Hello America, welcome. It is Eric Erickson here. Glad to have you with me. The phone number

877977373425. We have to unfortunately talk about the economy. I would prefer not to have to talk about this,

but there is some news that we need to deal with on the economic front.

Let me play you this real quick from Fox Business.

All right. Unemployment rate goes up in a big way, not 3.5%, but 3.8% Cheryl, in the month of August.

Unemployment rate goes up in a big way, she says. It's still under 4%. That's still very good, but there are starting to be warning signs on the horizon. A key Fed inflation gauge accelerated to 3.3% in July. High prices are persistent. The personal consumption expenditures index showed that consumer

prices rose two-tenths of a percent from the previous month. On an annual basis, prices

climbed 3.3 percent up from 3 percent the previous month, underscoring the challenges of

taming high inflation. The figures were both in line

with estimates from economists. The Fed wants it to be 2%. Likewise, gas prices are a problem.

Here's this from CNN.

If you are hitting the road this holiday weekend, expect to pay a bit more at the pump.

Gas prices are hovering around historic highs for this time of year at 383 a gallon.

That's according to AAA's latest figures. And a CNN review of federal data shows that for the week leading up to Labor Day,

the record high

was set in 2012 at 384 a gallon.

So the record was 384 a gallon set in 2012.

We're at 383 a gallon.

Oof.

Costs are going up for you to be able to drive anywhere.

Hiring slowed this summer. This is from the Wall Street Journal.

Employment rose in August signs the labor market as cooling. U.S. employers added 187,000 jobs last month while payrolls in June and July were revised down a combined 110,000. The Labor Department said Friday, over those three months,

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