josh feinman: i will tell you the mass of it.e participation rate hold steady, very hard to do given the demographic downtrend. even with a very aggressive assumption about population growth, unemployment rate would have to go negative. mathematically impossible. ok? if somebody offered you a bit about with probably a jobs, take it. -- offer you a bet about jobs, take it. >> unemployment. >> i don't know. jonathan: josh- feinman. thank you. revenue and $23.8 billion previously sought $25.2 billion. below that at $23.82 billion. the stock is down by 1.5%. stocks lower. coming up -- the flows may be slowing. the active managers will have a lot to offer. what are the trade-offs and what does the trump administration mean? this is bloomberg. ♪ emma: i'm emma chandra in the hewlett-packard enterprise green room. congressman from ohio, tim ryan and how plan debt and how democrats plan on -- and how democrats plan on taking on donald trump. this is bloomberg. 20 16 some massive inflows of funds part of a larger trend going on for some t