consider the unemployment insurance data. initial claims provide the most informative and timely high frequency data we have, but the u.i. data have provided essentially decades. shouldn't it be possible to extract more information about job losses by industry, occupation, education or demographic group from the u.i. claims? we know u.i. claims are down to their lowest level in four years. wouldn't it be nice to know which sectors have seen more of a decline than others or whether the job declinement rate is better for older or young are workers and how it's changed. i want to reiterate the u.s. economy is on the end after suffering deep wounds. the obama administration is continuing to address problems that were a long time in the making and we are committed to continuing to do so. after ten consecutive quarters of gdp growth and increasing job growth, the recovery appears to be durable. and this durability has persisted in spite of adverse shocks of varying magnituding from the h1n1 epidemic, natural disasters in asia, and

unemployment insurance seemed improbable. direct aid to the unemployed would threaten the campaign pledge of the balanced budget. still, he said he would back her. it was a job she had prepared for all her life. she had changed her name, her appearance, even her age to make herself a more effective labor advocate. she studied how man thinks she could better succeed in a man's world. she had spent decades building commercial alliances. still, she told the president she needed more time to make her decision. the next day she visited her husband, a patient in a sanitarium. he was having a good day and understood when she told him about the job offer. his first impulse was to front for himself asking her how the new job might affect him. when she assured him he could remain where he was and that her weekend visits would continue, he gave his permission. that night the woman cried in deep solves that frightened her teenage daughter. she knew the job would change her life forever and should openers of to constant media scrutiny, ha

increase tax revenues and get us out of debt or we can cut everything like food stamps and unemployment insurance they call austerity to bring spending levels down austerity is what greece is doing and this is what's happening in greece it's what the u.k. is doing and their economy hasn't seen any real growth in over a year and they too have had riots i because when you cut spending you're essentially taking money out of working people's pockets meaning that they have less to spend at the store i mean stores lose business and have to fire employees and ultimately the economy gets worse and since people are making less money and less pain fewer taxes the government gets starved of revenue and the debt problem gets worse that's why european nations that have chosen austerity are seeing their jet that debt to g.d.p. ratios skyrocket so when the gang of fox and friends says we're here at a ford food stamps pushing austerity and shoving us down the same path greece is on today got it. on the other hand. if you preserve and strengthen food stamps and other basic government spending programs you keep mo

now, the unemployment insurance is also in think here is a double situation for them.ecause there's no more unemployment insurance, we have to be pro-active in assisting them in finding employment. >>darya: 16 companies participated in the job. about five other people turned it resonates for roughly 100 jobs. >>james: the new game expected to push past 1 billion downloads, gabe slate has a look at in reedbirds space. >>gabe: the highly addictive bird slinging game is entering the final frontier. the new game is based on the premise that pleases the battlefield in states with the trajectory of the large birds altered by the gravity of nearby planets. that is a real astronauts in space discussing in records. that is one of the special things about this game, they work with nasa to make the gabe slate experience as real as possible. nasa helped them with physics related questions around space and gravity. what makes a green birds space standout is the play on gravity which comes into effect as you near a planet's atmosphere. you have to learn how to use the altered gravit

and consider the unemployment insurance data. initial claims revived the most informative and timely high-frequency data we have put the ui data have provided essentially the same information for decades. shouldn't it be possible to extract more information about job losses by industry and occupation, education or demographic groups from the ui claims. we know ui claims are down to their lowest level in four years. when it be nice to know what sectors have seen more of a decline of others or whether older or younger workers have seen more but declined or whether the job mining rate of ui recipients is greater for younger or older workers and how it is change. in closing, i want to reiterate that the u.s. economy appears to be on the mend after suffering deep wounds from the financial crisis and subsequent recession. the obama administration is continuing to address problems that were a long time in the making and we are committed to continuing to do so. after 10 consecutive quarters of gdp growth and increasing job growth, the re

