that's what paychex is about. >> that is great my employees will thank you especially about the video let's speak about the economy. i saw you were gets now more employees per company. we're not getting the -- really, the company formation that i certainly would feel in a more optimistic time. i'm wondering whether the company is pessimistic even as the existing companies grow? >> well, i do think, you know, what we saw in the paychex small business index this month was the highest wage growth, 3.1% that we've seen since 2011 and we've also seen the hours worked per week are up the highest in three years. so i think both of those are showing a stronger economy the wages are going up because i have the demand as a small business and i need the employees and the wages are up across all wage earners. it used to be minimum wage is driving it now every level of wages are seeing an increase that means there's demand and i'm paying more for my employees to hire and retain them because i've got the demand. i think that bodes well for a strong economy. >> some of the candidates i don't think p

. >>> and then the jobs in the economy from paychex fresh off the report and all of your calls in the rapid round of "the lightning round. so stick with cramer so, you're open all day, that's what 24/7 means, sugar. kind of like how you get 24/7 access to licensed agents with geico. hmm? yeah, you just go online, or give them a call anytime. you don't say. yep. now what will it take to get 24/7 access to that lemon meringue pie? pie! pie's coming! that's what it takes, baby. geico®. great service from licensed agents, 24/7. -it's our confident forever plan. -welcome to our complete freedom plan. -it's all possible with a cfp professional. ♪ -find your certified financial planner™ professional at letsmakeaplan.org. >>> last night i made a desperate plea for consolidation, what this market needs is a wave of mergers and acquisitions to offset the new stock supply coming from this deluge of pending ipos in particular i highlights the managed care space as being ripe for more deals and the health care insurance stocks are pole axed with the most recent worried about the trump adminis

you are writing this paychex -- those paychecks. martin: these are employees under 50 -- we saw a slight uptick in the growth rate. we think there is bit of a positive there. wages only going up 2.5%, that is a bit concerning because we expect them to be a bit stronger. alix: what have you noticed from the shutdown? you look at what companies are saying. martin: one in five small businesses, under 100 employees, were directly impacted. impacted were directly by the shutdown. use saw that certainly around the washington, d.c. area. a lot of federal workers out. that certainly around the washington, d.c. area. looking forward, will there be another shutdown? federal workers not buying services, they are not able to get small business administration loans through. there's a number of things that could slow down small businesses with the shutdown. ofan: do you have any sense what impact the weather will have? i'm wondering if you have any insights into that and payroll -- in payroll. martin: there have been temporary shutdowns of busine

we said we would increase paychex by building -- increase cks and we are making progress on that. we continue with our transformative infrastructure plan and we have been having meetings. we have our four letter word meetings -- jobs jobs jobs jobs. defining the talent of america's working families of reviewing the opportunities and writing legislation to that effect. this week was a very good one for bipartisanship in the congress and for democratic values in hong kong and throughout the world. we passed the hong kong human rights and democracy act and legislation to suspend sales of munitions to hong kong police force. we had a signing earlier. some of us on both sides of the aisle and cabinet have been working for decades on this issue. now we have an ever-expanding number of bipartisan supporters for democracy in china and focusing hong kong. what is happening all over china. we can go more into that if you have questions about that. we walked over to mr. mcconnell's office with our legislation for the dreamers, the promise act. it has been there for a very long time. we are a

. >>> still to come, a reading on which companies are hiring paychex joins us >>> and then ceo brian cornell of target will join becky for a 'rba-s ierew wee ck in a couple minutes >>> the paychex monthly small business employment watch has been released. hourly earnings growth improved by 2.5% and the small business jobs index was unchanged in february continuing a trend of job growth consistency over the past three months joining us now is marty mucci of paychex. marty, good morning. so it seems like a pretty steady picture in terms of employment on the small business front. what other themes would you pull out of the latest report >> yeah, i think it is pretty steady which is nice because we've seen a drop the last three months in the rate of job growth for small businesses so it's good to see it stabilized to january in the february numbers one of the things we're watching is business optimism if you watched business optimism, it continues to be high but it's dropped off the last five months with one of the biggest concerns being able to find and hire the right people to do the j

