK LOOK AT THE
NUMBERS THE U.S. ADDED 661,000
JOBS
LAST MONTH THAT NUMBER COMING
IN LOWER THAN EXPECTED BUT THE
UNEMPLOYMENT RATE FELL TO 7.9%
WHICH IS BETTER THAN THE 8.2%
RATE THAT ECONOMISTS HAD
PREDICTED FUTURES EXTENDING
THEIR LOSSES AFTER THAT
SEPTEMBER JOBS REPORT NOW THAT
LARGELY SEEN AS A
FINAL READ ON THE HEALTH OF THE
JOB MARKET BEFORE THE 2020 US
ELECTION IN JOINING US NOW TO
TALK ABOUT HOW THE
JOB MARKET AND THE ECONOMY WILL
INFLUENCE VOTERS ON NOVEMBER
3RD IS ANDY PUZDER THE FORMER
CEO OF CKE RESTAURANTS AND A
MEMBER OF THE TRUMP CAMPAIGN
ADVISORY BOARD AND THE GREAT TO
HAVE YOU ON BEFORE WE GET TO
THE NUMB FIRST YOUR REACTION TO
PRESIDENT TRUMP TESTING
POSITIVE FOR CORONAVIRUS.
>> THE PRESIDENT AND THE
FIRST LADY, I HOPE THEY HAVE A
VERY VERY QUICK RECOVERY AND I
HOPE WE'LL SEE THE KIND OF
SYMPATHY FOR THE PRESIDENT AND
THE FIRST.
>> FROM THE OTHER SIDE THAT I
THINK THEY WOULD HAVE SEEN IT.
>> IF ANYBODY ON THE
IT CITED GOTTEN THIS VIRUS.
I THINK WE ALL NEED TO
COME TOGETHER AND AND HAVE REAL
SIMPLE PAPER PEOPLE THE MATTER
WHAT THEIR POLITICAL LEANINGS
TO SUCCUMB TO THIS VIRUS.
>> ALL RIGHT, LET'S JUST ADD
YET TO THESE JOBS NUMBERS IN
ONCE AGAIN 661,000 JOBS ADDED
THIS IS A SLOWDOWN IN THE
RECOVERY, THE UNEMPLOYMENT RATE
THERE. ON THE BRIGHT SIDE FELL
TO JUST UNDER 8% SO THESE
NUMBERS TELL YOU ABOUT THE
STATE OF THE ECONOMY RIGHT NOW.
>> WELL I THINK WHEN WE OPEN
THE ME BEGAN TO OPEN IN MAY AND
JUNE WE SAW A BIG SURGE IN
PEOPLE COMING BACK TO
AND NOW NUMBER OF STATES
PARTICULARLY BIG STATES LIKE
NEW YORK ILLINOIS CALIFORNIA
HAVE NOT REALLY OPENED
YOU'RE GOING TO SEE A SLOWDOWN
IN THE NUMBER OF JOBS CREATED
YOU'RE REALLY GOING TO HAVE
MORE STATES NEED TO OPEN UP
LIKE FLORIDA. LIKE TENNESSEE
LIKE INDIANA BEFORE YOU'RE
GOING TO THE KIND OF
SIGNIFICANT IMPROVEMENT IN JOBS
THAT WE HAD EARLIER
YOU CAN'T. WELL STREETS REMAIN
SHUT DOWN YOU REALLY CAN'T SEE
THE KIND OF DYNAMIC GROWTH THAT
WE'VE BEEN SEEING THEY HAVE TO
THEY HAVE TO BEGIN TO OPEN
UP SO BUT LOOK THE ECONOMY IS
NOT A GOOD TREND DURING THE
OBAMA ADMINISTRATION,
THE LARGEST JOB CREATION MONTH
WAS ABOUT 540,000 JOBS. THIS
IS OVER
600,000 JOBS. SO YOU KNOW WE'VE
ADDED WE'RE NOT WE'RE NOT THAT
WE'VE RECOVERED BY 55% OF THE
JOBS THAT WE LOST WHEN THE
PANDEMIC HIT WHEN THOSE 44
STATES SHUT THEIR ECONOMIES
DOWN. AND ABOUT 56% OF
THE PEOPLE WHO WERE UNEMPLOYED
BECAUSE OF THAT NOW ARE NOW
HAVE REJOINED
THE RAF IT SHOULD BE EMPLOYED
TO RECEIVE A VERY SIGNIFICANT
PROGRESS IT REALLY IS THE
MOST DYNAMIC. A RECOVERY WE'VE
EVER HAD IN THE UNITED STATES
RETAIL SALES ARE BACK UP TO
WHERE THEY WERE PREPANDEMIC
WHILE THE
MANUFACTURING AND EARLIER
GUESTS NOTED IT SLOWED SOMEWHAT
WE STILL
AT 5. IT'S A POSITIVE GROWTH IN
MANUFACTURING, WE JUST REACHED
A 17 YEAR HIGH.