. >> the labor reporting unemployment insurance dropping by 14,000, while newt gingrich came up with a novel explanation why he is not dropping out. >> i want to see if we can't reset this whole race around the idea of really big ideas and really big solutions. >> gingrich explaining why his call for an idea driven campaign is not working. >> candidly, my opponents can't comprehend it. >> rick santorum having problems with the u.s. constitution after calling for puerto rico need be to have english as its main language to qualify for state hood. not impressed with santorum's perspective. >> santorum's view is narrow and limiting view of what america's all about. >> mr. romney has his own problem with the latino hispanic vote a poll showing president obama leading by just 56 points. romney campaigning in puerto rico with a spanish radio language ad voiced by his son craig. [ speaking spanish ] >> was romney's call for illegal immigrants to practice self deportation. >> also saying and doing president obama on the campaign trail in maryland, here again echo of 2008 as he touted is recor

the clients again like i mentioned earlier are coming out of training so now it's time and unemployment insurance's a double situation for them in which i have to insure that because there's no unemployment insurance we have to kind of like be proactive about assisting them, finding employment at this time. that's one of our main mandates. >> 16 companies participated in todays job fair, about 500 people turned in resumes for roughly 100 job openings. >>> big box retailer home depot is making a third attempt to open a store in san francisco, using google earth, kron4 shows us where the company is hoping to build. kim? >> reporter: home depot just file an application with the city to build a store right here in the cities bayview neighborhood. it's in between 280 to the east and 101 to the west. let's go ahead and fly on in for using google earth. we'll get a closer look here to the property, it's huge. it's nearly eight acres and the address is on marin street and it's flanked by 280 to the east, evans avenue and chaves vote to the north. the store will be very large, 120,000 square feet and it's

we think the effect on the unemployment rate of unemployment insurance is fairly small and in any caseso i would not -- in particular i would not attribute the extend of long-term unemployment or the very high level of unemployment to unemployment insurance. as to how long it should be retained, there's the usual trade-offs, there's fiscal costs, there's the trade-offs between trying to figure out when is the right time to withdraw support, extraordinary support. those are essentially political decisions and i'm going to obviously have to leave that to congress to make those judgments. >> the second question we have from the audience here, "has the long-term decline in the rate of growth of productivity perhaps contributed to the recent republic ducks in unemployment"? >> so logically one way to explain -- one way to explain the fact that unemployment has come down, even though growth has been slow is the possibility the trend that potential growth has slowed. indeed taking all the evidence to account, we've made some very slight adjustments in that direction. but if you think about it

they need to pass the extension of the payroll tax cut and unemployment insurance and do it without drama and without delay and without linking it to some ideological side issues. they need to get it done. it shouldn't be that complicated. now is not the time for self-inflicted wounds to our economy. now is the time for action. so i want to send a clear message to congress. do not slow down the recovery that we're on. don't muck it up. [ applause ] >> keep it moving in the right direction. [ applause ] beyond preventing a tax hike, we need to do a lot more to create an economy that is built to last. to restore american manufacturing. we need to stop giving tax breaks to companies that ship jobs overseas and give that tax break to invest in workers and equipment in the united states of america. that makes a lot of sense. to reduce our dependency on foreign oil. we need to stop subsidizing companies. we are not as dependent on foreign oil. to make sure our businesses don't have to move overseas to find skilled workers, we have to invest in education. and there is a reason we are here today.

new claims for unemployment insurance benefits have also moderated. the decline in the unemployment rate has been more rapid than might have been expected given the economy appears to have been growing at that time frame at or below its trend. continued improvement is likely to require stronger growth and demand in production. not with standing, the job market remains far from normal. long-term unemployment is still near record levels and the number of persons working part time for economic reasons is very high. household spending advanced moderately in the second half of last year. however, the fundamentals that support spending continues to be weak. real household income and wealth were flat in 2011 and access to credit remain restricted for many potential borrowers. consumer sentiment has since rebounded but remains relatively low. in the housing sector, affordability has increased dramatically as a result of the decline in house prices and historically low interest races on conventional mortgages. unfortunately, many buyers lack the credit history

