Last month, employment posted its smallest increase in over four years last month as the housing downturn continued to take its toll, while the jobless rate hit a two-year high, indicating a weak finish for the U.S. economy in 2007. In tonight's program, Suzanne Pratt will have analysis on today's Labor Department report and the chances of the economy sliding into a recession.
President Bush is meeting with his top economic advisers on drafting a possible package to stimulate the economy. Stephanie Dhue takes a look at what the president plans to do in light of today's employment report. Washington Bureau Chief Darren Gersh sits down with White House Chief Economic Adviser Ed Lazear to get details on the administration's plan and what options the president is considering. And, tonight's Market Monitor says 2008 is a time for guarded optimism. He's Richard Steinberg, President of Steinberg Global Asset Managment.





