also jim tankersley, economic correspondent with the "washington post" to take your policy questionsre this morning. i want to tell you first how we're dividing lines. d you can call in right away. under 24,000, 202-748-8 had you thousand. if you make between 25 and 50,000, 202-748. -2001. over 50,000. 280 of it 748-2002. begin with the latest on the employment rate. july unemployment rate was 4.9%. this is still above prerecession low point but still unchanged in july. why? what is happening in our economy? >> guest: we're continuing to recover from the longest, t deepest recession since the great depression. this month, our numbers were really quite robust. we were able to absorb all entry into the labor market. we had job growth commensurate with population growth.. so, it was a good month in that sense. >> host: when you look at this number, who are you including and who are you not including in that number? >> guest: the unemployment rate is defined as the share of labo force that is, that is actively looking for work, that does not have a job, is ready to work, and has looked f

joining me from washington tim tankersley of "the washington post." welcome, jim. >> thank you for having me. >> tell me what you think drum did today? terms of casting a sense of him and his economic views. >> well, he tried to lay out a vision, he tried to do two really important things. the first was, was to reach back out to republicans, many of whom have been turned off by the events of the last week you mentioned and reassure them he wants to cut taxes, he wants to cut regulations. he has a traditional conservative plan for the economy. at the same time he reached out with that populist arm that we've seen him wield so well and really hit on the pain many of the americans have felt from free trade. he hit nafta, he hit tpp and he tried to paint hillary clinton as on the wrong side of both those issues, of the conservative tax and regs issues and on the trade issue that he really sees as his reach out to the middle. >> rose: is trade a winning issue for donald trump. >> he obviously believes it is. it worked for him in the plierms and believes it will work in

and jim tankersley is correspondent with the washington poster take your policy questions this morninglines, underng the 24,000, if you been make between , and over 50,000. start calling in with your questions. what's happening in our economy? guest: we are continue to recover from the deepest depression. were quite robust this month. we were able to absorb all the entry into the labor market and we had job growth. we had population growth. it was a good month. host: when you look at this number who are you including and who are you not including in that number? guest: the unemployed is unemployment rate is defined as a share of the labor force that is actively looking for work, does not have a job, is ready to work and has looked for work within the past four weeks. now, that defines what the unemployment rate is. in addition to the people are in the labor force for people who are out of the labor force. those folks are people who are in school, who are retired, who have family responsibilities and may be disabled. those are the folks who are of the age where they could be working tha

. >> host: jim tankersley, you touched on this before, wage growth from the bls, real earnings increased for sinceat 1979. but up chained for lowest workers. what is happening in the economy? >> guest: unchanged for lowest workers. unchanged for the middle class. it feels like stagnation over this century, essentially.si since the end of the wage growth boom in the '90s. if you include the small up tick in the 2000s erased by the, by the recession and then now the slow recovery, although there is some evidence that wage growth is picking up in this lastro year-and-a-half, two years, it doesn't feel like, people feel like they're working just as hard as they used to, not getting ahead or working harder, not getting ahead. this is something i write about a lot. this is something animating our politics in the count youtry.. it feels to a lot of workers they are not moving ahead in thw way they expect to in an american economy. >> host: the final chart here, over past two years earnings growth outpaced inflation. what does that mean for policy makers? what does it mean for the federal reserv

oshen from ther bureau of labor statistics and jim tankersley discuss the latest statistics on jobs and prices. then, we will hear hillary clinton talk about her plan for the economy. that is live at 1:15 p.m. here on c-span. now, back to the white house transition project with a look at how a new administration picks administrators and policies. this is about one hour and 20 minutes. 1998 we too are often reminded was actually a long time ago -- seemed like just yesterday but it's quite a long time ago. one of the things that people talk about was measuring the ofpes was the equivalent taking your socks in the middle of a winning streak in baseball so we just had to do with the fact that politicians were like professional baseball players and would grow a beard if they thought it would help win the election and they would not change the socks if they thought they would win the election. the transitions ran against that . it is commonplace for people to think that it is a responsible thing to do for the candidate to measure the traits and think about what are they going to do if they ac