we have extension for the unemployment insurance, for those people that are out of work as diane mentioned for long periods of time. and we have to keep our eyes on other parts of the world that are buying our goods and in particular europe, with regard to-- with respect to what their demand for our product is. >> suarez: diane swonk, with so many people wanting to work more than they are able to work now, with so many people still looking for work s it too soon for people to be asking for raises. i noticed that the data on raises was not very good. >> well, it is i mean in fact, one of the things we do know is when you run unemployment above 8% for such a long period of time t happened in the 1980s for 38 months. we're now at 37 months today. you start to have cum latif effects out there. even new college grads that are getting jobs today are accepting jobs maybe out of the area that is their expertise. and it can hurt their earning potential going forward. also people who accept jobs often that have been out of work, accept a job that is at lower pay and with less job security than they

we are seeing benefits of the extension of unemployment insurance as well as the payroll tax extension. both of those have allowed for more income to be used, therefore creating demand. >> president obama is talking about manufacturing jobs. this is still an area where there is a lot of shortage. how are you going to combat that weakness? >> part of what we want to do is make sure we are training people for these manufacturing jobs. many entrepreneurs have told us they're looking for skilled individuals. we are proposing to put more investment in community colleges at the tune of about $8 billion. half of it would go k-12. the rest would go to community colleges so that we could have the skills to bring back jobs that have left this country over the last decades. >> there is the broader context that people are still hurting. wages have not increased that much. gas prices are at a record high for this time of year. what can you do to medicaid this? >> i think we continue to expand -- and mitigate this? >> i think we continue to expand jobs in renewable energy. there has been a job growt

we are reaping the benefits of the extension of unemployment insurance. those projects helped to create more jobs and allow for more disposable income to be used, therefore creating demand. >> president obama is in virginia today talking about manufacturing jobs. this is still an area where there is a shortage. how are you going to combat that weakness? >> part of what we want to do is make sure we are training people for these manufacturing jobs. many entrepreneurs told us they're looking for skilled individuals. what we're proposing is to put more investments in education, community colleges, with manufacturing, to the tune of about $8 million. it would create program so we could have the right personnel. >> in spite of the good jobs figures, there is still the voter context. people are still hurting. wages have not increased that much. gas prices are at a record high for the time of year. what can you do to mitigate the effect of those? >> we continue to expand the kinds of jobs that we see a need to be created in the renewable energy. we are seeing th

this president fought for $232 billion, which was a payroll tax cut, which was 99 weeks of unemployment insurance, and then the extension of every low income tax cut. that $230 billion he did then ended up being vital insurance for 2011. we did not know at the time that gas prices were going up $1. had the president not put an extra $1,000 in every family's pocket with the payroll tax cut, i think that we would have faced a much more significant chance of a double dip recession in 2011. the things he did then and his insistence on extending the payroll tax cut and up employment, i think provided a significant cushion to this recovery to absorb the external shocks that our economy took and help keep our economy resilient enough that we are in the position where we see the potential for more momentum in our economy. >> i would like to come back to gas prices for a second. but first, staying with the question of jobs, moving to looking ahead again and to a subject that you have thought a lot about, which is not just the quantity of jobs but quality of jobs. in this recession, what we particularly lo

new claims for unemployment insurance benefits have also moderated. the decline in unemployment rate over the past year has been somewhat more rapid than might have been expected given that the economy appears to have been growing during that time frame at or below its longer term trend. continued improvement in the job market is likely to require stronger growth and final demand in production, and notwithstanding the better recent dat tashgs the job market remains far from normal. the unemployment rate remains elevated and long-term unemployment is near record levels and the number of persons working part-time is very high. household spending advanced moderately in the second half of last year boosted by the fourth quarter surge in motor vehicle prrp purchases facilitated by an easing of constraints and supply by an earthquake in japan. fundamentals that support spending are weak. real household income and wealth were flat in 2011 and access to credit remains restricted for many potential borrowers. consumer sentiment has since rebounded but remains r