FOR THE INCREASE IN CONSUMER
CONFIDENCE, SO WE ARE SEEING
SIGNIFICANT IMPROVEMENT IN THE
ECONOMY, BUT WE NEED TO GET
THIS VIRUS UNDER CONTROL.
WE NEED PEOPLE TO FEEL
COMFORTABLE GOING TO
RESTAURANTS
AND TRUE LING AND SHOWING UP
FOR WORK BEFORE WE'RE GOING TO
GET A FULL RECOVERY.
I LIKE YOUR EARLIER GUESTS I
THINK ONCE WE CAN WATCH PEOPLE
BEGIN TO RETURN TO WORK
WEDNESDAY FEEL CONFIDENT
THAT THEY WON'T BE A
THREATENING THEIR HEALTH BY
DOING SO I THINK YOU'RE GOING
TO SEE
A VERY IN A VERY QUICK RECOVERY
IN THE ECONOMY AS WE DID OVER
THE LAST 3
BUT 2.
>> YOU KNOW THE PRESIDENT HAS
BEEN ONE OF THE BIGGEST
ADVOCATES.
>> FOR REOPENING THE ECONOMY
AND GETTING PEOPLE IN.
>> BACK OUT THERE TO
RESTAURANTS AND TO
WHEREVER ELSE. IF HE GOT THE
VIRUS WITH ALL OF THE RESOURCES
OF THE U.S. GOV.
>> A MAN AND THE AMOUNT OF TIME
THAT HE AND HIS ATTORNEY YOUR
CIRCLE OR TESTED IF HE
CONTRACTED
THE VIRUS. WHAT IS THE MESSAGE
TO EVERYBODY ELSE WHO DOES NOT
HAVE WHO DOES NOT HAVE THOSE
RESOURCES WHO CAN'T GET TESTS
EVERY DAY. ONE MESSAGE DOES
THAT SEND.
>> WHAT DID IT LOOK YOU NEED TO
FOLLOW THE ROAD.
IRIS I UNDERSTAND HOPE HICKS
GOT CONTRACTED THE VIRUS AND
MAYBE SHE WASN'T FOLLOWING
THE PROTOCOLS AND THEN WHEN AND
AIRPORTS LAWN SO THAT THE
PRESIDENT AND THE FIRST LADY
GOT IT, BUT IF YOU FOLLOW OUR
CULTURE WHERE MALES. YOU WHY
YOU'RE
SOCIALLY DISTANT. CAREFUL YOU
SHOULD BE FINE WOULD BE THE
EYE. THE CDC RELEASED
SURVIVABILITY RATES
FROM THAT THE VIRUS RECENTLY
AND THEY SAID THAT IF YOU'RE IF
YOU'RE BETWEEN IF YOU'RE UNDER
THE AGE OF 19.
