nela, janet yellen, i had to hedge my bets in the last segment there.he hasn't been confirmed, voted on, sworn yet, but by all accounts she's on her way in. said to be much more hawkish on getting the unemployment rate down than worrying about inflation . what does that mean in practical terms while the bank is also unwinding this long-term stimulus project? >> i think for the near term futureish it means that she has the freedom to really target unemployment as aggressively if she chooses as bernanke has in the past. she really can be data driven, deliberate, but look at a certain set of indicators, motivated by those as opposed to worrying about the specker of rising inflation. >> one of the ways that traditionally has been done is by lowering interest rates. they're practically at zero, it's not that like you can do more than that. >> there is the head wayne as we've been talking before the break. what you may see is a policy that goes forward, reverses, stops. the market may be queasy from time to time trying to figure out what the latest number mea

nela richardson from bloomberg. thank you, have a good weekend. >>> not only did the economy add far fewer jobs, the jobs created, well, that was disappointing as well. the lack of good jobs is not just a problem for low-skilled workers any more. plenty of folks with college degrees are finding themselves under employed. patricia is here with more on this side of the story. patricia, good to see you. >> it's good to see you, too. these days a college degree is no guarantee of a job, let alone a dream job. recent college graduates are having the toughest time of getting a foot hold on the career ladder. >> when whitney mcdonald graduated with honors she was optimistic about her job proce prospects. >> i was feeling good. i graduated top of my class, and i was feeling great. >> three years on the 26-year-old has yet to land a full time position in her chosen field. instead she's under employed juggling two part-time jobs that don't require a college degree. >> since graduating i've been working in a restaurant five ni

thank you, nela richardson, senior economist at bloomberg government. everybody. "market makers" coming right back. ♪ >> that is going to do it for "market makers," today, the first working day of the new year. >> tomorrow we will talk about cars a lot. >> we are, and it might be you's and me if stephanie's airplane -- it might be you and me if stephanie's airplane does not take off out of miami. speaking with the head of mercedes-benz usa. >> a lot of technology in those cars. amazing. we will talk to an analyst bullish on coinstar. ♪ the hour, which means bloomberg television is on the markets, and it is time for today's business insight. outrnior strategist expects to break out. jarrod leavy, talk about this call. >> it is an interesting stock. i wish they would have picked a better name than outer wall. it does not speak to what they do, but they left it ambiguous to get the company is reinvesting it -- reinventing itself. is not like there is this fear that dvd and cds and blue rays will go away tomorrow. i think people already know that is going a

. >> nela?ie, i think the is that companies are not doing the same things that they did 20 years ago. companies used to train workers. now president obama has laid out a plan to train workers for the jobs of tomorrow. we are not seeing the same great deal policies. we have to figure out what policies will lead to mobility. ishink the key issue here our trade, our tax system does not support income mobility. this is not a partisan issue. issue. an economic an issue larry summers talked about when he talked about secular stagnation. how do we increase growth? then how do we distribute the pie? we had some fascinating statistics last week that in some respects, this proved that inequality is worsening. however it is predicated on one notion, that there is redistribution going on. or whatever to soften the blow of inequality. yes, the rich are getting richer, but people on the bottom are not doing so bad. is that something that republicans in general are scared to maintain? >> here is the problem. t