a new republican plan would have student loan payments come right out of borrower's paychex. we'll break down the argument for and against this controversial plan. >> first, ruling on commerce secretary wilbur ross from the government's top watch dog. the office of government ethics says ross earn ag rattinaccurat hiss stock holdings. he said he thought he sold the stocks in question. when he realized his error, he disclosed the sale. the stocks were worth $3,700, below the threshold of conflict of interest. >> isn't it stunning, a man who spent 50 plus years as an investment professional continues to basically make mathematical errors -- >> 3700 bucks. this guy is worth, what, 37 billion? he's worth a lot of money a. >> remember, according forbes he was not honest about how much he was worth for years because he was trying to inch his way -- >> he's worth at least $37 million. i'm just saying, small. >> small potatoes. >> you're watching "velshi & ruhle" live on msnbc. itnessed, but i can tell you liberty mutual customized my car insurance so i only pay for what i need. oh n

mean time, bed, bath, and beyond, paychex, and home builder lennar will report on quarterly results. on wall street stocks took a heavy hit led by a drop in industrial shares. the dow sank 343 points. the s&p 500 was down 36, and the nasdaq skidded 90. >>> the united auto workers union has rejected a new offer from general motors to end an ongoing strike. negotiators say the new offer did not meet expectations in several areas including wages, health care, and temporary workers. roughly 48,000 union workers went on strike a little over two weeks ago. gm says the stke has forced the company to stop production at some of its plants in mexico which has resulted in the temporary layoff of thousands of workers. >>> more than 150 deere and company employees have been put on indefinite layoff. the layoffs impact manufacturing workers at plants in illinois and iowa. the world's largest farm equipment maker cited decreased customer demand as a reason for the pink slips. just a few weeks ago, the company said it would reduce production at its facilities in illinois and iowa to keep inventory i

the ceo of paychex will be joining us. this is bloomberg. ♪ paychexaylor: -- david: is out with its small business numbers for the month of august, and shows wage growth stabilizing. the ceo joins us from new york, marty mucci -- martin mucci. torsten slok of deutsche bank and irina novoselsky of careerbuilder are still with us. tell us about august. martin: we saw a little bit of a drop from july, about 1% less job growth from last year. still seeing job growth, but it has slowed. we think primarily this is because of the tight economy. it is harder for small businesses to hire when it is a tight labor market. a little bit may be on trade as well. about 25% of small businesses we surveyed said they would be impacted by trade. when you are a smaller business, you don't have the leverage to change suppliers or sometimes get it back in price. david: one of the things we love about your survey is you break -- break it into quadrants across the country. martin: from a wage perspective, you see the west has the highest wage g

we talked to martin, ceo of mucci, ceo oftin paychex. and raising concerns that any green shoots in manufacturing have disappeared. welcome to "bloomberg daybreak" on this friday, december 6. i'm alix steel. it feels like i want to say risk on, but you are also seeing bunny in the -- seeing money in the bond market, so maybe it is both. yields down in the u.s. by about two basis points. crude off by 0.5%. opec delivered the goods, and it wasn't enough to move the needle on the oil price. time now for global exchange, where we bring you the market moving news from all around the world, from vienna to london, frankfurt to washington come our bloomberg roses are on the ground with all the top stories. in vienna, opec is said to reduce its target as a rock promises to comply. joining me for more is bloomberg's annmarie hordern. but do we know so far? annmarie: good morning. what we know is they've agreed at the opec+ allies meeting today to cut by the hundred thousand barrels a day, but the devil is in the details. brent and wti are both low