YOUR CHANCES OF SURVIVAL IF YOU
GET HURT OR 99.9 9
7%. IF YOU'RE 29 TO
49 99.9 8 PERCENT IF YOU'RE A
50 TO 69 TO
99 POINT 5% THE MAJORITY OF
DEATHS ARE PEOPLE OVER 70 AND
EVEN THEIR
SURVIVAL RATE, IT'S 99 OR NEXT
YEAR'S WE 94.6% SO
SURVIVABILITY IS HIGH WE'VE
GOTTEN MUCH BETTER HANDLE ON
THE VIRUS. WE'VE GOT BETTER
THERAPEUTICS WE'VE GOT WE'VE
LEARNED A LOT THIS IDEA IN
MEDICAL COMMUNITIES OF LEARNED
A LOT
SINCE APRIL SO WE'RE SEEING
HUGE DECLINES IN THE IN THE
NUMBER OF DEATHS ARE NOT
SPIKING IN NEW YORK FOR EXAMPLE
WHERE YOU ARE THERE WERE.
I THINK 11 DEAD YESTERDAY IN
THE ENTIRE STATE OF 20
MILLION PEOPLE, NO ONE BILL IS
TOO MANY I'M NOT TRYING TO
UNDERPLAY THAT DON'T GET ME
WRONG. BUT I DO THINK WE'RE
WE'RE AT A POINT WHERE WE COULD
WE COULD PEOPLE ARE CAREFUL AND
FOLLOW THE PROTOCOLS WE COULD
BEGIN REOPENING THE ECONOMY
MORE SIGNIFICANT WAY
AND I THINK THAT YOU'RE GOING
TO SEE THE KIND OF ECONOMIC
REBOUND THAT WOULD LIKE TO SEE,
BUT WE'VE GOT TO DEFEAT THE
VIRUS. WE NEED THE VACCINE
OR OR OR MUCH APPROVED
THERAPEUTICS BEFORE WE CAN GET
COMPLETELY
BACK ON.
>> I I REALLY QUICKLY HOW
IMPORTANT IS THE STIMULUS IT
LOOKED LIKE THERE WAS SOME
PROGRESS ON THAT FRONT EARLIER
THIS WEEK. NOW NOT
SO MUCH. WHAT HOW HOW IMPORTANT
IS ANOTHER STIMULUS AT LEAST IN
TERMS OF THE ECONOMY.
>> RIGHT YOU KNOW IT IT'S
IMPORTANT FOR THE ECONOMY, BUT
I THINK IT'S MORE.
OR THE STIMULUS CHECKS MAKING
THE EXTRA
AVAILABLE FOR UNEMPLOYMENT
INSURANCE, NOT SO MUCH THAT YOU
DISCOURAGE PEOPLE WORKING BUT
ENOUGH THAT PEOPLE CAN SURVIVE.
WE NEED TO PASS THESE THINGS
THERE ARE THINGS THAT
REPUBLICANS AND DEMOCRATS AGREE
ON DON'T FOR THE LIFE OF ME I
CAN'T SEE HOW ANYBODY CAN
POLITICALLY SURVIVE IF THEY
DON'T AT LEAST
PASS THE THE PARTS OF THE
PROGRAM THAT BOTH SIDES AGREE
ON AND LET'S GET IT DONE
QUICKLY, I SUSPECT
IT WON'T HAPPEN TILL AFTER THE
ELECTION I THINK THAT'S
UNFORTUNATE WISH NANCY PELOSI
WOULD THESE UP AND A LOW OF
THAT.
PROVISIONS THAT BOOK
REPUBLICANS DEMOCRATS AND THE
PRESIDENT ARE KOREA BUT I IT
LIKELY WON'T BE OUT UNTIL AFTER
THE ELECTION BECAUSE THEY DON'T
WANT TO GET PRESIDENT TRUMP
WILL WIN BEFORE NOVEMBER, 3RD.