" This is Money Markets & More for TGI Friday October 2 209. From the newsroom of the MarketWatch radio network I'm Steve Potisk coming up."
" Enough worth the preliminaries already what will the official job report tell us you've got your Google Maps or Google mail earlier Google docs and now are we looking at Google divorce I'm Tracy -- and I'll have your daily tech update."
" And I'm John -- coming up in a moment parents are you looking for deals out there I mean looking really hard using the Internet. To try to cut."
" Costs and expenses these days that's right parent to -- going to high end boutiques are checking at places like Craig's list that's consumer race and Kate's shall join me to talk about this animal. But first looking for other great podcasts checked out the Hulbert financial files with investment newsletter watchdog Mark Hulbert every week. Here at marketwatch.com."
" On the day book this is at the day we have Albany they're waiting for May be dreading. Will -- September jobs report Stuart Hoffman chief economist at PNC financial predicts what we might see."
" Most people think a recovery in terms of jobs. We haven't reached a recovery in jobs we didn't see that in the eyes and number and Friday when -- our report comes out for September. We likely lost another 200000. Jobs across the economy. So that sort of recovery is in output and production. In companies that have trimmed their inventories trying to rebuild them there's clear recovering in Asia and China and India. In parts of Western Europe in the years in the US. But I think what we're seeing. Economists and others that I think in the stock market. Is to precursors of a rise in the job market if we get that by the first quarter of next year. I think the idea of -- recovery. We'll bring more readily seen on main street. And not just in the financial. Economist us. You think we'll start seeing job growth early next year yes. You know not not September. But I think by the first quarter. We will actually put a plus nine in front of the payroll numbers rather than -- now and probably will be a string of -- just 21 consecutive. Monthly decline and we may have several more to go through the end of this year."
" And you've been here -- Tracy jockeys conversation with Stuart Hoffman MarketWatch dot com's recession and recovery podcast. A -- also get the August factory orders numbers on this day in history seventy -- 89 George Washington says the proposed bill of rights to the states for ratification. 1950. Peanuts by Charles -- shoals was first published."
" I guess you know I've never succeeded -- anything in my whole life. And it's true I've met in ninth your -- to lose -- weaknesses. When are -- thoughts Charlie Brown."
" 1967. Thurgood Marshall sworn in as the first African American justice of the US Supreme Court. 1996. The electronic Freedom of Information Act amendments are signed by President Bill Clinton. It's Money Markets & More from market watch dot com."
" It's. --"
" At. He had just about everybody maybe with the exception of those of government. -- knew this was going to happen but the expiration of the cash for clunkers rebate program. Has led to the expiration of any benefit to the auto industry. While the skated for Ford could have been a lot worse says its September sales were down about 5% it couldn't have been much worse for Chrysler with a 42% falloff. Or General Motors with a 45%. Collapse. Okay we all know about Jon and Kate plus eight but apple giving Google it's walking papers Tracy Johnke looks at the possibility in the daily tech up."
" Date Steve apple and Google one's best friends forever seem to be gone through long and public break -- and here is another sign apple very quietly purchased a mapping company over the summer. And is unclear where that leaves Google Maps for the iPhone and for Apple's iPhoto software. Earlier this year one of Google's founders resigned from Apple's board of directors recently apple rejected their Google Voice app for the iPhone."
" Steve thanks Tracy okay parents how many -- you are saving money. John -- on command -- are surfing the web two and answer."
" Many parents are looking for deals these days and they're using the Internet in particular to go out there aren't buying stuff for their kids. So gone are those 10000. Dollar baby strollers or maybe some mother luxurious item and they are hitting the web just like our consumer race and Kate he joins us she goes on the Internet every day right now."
" I do all day -- network that's allowed and that's a good thing and is. You work for marketwatch.com. Yes that's very true yes what's going on these days is a lot of parents are like everyone else there there were concerned about the economy. They're concerned about their job so even if they have the money. And set of buying as you said these these. Super luxurious. Cribs and -- the stuff like that there are gladly accepting. Stuff secondhand from. Family members or friends -- the going to secondhand shots of the accord to Craig's -- places like that because now it's okay to have used stroller."
" You know I gotta tell -- that we have done this my wife in particular. She like myself as a tight line so it's orange and heaven yes and lance. Holiday season last Christmas she found on Craigslist. One of those John Deere tractors that normally go for three to 400 dollars and she founded for fifty dollars and of those -- island stands wow that's a good day not a real John -- that would be a real deal a but a toy wants."
" That we've we've talked about before the same with weddings and other stuff parents even if they have the money that it went up to appear ostentatious by. Going around announced that -- Cadillac of baby cribs and things like battery or at 200 dollar dress for their two month old or whatever."
" Yeah that's something I just I that's mind blowing that there are parents out there who spend hundreds and hundreds of dollars. On their children's clothes and those clothes are. Pretty much relegated to the bank of the closet within two or three months -- especially when their when their newborns absolutely. And I'll is gladly accepted clothes for people to give me free clothes absolutely handed on over. So that does that mean that that we are all becoming frugal. Or do you think that people are gonna go back to buying. The of the Mercedes-Benz. Of strollers. Once the economy picks up again."
" Well it's interesting a number of analysts -- told the New York Times that this may be assigned that actually this is a permanent trend that we're going to be raising a new generation of depression era babies. As parents decide that they're not going to. Spend all this -- sales of things with what they call loved the plane discover market that's always and videotapes and stuff aimed at babies it's dropped dramatically. And about the last year and a half. And here's another interesting fact that at American kids up until recently got an average of seventy new toys a year not my kids but and on other counting. The toys -- happy meals or something like that but that's that's."
" Pretty incredible that staggering. That's staggering I know you have the relatives who were always you know a loose his loyal sure that is -- I mean holy -- Panel wanted to go back to the log cabin -- but have a few sticks and a few rocks and -- okay football than a."
" Hot the -- to bang on and yeah. I mean I especially my son was young -- who goes to some birthday parties were parents are just obviously trying to -- everyone else it was just incredible."
" We love to hear from parents out there. If you who are cutting Bancorp you're looking for deals where are you looking for deals would love to share that with everyone. Is there a certain website out there that we should know about. And are you doing this if your parents or if -- grandparent are you looking for deals. For your grandson or granddaughter by hitting the -- going to thrift stores or what have -- sound good and sounds good and how can people look at touch."
" They can send us an email to MarketWatch radio newsroom at Yahoo.com. Or if they can follow us on Twitter -- W radio or look this up on FaceBook at MarketWatch radio network and its that's a good ideas so please we love to hear from you and and Kate thank you is all thanks yup that's it for Money Markets & More I'm Steve Potisk I'll see you next time."