june small business employment watch is out and joining us is paychex marty busey. what could you tell us. >> this month we have a drop off and we've been consistent for the first five months and we've been seeing a drop off but it doesn't make a trend but we saw it across the u.s., all regions, south is the strongest and across all sectors as well. >> south is the strongest in terms of employment but if you look at wage growth, it is the west that is doing better. >> yeah, it is the west has the highest wage growth and there is more minimum wage changes there you're seeing the overall wage paid is lower in the south the south has more employees, as you see the migration to the south, it is tennessee, texas, georgia that are the strongest showing the best small business job growth right now. >> marty, just to be clear, we're still seeing growth but things are slowing down. what do you think is causing that >> definitely -- that is what we're seeing still growth but slowing down and it is the one month because it is consistent for the early part of the year but small

if they cut hiring, that's fewer jobs and fewer people with paychex. that means fewer people spending. that's the real concern that can truly think the economy, that consumer spending goes down and they want to prevent anything that could potentially get people out of work and those paychecks. host: jeff from florida. caller: good morning, everybody. how are you doing today? guest: great. believe the fed cares about the economy and i figured instead ofy cut 10%, a few people getting raises, every one foot be a race and they would be a lot more spending the economy. in 2008 when the economy fell, it hurt a lot of people. -- is what really caused the collapse of the economy. thank you for your time. guest: a lot of good points. we just got the latest report card on the jobs on friday, just a few hours ago. if there isis that enough of a wage increase. the average hourly earnings are going of 3.2%. that is well above inflation. it's one of the better rates we have seen in over a decade. the economic policy institute did a nice break down. most of the incr

it's really good paych paychex. payroll processing pepsico, blowout quarter today diageo uh-oh, uh-oh, two beverage company, but they don't trade together why? because this is hard beverage, meaning alcohol. so we've got an alcohol company, a soft drink and frito-lay company. my executive producer likes those especially hot on fire chips. i have to eat them with a fire extinguisher nearby. fintech, but we call them payroll processing i just love this company, kla semiconductor equipment doing incredibly well. and great fintech companies. i'm liking i'm liking what i hear i'm liking, and am i done or do i have more? "mad money" is -- "60 minutes" is back after the break. make fitness routine with pure protein. high protein. low sugar. tastes great! high protein. low sugar. so good! high protein. low sugar. mmmm, birthday cake! pure protein. find our coupons in sunday's paper. >>> "lightning round" is sponsored by td ameritrade >> it is time! it's time for the "lightning round. cramer -- >> buy, buy, buy. >> sell, sel

meantime, notable companies reporting earnings include paychex and chip maker micron. there were more record highs on wall street led by gains by big banks. the dow rose 31, the s&p 500 added a point and the nasdaq gained 9. >>> fedex is taking another hit, this time impacting the company's bottom line. profits slumped 40% to $560 million in its latest quarter. fedex blamed higher costs, a shorter holiday shipping season, and a move to cut ties with amazon for the decline. earlier this year, fedex stopped making ground deliveries for amazon, and just this week, the e-commerce giant temporarily restricted third-party sellers from using fedex's ground service to ship to prime members. >>> meantime, ford is bringing thousands of jobs to michigan. 3,000 new positions will be added at two factories in the detroit area. ford is also investing $1.4 billion to build new pickup trucks, suvs, and electric and autonomous vehicles. the company says $750 million will go to an assembly plant in wayne. another $700 million will be invested in a truck plant in dearborn. hiring will be

if paychex pulls back once again, please before the quarter, i would buy the stock has been so consistently great and the analysts really do just like it. one more i really like here. herman miller. they make those fantastic air on chairs i got one for my wedding someone gave it to me for a wedding present. with all sorts of other high-end office furniture, there is a wedding present for you. an air on chair. well, thanks, for two. the kind of stuff companies buy on a tight labor market to attract talented employees their buy herman miller chairs that's what caused the upside last time. it'll cause it again we also get results from one of the most controversial tech plays, which is micron the commodity semi-conductor maker which doesn't think it makes commodity semi-conductors because those things are so hard to make these days listen to me the guidance is going to be different from what they say in the headline the headline's going to say blah blah blah. the guidance is what's going to move the stock everything from chinese espionage to -- both of their key products flash memory i think th