on insurance and unemployment insurance excluding things like that what what can we learn from karl marx right now what what hala see changes what different directions should the united states government cameron government the u.k. . be making from his analysis having been proven or disproven in some ways over the over this last century and a half percent. i think what they can certainly take from him is the analysis of the crisis and the steps out of the crisis which would include a huge stimulus to the land it would also include real investment in the technologies of the future and in renewable technologies i think in a way marx went beyond keynes whose analysis of underconsumption crisis is rather similar to marx's overproduction analysis but marx has more of an emphasis on the need for public entrepreneurial ism for public agencies to begin taking steps and i think that that is almost certainly what is required in the in the thirty's you've got dramatic developments like the t.v. . for example passive hydroelectric project which generated income on the mall serve cause massive amount

jobs, employment rate, unemployment insurance claims, hours of work. all of those indicators suggest the labor market is stployment is one of our two mandates. one of our two objectives. so clearly, that's something we'd like to see sustained. we'd like to see continued improvement in the labor market. as i talked about in the speech i gave on monday, it's much more likely that that will be sustained if we also seeoverall overall growth. so we'll continue to look at indicators of consumer spending and consumer sentiment. capital plan, capital expenditures. indicators of optimism on the part of firms. those kind of things. to see where production and demand are going to go and then, of course, as always, we have to look at the inflation side, and -- and be comfortable that price stability will be maintained and that inflation will be low and stable. so those are the things we'll be looking at and there's no simple formula, but as the economy strengthens, then -- and becomes more self-sustaining, then at some point, obviously, the need for so much suppor

but the reality was roosevelt created social security with a hundred and one he created the unemployment insurance program he gave all people a lot of money for the rest of their lives and he gave unemployed people lot of money and then the capstone he hired twelve million people in the next four five years government killed sort of last resort suddenly the government was going to do what we might call trickle up economics give them at the bottom let them have the money to spend the keep their warms and take care of their families and that will make money for corporations and when everybody wanted we're going to get the money the answer was clear he taxed corporations any tax the rich at higher rates than they've ever paid since and he found the money and that changed the dynamic didn't solve the great depression but it made the burden of it much less for the mass of people and help change the whole direction that got us out but it isn't even just measuring today it's our own history ought to teach us sure that this is not austerity and greece is not the way to go and those people who say well gov

party of no is the party of nothing and democrats abroad to social security and medicare and unemployment insurance the forty hour work week and workman's comp and and the list goes on and on and on you know the food and drug administration we need inspections and food and start and what do the republicans brings when you think of anything one thing but the republican party brought us. crickets right something the needs to be pointed out more and more often. just. the. it's the good the bad in the very very cold cough asli ugly good the u.s. sent despite big oil's chance of drill baby drill the senate yesterday rejected an amendment that would have opened up the arctic national wildlife refuge and other protected areas to oil drilling the amendment was to be attached to a bill currently under consideration that funds transportation projects nationwide given the news last week that the us has more oil than we know what to do with there's no reason to be destroying more land just to serve the interests of big oil it's nice to see washington stand up to corporate greed for once the bad u.s. senator mi

for a dollar spent on food stamps to get a dollar seventy three cents back in the economy unemployment insurance dollars spent it's a dollar sixty for infrastructure dollars think it's a dollar fifty nine all these are things that republicans oppose on the other hand the three things that republicans support capital gains cuts you spend a dollar you get thirty seven cents back corporate tax cuts the senate all you get thirty cents back bush tax cuts spend a dollar get twenty nine cents and the source for all this is movie. which is not like you know not radical left wing i mean this is moody's for goodness the food stamps the food issue would be much better served in the private sector and to do that would be well i'll tell you you could churches you have organizations you can have mosques who are willing to help their local community feels like do you agree with this idea people hungry kids on my show up at companies and on my list of leaders be things that i'd like to see the government spend less on food stamps at the very bottom and i i i do have a problem with any any campaign platform that

then the debate becomes about how much to extend unemployment insurance. because you are guaranteeing that there will be more than -- there will be millions more employer -- unemployed. tax rates are bestowed not to make us more productive or build a stronger economy, but to correct. of course, because business is inherently suspect, government must oversee and direct business decision making. patin his government-centered society, barack obama's tax increases become a necessity and a desire tool for social justice. in a world of shrinking means, there is a finite amount of money. as someone famously said, use the taxes to spread the wealth around. i am barack obama government- spending will always increase. because there is no reason for it not to. entitled to something more and will vote for anyone who promises them something more. society, government dispenses the benefits, are those with a cannot take, consuming a greater and greater share of the total economy. think about these numbers. today, government at all levels consumes 38% of the total economy

