the so called obama recovery, we still see millions of our fellow citizens ink employmented, or underemployed. shrinking middle income paychecks, and trillions of dollars of new unsustainable debt. >> janet yellen has been the two main topics here p p on the issue of jobs she agreed that we have two pretty weak jobs reports so far. and we need more -- get a real handle on the direction the economy is taking but she said she did agree that more needs to be done to stimulate job growth, but most especially here at the congress. take a listen. >> too many americans remain unemployed, inflation remains below our longer term objective, and the would recollect of making the financial system more robust, has not yet been completed. >> and on the issue of the stimulus, the federal reserve has been pumping 85 billion-dollars into the economy every month, they now road that back with two decreases. two decreases first from 85 million, now 65 million. saying several times today that the feds were predicting modest growth, going forward, and if indeed modest growth is what with we get, then she is commit

years into the so-called obama recovery, we still see millions of our fellow citizens unemployed or underemployedshrinking middle income paychecks and trillions of dollars of new unsustainable debt. >> that was the opening words that janet yellen had to sit through, and she got her chance to respond. and she said she agreed there is a lot of work to be done, she talked about the unemployment rate and how it is well above levels that participates would consider consistent with maximum sustainable employment. and she said when you are considering the unemployment rate you have to look at a lot more. >> too many americans remain unemployed, inflation remains below our longer-term objective, and the work of making the financial system morrow -- more robust has not yet been completed. >> so now the issue of the federal reserve pumping billions of dollars in to the economy here. it is now down to $65 billion a month. people on the committee will want to know what she feels about that. del. >> john lots of things changes on capitol hill with regards to the new fed chair. she prefers to be called the fed

on poverty at think we need to have our own plan. 20 million people are either unemployed or underemployed in our country. i propose economic freedom zones. different approach could bring jobs to people who have been long-term unemployed. we have better ideas. one of your colleagues said that your comments were infuriating. your reaction? whate needs to remember she said about bill clinton. she would not want her daughter in the same room with them. they cannot have it both ways. the democrats cannot say we are the great defenders of women's rights and we will defend you of abusivee kind abbas that uses their position of authority to take advantage of a young woman when the leader of the party is bill clinton he was a perpetrator of that kind of sexual harassment. they cannot have it both ways. i really think that anybody that wants to take money from bill clinton or have a fundraiser has a lot of explaining to do. they should give the money back. if they want to take a position on women's rights, it by all means do. use it to take advantage of young women in the workplace. she paid an $80

the able bodied people who want to work or underemployed working under 35 hours or less is extreamlyh, 13% versus 6.6%. so you can look at other measures within the employment survey that i think are more to the meat of the matter of how weak the labor market still is. >> how does janet yellen distinguish herself from ben bernanke? how does she make it her fed? >> i think she already has. it's all about communication. she's going to be the queen of communication but it's going to be a rough ride. >> i think it's going to take time. it's about communications but it's going to take time for people to look at her and see the decisions she makes. she's got to make decisions and lead and then it will become her fed. it won't take that long. .> thank you for joining me >> bloomberg is on the markets. our markets senior correspondent joins me from the newsroom with the details. >> good afternoon. if you take a look at stocks, they were rising to the highs of the session right now. retails sales worse than estimated. counter balanced by some better individual corporate news. let's talk about

i was in the wake of the economic crisis to become unemployed or underemployed in the republic of ireland. so to restore the pre crisis levels in commencement living becomes less and move overseas for work to secure that same whether moderate pace. even though the financial rewards may be good. it can come at a high price. the main consequence is the love of family and suggests that the only life can become strained and framed as a result of the routine separations and often can you think. this study also found that a small number of weekly commute is to sew cook and their purposes and not just for financial reasons. professor helen will tend to hide the hard job but ucc to take over eighteen of dentistry at the university of leeds. i'll take that flight took off to manchester and get the train to manchester to leeds and then i come back i turned a christian through friday. and it's that the reverse journey but the week he can use doesn't impact on sunday night on the person that i've been extremely supportive husbands and family and to pass. i couldn't possibly think of places. it's been