president trump promising the back pay to workers who missed paychex. he did not give an exact timeline earlier today. we got this from a white house senior official. this is a quote to fox business. the administration is taking steps to insure that they receive pay, as soon as possible, since specific payroll issues vary by agency, employees can find out more information about paycheck details by reaching out to their agency. so if that helps, there you go. reach out to your agency. susan: much-needed. these people were told to take out loans if they couldn't pay the bills. they have bills to pay. mortgages, phone bills. credit card bills, right? connell: two periods went by, a full month. susan: food on the table. not talking about the necessities. connell: yep. susan: pack your patience the partial government shutdown on verge of finally being over but the damage is still causing major chaos with some of the nation's busiest airports? can we get back on track? >> we're live at laguardia airport next. >>> critics say this three-week deal might not tur

it's now or never, with 800,000 federal workers' paychex in the balance waiting to figure out what's going to happen as we enter day or week three of the shutdown. frances? >> all right, tracie potts for us. tracie, thank you. >> more ratifications of the shutdown showdown are being felt across the country. during this budget standoff, lawmakers failed to reauthorize the violence against women act. adds the shutdown drags on, nonprofits that serve women impacted by violence could see their funding dry up. this stalemate is also holding up breweries in the u.s.. the alcohol and tobacco tax and trade bureau says, due to the lapse in funding, they will not be reviewing applications for labels and licenses for new beers, wines, or spirits until the shutdown is over. this means beer lovers may have to wait for the release of summer bruise this year. >> new developments in houston overnight, authorities have released a sketch of a suspected gunman wanted for killing a 7-year-old girl. along with new surveillance video, and they're not ruling out the possibility this was a hate crime. nbc's

the fastest growing paychex in nearly -- in more than a decade. rising even faster among lou koller and -- among blue-collar workers. competition among businesses to hire workers as fears. this is encouraging more businesses to revise and expand benefits for their workers. that is good news. today, half of all u.s. workers have access to medical leave. it is growing. according to the society of human resource management, businesses offering it have tripled in the past four years without a costly federal mandate. towe work to expand access that of the leave, there are real concerns that a new one-size-fits-all washington mandate will limit -- will limit flexibility and will lead to higher taxes on workers, reduce the job benefits, or harmful cuts in education, social security, and medicare to pay for the mandate. the true cost of a family leave mandate is up to $1 trillion in the first decade, according to the american action forum. it can go higher. this could force an average worker, making $50,000 a year to pay more than $58,000 in higher federa

ceo aheado paychex's of last week's job report. >> the optimism is still pretty strong on small businesses, except that i have to turn down some work because i can't find the people, and you are finding more of what is referred to as fringe hiring. i may not have hired someone with only a high school diploma the before. now i'm hiring them and trying to train them. alix: joining us from washington is the national federation of independent business president and ceo. mmerl with us is jurrien ti of fidelity from boston. what have you seen in your business survey? >> thank you so much for having me. i really enjoy being here. nfib has been representing small businesses for 75 years. the optimism index came out this morning, and i think one of the most important things about it is that the optimism index took a dip right after the government shutdown, and now after two months we've seen it has stabilized and is continuing to go up. there are a number of records that have been reached in the last six months or so. is that this month, i did the -- this month, they did more to retain workers. mar

as you want to see a candidate who can focus on healthcare, paychex, and a cleaner government. >> the bill is in for a big extension to the smart train. >>> if you regularly walk or ride your bicycle you may notice some extra police officers along your route. the effort that will focus on bicycle and pedestrian safe the in the city. >>> we do have slightly cloudy and wet commutes northbound. the 280 is not being affected by weather but slow traffic. >>> a few sprinkles are hitting the ground. this will wind down as we get into the second part of your day. i think i see some sprinkles there on our lens. more and what you can expect in your day today and the extended forecast coming up. itreat them all as if, they are hot and energized. stay away from any downed wire, call 911 and call pg&e right after so we can both respond out and keep the public safe. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ i do. check out the united explorer card. savin' on this! savin' on this! savin' in here. rewarded! learn more at theexplorercard.com. learn more i'm paige, and well the little thing that i like about the