. >> the news of the day about unemployment insurance applications down by 14 grand. is that another indication that unemployment is less of a knife pointed at the president and maybe a neutral thing as time goes forward? >> i don't know if i would go that far. it's maybe a slightly blunter knife at this point. i mean, it's still unemployment is still quite high but the trend is very good and often times it's the trend that matters for an incumbent think people think the job market is improving and prospects improving and tends to be more supportive of the person in offers. but you are right, on the unemployment claims number down to 351,000 that he's good number and the fact at that that it keeps going down is good means employers are hiring. and indicates probably another 200,000 plus job growth in the month of march. which puts on you a path to get not only below 8% unemployment by election day, but perhaps closer to seven, so the conventional wisdom was does obama get to 8% no incumbent wins above 8% and i think he will do that unless we have a crisis that is unfor

entitlement programs like food stamps and medicaid and unemployment insurance and yes medicare and social security. although he didn't touch social security in his bill. but he cast gathed paul ryan and said this. he said america is a better country because of these programs. i will go one step further he read. america was not a great country until these programs were put in place. that is his story. that is barack obama's history. that's how he sees america. through the eyes of someone who believes that america is great when the government is powerful takes money from some redistributes to the other based upon what he believes is fair. that does not make america the greatest country in the history of the world, that does not make america different than any other country in the world. that makes america like the countries your ancestors left to come here for the freedom not to be given those choices by the government. [cheers and applause] we need someone who understands that what barack obama has done and what frankly republicans and democrats together have done over the past six or eigh

unemployment insurance is also anting. s a situation in which they have to ensure says there is no more insurance, we have to be proactive about assisting them finding employment. >>justine: 16 companies but dissipated in the job fair. about five other people turned it resonates for roughly 100 job openings. we have a new life picture into the kron4 news service from downtown san or felt. we are waiting for a big rainstorm that has come in. i would consider putting outdoor plans on hold for saturday. will also show you who's beating badly right after this. all, cost >>justine: if there is still progress of people behaving badly. >>stanley: sphere there are a lot of drivers ignoring the sign that reads phil left for china from 4:00 p.m.-6:00 p.m.. but soft if you have over $200 to spare. making that turn. >>officer: you have three options, pay the ticket, it will go on your record, protest the ticket if you have not been to traffic school, you are eligible. >>stanley: in one hour i watched as the driver after driver after dr

guest: he is talking about unemployment insurance and i think this illustrates the things that he says. he is trying this correlation between the good people who are working and the people who were lazy and not wanting to work, but if they are getting unemployment insurance, that is because they lost a job. if this is blaming people were unemployed for their situation. host: do you suspect that once deployed, this will lead to others? we are already talking about unemployment benefits, are there other possible benefits that are being discussed guest: -- are being discussed? guest: they talk about reaching out beyond cash assistance. mostly for programs like food stamps. this is only the people who they do not like. i do not think people are saying you're going to tax elderly people going into nursing homes to receive medicaid. i think it is people seem like it out. it is not legal to actually include the drug tested those programs. host: you made reference to snap benefits. what is that? guest: food stamps. host: 8 you were says i would rather have my taxpayers go to a lie-detector tes