i: butthe reason be weeshore jobs, technologs improved and people are unemploy or underemployed.pecific economists look at the problem to say that is the way the world supposed to be. if we take that money from the 1% and give it to others then they will be free to right symphoni and make the world a better place. i think they areincredibly hopeful and i don't really understand their thinking. it seems li the court ethic of america is hard work pays. >> right to. but wee not paying for hardork people of working tw torki hey cann even wal-mart is considering raising the minimum wage was then that will open the door for everybody. that is whats great we consistently reported hard work so people could make a living. that is why we don't have the middle class we used to andhe economy is lagng with no cumers. gerri: first of all, wal-mart told us they always look at the minimum wage issuend caps said they would raise those above the minimum wage. what makes more sense? finding more job opportunities and expanding the economy so people hire more people or give out money as wage subsidi

did drop 6.6%, that's because workforce participation fell again leaving 113,000 unemployed or underemployed. ed, what's the white house view? what are they saying now about these numbers. >> what they are trying to focus on is the big picture. the last few months job numbers have not been strong. they are looking at the fact 47 straight months of private sector job growth, 8.5 million jobs created over those 47 months. the longview is that things have been getting better but slowly. that's why the president in michigan today to sign the farm bill, he wants to promote how rural economies are coming back specifically. he knows full well a lot of the american people all akrcross th land are not feeling relief. put out a statement calling on congress to act now because of these job numbers. fuhrman saying, quote, given the elevated long-term unemployment rate extending emergency unemployment for 1.7 million workers who lost them is critical. at the same time the president will continue to focus on action pushing forward with priorities with congress and using pen to expand opportunities and gro

noted the nation is now 17 trillion in debt and there are 20 million people who are unemployed or underemployed. the president will have an event tomorrow where he'll continue to make the case since 2010, he's created 8 million jobs. >> the acting head of the u.s. immigrations customs enforcement is leaving after six months on the job. john sandweg is a former defense attorney who raised funds for janet napolitano during his political career. his employment raised eyebrows because of his scant experience. >>> up next, how much blame should president obama get for the deteriorating situation in syria? >>> first, here's what some of our fox affiliates across the country are covering tonight. fox 29 in philadelphia with a ne 19-year-old woman already charged with murder claiming she's killed more than 20 other people. >>> miami, wounded warriors gone fishing. these injured vets were treated to a day of boating and fishing in south florida thanks to the wounded warrior project. and this is a live look at boson from fox 25. the big story tonight is more snow on the way. 3 to 5 inches expected around

democrat sick, that over 400,000 working-class men and women in the state who are either unemployed or underemployedortunities to be able to participate in ary voting when the grandmother needs the opportunity to participate or the single mother or single father, this is about us being able to exercise our fundamental right to vote. i believe that ohioans are going to side with the right side. that is making sure that we expand and protect the right to vote. joy, we will not relent in this state until we make sure that every single voters eligible voter that is the unfettered access to the ballot box that they deserve. >> all right. i wonder if the arizona example, what we just saw with that bill restricting lbgt rights, if that will will be instruct i have been to people all over the country. thank you very much, nina turner, and jennifer farmer. thank you both. >> thank you. >>> all right. new e-mails released today by the committee investigating the christie administration on the bridgegate scandal in new jersey reveal two key players jokesing about causing traffic problems for a local rabbi, and

years into the so-called obama recovery we still see millions of our fellow citizens unemployed or underemployed. shrinking middle income paychecks, and trillions of dollars of new unsustainable debt. why is the nonrecovery recovery producing only one-third of the growth of previous recoveries? by one estimate the obama administration owes $494 billion in new regulatory costs upon our economy. from the 2.5 million net jobs cbo has now announced obamacare will cost us, to the incomprehensible volcker rule, business enterprises are simply drowning in regulatory red tape that they attempt to expand and create more jobs monetary policy cannot remedy this. what else is different from previous recoveries? the single largest tax increase in american history. more than 1.5 trillion in higher taxes, from both the fiscal cliff agreement, and obamacare. and these taxes principally fall upon small businesses, entrepreneurs, and investors, again, as they try to bring about a healthier economy and create jobs. monetary policy cannot remedy this either. what else is different? fear, doubt, uncertainty, and pes

speaker, today with nearly 30 million meshes either unemployed or underemployed we have a moral obligation to solve the crisis. unemployment is rampant in both red states and blue states, creating jobs means creating dignity. we have bipartisan options to build a full employment society, including proposals to spur public-private investments in infrastructure and close the skills gap. but we must act now. the mantra of this congress should be, could be, and must be jobs, jobs, jobs. i yield back the blabs of my time. the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? mr. sessions: by direction of the -- >> by direction of the committee on rules i call up h.r. 470 for consideration. the speaker pro tempore: the clerk will report the title. the clerk: house resolution 470 rerks solved that at any time after adoption of this resolution the speaker may declare the house resolved into the committee of the whole demole -- committee of the whole house on the state of the union for the consideration of the bill h.r. 3590, protect and enhance opportunities for