." >> paychex and i've got marty mucci who by the way will give an outlook on the economy and michael neidhoff will explain why he will buy, not sell. what a show. >> i think he should come on here they help shape the day's trade when they announce a deal. >> people tape us and watch us all day and all night. typically i see people, listen, my grand uncle loves you, can i do a selfie? >> grand uncles, a great demographic. >> coming up, kevin hassett, chairman othf e president's council on economic advisers keep it right here ♪ you should be mad they gave this guy a promotion. you should be mad at forced camaraderie. and you should be mad at tech that makes things worse. but you're not mad, because you have e*trade, who's tech makes life easier by automatically adding technical patterns on charts and helping you understand what they mean. don't get mad. get e*trade's simplified technical analysis. ♪ >>> good morning and welcome back to "squawk on the street. i'm sara eisen along with david faber, live as always from post nine at the new york stock exchange carl quintanilla has the

[applause] to increase paychex by rebuilding america with green and modern infrastructure from sea to shining sea. we look forward to working with the president on that. in-storer-1 two integrity to government so people can have confidence in government that works for the people, not the special interest . [applause] this house will take overdue legislation that had bipartisan support, bipartisan support in the congress and across the country. we will make our communities safer and keep our sacred promise to victims and survivors of gun violence by passing common sense bipartisan background checks legislation. [applause] we will make america fairer bypassing the equality act to end discrimination against the lgbtq community. [applause] america moreake american bypassing -- protecting our patriotic courageous dreamers. [applause] all three of those legislative initiatives have bipartisan support in this body. when we are talking about the dreamers, let's remember what president reagan said in his last speech as president of the toted states, i urge you all read it, it is a beautiful sp

dots, if we are seeing a slowdown in aggregate hours worked we are likely seeing a slowdown in total paychex collect it. collected.s slowdown,checks spending slows down. we are basically looking for the economy to slow down to about 1.7% or 1.8% growth. in the aerospace analogy, stall speed is about 1.5% so we are not that far. we have hit solve -- stall speed and managed to avoid recession because the fed followed through with aggressive accommodation. that would be a problem if we are looking at on .5% wrote into 2020 -- 1.5% growth into 2020. question imber one get is when you tell us it is a fully employed america. carl: it is fully employed when you see significant labor inflation in the economy. there is a modest uptrend in average hourly earnings, up slightly from q3 last year and the year before, but not accelerating higher to a significant degree. tom: carl riccadonna peter hooper from deutsche bank. accommodates as many expected. that will adjust and adapt with an important speech by jerome powell at the university of hour. in our noon we go beneath the headline data at 8:30. this

we talked to martin, ceo of mucci, ceo oftin paychex. and raising concerns that any green shoots in manufacturing have disappeared. welcome to "bloomberg daybreak" on this friday, december 6. i'm alix steel. it feels like i want to say risk on, but you are also seeing bunny in the -- seeing money in the bond market, so maybe it is both. yields down in the u.s. by about two basis points. crude off by 0.5%. opec delivered the goods, and it wasn't enough to move the needle on the oil price. time now for global exchange, where we bring you the market moving news from all around the

that's a good question i think that may represent the american electric power energy, or paychex paychex would tell you there's not a lot of business formation because h higher wages, because of the minimum wage in a lot of places but people -- s&p has a lot of tech, and the dow doesn't. i mean, i thought that the alphabet call, not talked about enough the alphabet call was about the cloud. cloud services, management there. the new guy is unbelievable. that was a great call. it was almost like ruth porat said, i hear you you don't want us to trash our stock anymore. >> he actually mentioned you on friday morning -- >> did you >> because of your complaints about google's opacity in recent quarters. >> ruth porat clearly listened maybe she talked to anthony, her fabulous husband, and came back and said maybe cramer's right. no, that would be so maniacal, it's scary thank god my wife doesn't know what channel i'm on. i thought alphabet told a great story. and they really were granular about where the money's being made and youtube. that's the largest tv station in the world. finally they me