job market is terrible are very reluctant to jeopardize that unemployment insurance by doing anything fashion. one thing you hope happens is that people become a lot more optimistic they will actually find a good job and a good job that pays pretty well so that will encourage more people to go out and look. i actually think we're still a fair way away from that at the moment. i think in many sectors of the economy and the country, the job market still stinks. there's a lot more we have to do to make this a consistent recovery to make more people feel like it's a recovery and not a recession. >> it does still stink. i know that's not eleloquent, thank you, rick newman. >>> to track down an african warlord accused of killing and for forcing innocent children to become soldiers. this is the online that has gone viral this week. progresso. it fits! fantastic! [ man ] pro-gresso they fit! okay-y... okay??? i've been eating progresso and now my favorite old jeans...fit. okay is there a woman i can talk to? [ male announcer ] progresso. 40 soups 100 calories or less. >>> a serious conversati

science programs, education sfrs, prison, fee ma and unemployment insurance all would be reduced. corporations and the wealthy get $3 trillion worth of tax cuts. the pentagon budget would get a good boost. ryan says the republican presidential nominees, well they're going to be on board with the plan. >> i think all have campaigned on these various ideas. our nominee owes it to the country to give them a choice of two futures. we're helping them do that. each of the people running for president have given their ideas are in jive with it. >> you believe they will accept your budget? >> absolutely. >> they need to support the plan. just ask newt gingrich. he was hammered over his comments by pundits and voters. >> it's unforivable. >> i didn't do anything with paul ryan. >> you did. you're an embarrassment to our party. >> i'm sorry your feel that way. >> why don't you get out before you make a bigger fool of yourself. >> i'm sorry your feel that way. >> he said my plan to grow the economy and balance the budget differs in details but shares the same core principles as ryan oos effo

costs like unemployment insurance, food stamps, more people on medicaid.on of costs for the babyboomers, retirement, we're going to see massive increases in medicare, social security costs in the coming years. then the last they are just plain spending. there was an explosion of that, as well. the first one, the costs associated with the economic downturn, those will actually go down if hopefully the economy improves. the others are going to have to be taken care of by congress. they have shown no inclination to actually do something about either of those. the entitlement spending or the growth in plain old spending. paul ryan that will unveil another plan next week has been talking about reforming medicare doing something about social security but so far zero, zero has happened. >> greta: byron, i hope you make it home through the traffic. [ laughter ] >> thank you, greta. >> greta: a bizarre kidnapping. its bunny happening. see the video and find out what happened. that is on last call. choose control. introducing gold choice. the freedom you can only ge

month, more good news, and today's report on jobless claims shows first-time requests for unemployment insurance has fallen to a four-year low. now, republicans, is that a good fact or a bad fact? people are starting to get it. in the first time since 2010, a fox news poll found more people saying the obama administration made the economy better than made it worse. in that same poll, 58% say that they see signs of the economy turning around. you know, i'm so glad that we are talking about the campaign. i have a suggestion for the democrats tonight, don't campaign unless you have this chart with you on the road. don't campaign unless you go to these town hall meetings and put this up and hand this out to the people that you are talking to. now, this is, of course, the vulture chart. that's rick santorum and mitt romney up there. i don't have room for newt. he doesn't score very well. the red line, over the last 30 years, this is where the top 2% has gone in america when it comes to income. who's gotten all the breaks, who's gotten all the tax cuts, who's gotten all the deregulation? look where th

still not where it should be and romney is talking a lot about not settling for 8.3 percent unemployment insurance which is higher than when obama took over. newt gingrich is talking about 4 percent unemployment saying do not settle for the middle of the road economy and maybe it is improving, maybe it is not, but you remember the recovery summer that the obama administration touted and they had to back track because the economy took a bad turn. >>neil: do you think if mitt romney won ohio tonight is it your view assuming he picks up virginia where it is he and ron paul, that he is well on his way, or is it way too early to say after that? >>guest: if he ins ohio and the state, and he will win some states, he will win massachusetts and vermont and probably virginia so he has some in the pocket, and if he won ohio, this is basically done. that does not mean newt gingrich will get out, but romney with have cleared a major hurdle and would show that he can finally close this if he wins seven or eight states and ohio is a must when not for romney but for santorum. >>neil: good to have you, bob. that w