david: we have ed lazear, former chairman of president's council of economic advisors and currently aior ellow at the hoover institution. great to see you. it was an overall iss but not by much the jobs number today. what does it say to you particularly as you look through details of the report? >> well the report on the whole is a pretty good report. it is not just the headline number that you discussed% numbers behind the scenes.of the the most numbers are first of all the hours worked, average weekly hours and the second is the employment rate. so the average weekly hours went up just slightly. went up to 34.5. to 34.6, but, that actually is the equivalent of almmst 400,000 jobs. so if you just take that .1 of an hour an multiply it times the whole workforce, how many equivalent people is that? that is about 400,000 jobs. so that's a really big deal. that is the sttongest part of it. the second piece of good news that the employment to population ratio, which is the number of people working relative to the working age population, so it is basscally who, who has jobs out of thooe wh

bush, ed lazear, agrees with obama, especially when it comes to wages. >> ink