as americans without paychex for work they are doing or face uncertainty when they will go back to work, nbc's business and technology unit analyzed the president's sticking point. $5.7 billion for the border wall. i want to tell you first of all you can't get the border wall for $5.7 billion. we're going to talk about that in a minute. let's say that's the number you accepted. what else could you get if the president were focused somewhere other than on this campaign promise? well, with $5.7 billion we could afford to give all 3.2 million public school teachers in america a $1700 a year raise. and we'd have $260 million left over. remember we've been talking palomi about these public school teachers who take money out of what they earn to buy school supplies for their kids. or give the nation's 3.2 million -- 3.3 million registered nurses the $1700 a year raise with $90 million left over. and the president has talked about his dedication to helping to treat substance a bruce. that money could also nearly triple the budget of the substance abuse and mental health service administration

winners include paychex, lennar, charter communications. paychex and lennar on nasdaq. both out with earnings reports that beat estimates. and i just want to mention one thing, spotify a 52-week low. it is performing so badly that analysts are ditching sell ratings on the stock. amazing, back to you. neil: gerri, thank you very much. anything to do with strength on economy, direction of the economy, concerned about amanufacturing slow down you avoid automakers like the playing as if gm needs that. it already lost a billion dollars on the ongoing uaw strike. grady trimble is outside after buick gmc dealership in illinois with latest from there. reporter: neil, surprisingly gm sales doing the best out of detroit three and trucks like this one driving sales. if you look at all of the detroit three, gm seeing increase of 6% compared to this time last year. ford is down 5%. fiat chrysler is flat. when you look at stocks, you remember the manufacturing slowdown. they're not responding accordingly because of trade fears. separately we're talking about buying cars, one trend th

if they cut hiring, that's fewer jobs and fewer people with paychex. that means fewer people spending. that's the real concern that can truly think the economy, that consumer spending goes down and they want to prevent anything that could potentially get people out of work and those paychecks. host: jeff from florida. caller: good morning, everybody. how are you doing today? guest: great. believe the fed cares about the economy and i figured instead ofy cut 10%, a few people getting raises, every one foot be a race and they would be a lot more spending the economy. in 2008 when the economy fell, it hurt a lot of people. -- is what really caused the collapse of the economy. thank you for your time. guest: a lot of good points. we just got the latest report card on the jobs on friday, just a few hours ago. if there isis that enough of a wage increase. the average hourly earnings are going of 3.2%. that is well above inflation. it's one of the better rates we have seen in over a decade. the economic policy institute did a nice break down. most of the incr

. >>> the paychex small business report from march has been released, showing the first job decrease since 2016. marty is the president and ceo of pay chew. we said it's a job grow growth decrease, but we're still talking about a very strong job market, correct? >> yeah, we are, becky what we're seeing, even with a decrease into march from february, in the first quarter, the decrease is the best -- this is the best we've seen in four quarters so, there still is good job growth it's just down from last year where we were, particularly for small businesses here under 50 >> so, what is that telling you? if you've had to take a step back and say here's what we see and what happened? and by the way, when we're looking at this graphic, you see that it's really the very northern and eastern-most parts of the united states where we've seen the decline what happened there? >> well, it really is, you know, the south is still the strongest. the biggest problem these days is still for small businesses in particular finding the right employees, finding them and recruiting them and bringing them o

we can walk out of the grocery store with a greater amount of paychex in our pocket than most people around the world. nine -- 6% of 9% of take-home pay in the grocery store for food we concern -- consume at home most developing countries it would be 20% and sometimes can be 50% spent on food. it provides x in our economy that allows us -- it provides excess in our economy. exports are important to farmers. that is30% of all produced in the country is exported to other countries. 20% of farm revenue is directly connected to exports. if we have fewer export opportunities because of terrors -- tariffs, that shrinks the bottom line for many farmers. a majority of farmers not only work aeir land but also second job and their spouse works a job. these are incredibly hard-working people and they have provided us tremendous flexibility in our economy and a sense of security because we don't rely on anybody to feed us. they created opportunities and jobs that are connected to the fact that they can export. it is incredibly important for people to understand this is a totribution that rural f

gets some of the biggest paychex in all of corporate america. he runs the huge company. he runs it pretty well. he returns so much value to shareholders who are not a bunch of fat cat rich guys in the hamptons. these are school teacher, pension funds, cops, firemen pension funds. he makes them. he deserves the money. connell: that is the whole debate. >> when you see the breadth of what this guy runs, you appreciate it. connell: abigail disney would take note. there is the freddie mac stock heading up today. it is five cents. intraday percentage wise that -- >> fannie went the opposite direction for some reason, i don't know. here is what we do know what is going on in the trump administration. they obviously want to end the government control. they're both up. they're up on the notion of recapitalization. how are they going to recap this thing to get it out of government control? from what i understand, getting from sources to the economic advisors in the trump administration, they are discussing a stock offering. connell: okay. >> that will be probably the biggest stoc

he have week in the paychex. they have them convinced this was a tax cut for the wealthy. they have them convinced more inequality thanks to these changes, when we don't. inequality is driven to some extent by the kind of automation we have these days and globalization. hey, guys, the democrats drove globalization pretty hard. donald trump is trying to fix that. pete: absolutely. if they want to play who did it better game, obama and trump. let's play it for a second. if you look at key swing states, florida, indiana, iowa, michigan, ohio, elsewhere, income growth which is key independent eight tore whether people have more money it their pocket, under obama, sub essentially than under trump. almost double in iowa. across the board in the trump economy people's wallets are getting bigger. do you think, peter, they're smart enough to realize that? >> i think it is tough for folks to grasp numbers. the changes in the economy are gradual. you gradually get better. you gradually improve the circumstances. the real problem, the trump white house last something to do with this.

reopen the government and help put 800,000 furloughed workers back into their offices and get their paychex of the they say they want to stop human trafficking. they say they want to stop the humanitarian crisis, opioid crisis, the drugs coming across the border. they say they want to stop crime coming across our border. the president's plan addresses everything democrats claim they care about, everything democrats want to have happen. yet we haven't seen them come on board and support it. that is question everybody should be asking, democrat members of congest, why aren't you supporting this? brian: here is what senator schumer said today -- >> they don't want to help the president. brian: here is what senator schumer said to answer that question. >> that is not how negotiating works. that is not "the art of the deal." what we have here is just another one-sided, partisan proposal from the president. and contrary to the president's claims, it hardly represents a soften of his position. the president's proposal is just wrapping paper on the same partisan package. brian: so, he says it is ju

of paychex was here, he saw the lowest quintile earnings to the largest quintile earners. are you seeing the same thing? >> we see employers going in other markets hiring workers this used to be all san francisco, new york, seattle is hiring, now you're looking at secondary cities where big companies are trying to find pools of talent. >> how does that work, though? because one of the interesting trends we've seen is people don't want to move any more. mobility is down across the board in the united states economy. are companies moving out to employees, are they giving better packages to improve -- >> they're looking at other places to find employees goldman, when they started marking, they go into denver you're seeing younger people moving there for life-style changes. they've been there awhile. if you're google and amazon, you're saying where can i go to find these pools of talent >> if you don't mind, we had a chart up on the three-month average. there are three stories on that chart. would the real employment number please stand up? i know it's an old joke. take a look

to watch on january 25th one week from today about 800,000 workers will miss their second round of paychex. that's also the day that the administrative office of the u.s. courts is expected to run out of money that means federal courts will still operate, but with only some of their usual employees. the irs is expected to start accepting tax filings on january 28th it will recall tens of thousands of furlowed workers for that task who will be working without pay. >>> end this already >> and we should tell everybody, we will be in switzerland next week with you. there will be lots of people we're going to tell you about who is going to be there we should also say there are people that are not going to be there. live coverage from the world economic forum american officials say they are going to sit this one out. just yesterday president trump who had canceled his own plans not to come and canceled his delegation's plans due to the partial government shutdown. treasury secretary steven mnuchin, and mike pompeo had expected to leave the u.s. delegation people like wilbur ross and others were