basically an economically challenged generation, and so many millennials are either unemployed, underemployed, orave jobs which don't pay sufficient levels of remuneration in order to purchase a home. >> i'm not thinking i need to save to buy a house. i'm thinking i need to save in case i lose my job, i'm going to need to be able to making rent just to get another job. >> reporter: for christy regardless of the economic squeeze she says she is not letting go of the american dream. >> i'm determined to turn it around and get to where i can own my own home again. >>> middle class americans are getting squeezed on things like homeownership, student debt and jobs. al jazeera will be focusing on these issues all year long. and that will begin with ali velshi's first hour-long special. he spoke to u.s. labor secretary, teamster's union president, and personal finance expert. you can catch an encore present takes saturday at 3:00 pm eastern, and sunday at 9:00 am eastern right here on al jazeera america. finally, many of us have had the unique experience of dealing with a cable company. i say unique, be

years into the so-called obama recovery we still see millions of our fellow citizens unemployed or underemployed. shrinking middle income paychecks, and trillions of dollars of new unsustainable debt. why is the nonrecovery recovery producing only one-third of the growth of previous recoveries? by one estimate the obama administration owes $494 billion in new regulatory costs upon our economy. from the 2.5 million net jobs cbo has now announced obamacare will cost us, to the incomprehensible volcker rule, business enterprises are simply drowning in regulatory red tape that they attempt to expand and create more jobs monetary policy cannot remedy this. what else is different from previous recoveries? the single largest tax increase in american history. more than 1.5 trillion in higher taxes, from both the fiscal cliff agreement, and obamacare. and these taxes principally fall upon small businesses, entrepreneurs, and investors, again, as they try to bring about a healthier economy and create jobs. monetary policy cannot remedy this either. what else is different? fear, doubt, uncertainty, and pes

administration economic policy, tens of millions of our fellow citizens are either unemployed or underemployed. they don't have the income to consume. that's not consumer protection. part of the problem is the cfpb, because true consumer protection, mr. chairman, empowers consumers in innovative, transparent, competitive market and it respects the intelligence and the dignity of the american citizen, and it preserves their economic liberty to choose the mortgages, the credit cards and, yes, even the payday loans that they choose to consume. but instead, mr. chairman, many of my friends on the other side of the aisle would love to take away in god we trust and put up there in government we trust. the american people are tired of unaccountable, arrogant washington bureaucrats, the unaccountable, the unelected who are taking away their homeownership opportunities, taking away their credit cards and insulting them by saying, i'm from washington, i'm smarter than you, i'm better than you, i know what's best. it's time for us to pass the consumer financial freedom in washington accountability act, a

it is difficult for those of us underemployed or stressed out with the health care law problems or bill that they are so immersed in the problems of this world that they don't get out of that. how do they get out of that? >> well, i was in the hospital for seven months, had four major surgeries on my back, and i was absolutely overwhelmed. i couldn't walk, my life just fell apart. i was out of church for eight months. and yet i'm setting there in the hospital and i hear this voice in my heart say, steve, why are you not overwhelmed with me? and i had to stop. here i am a pastor of a church of some 9,000, you know, i'm to be trusting god and i'm not. i'm upset because my life's falling apart. so i had to stop and just turn everything around and say, yes, you're right, god, you know what's best. so i've watched couples walk away. when my daughter's husband was murdered, it was hard for her because you would think it would bring people to god, but it doesn't. it drives people away. and i'm saying that it's a strong faith, a strong relationship, that's why i appreciate you so much. you have

these people are among the 44% that are working part time or have positions that don't require a degree. in other words, they are underemployed. takes us to one job club for grads in their 20s. >> midtown new york city, 6:00 p.m, it's happy hour but instead of hitting a pub, some of them are hitting a job club. bachelor's degree in biology, and a master's in biotechnology. >> i thought i was wasting my time in school. mr. this club peets twice a meea month. members fill each other in with their job search first. this meeting is organized by the library and targeted to recent college graduates. it is led by a volunteer career counselor karen palevski. >> managing career contacts. it doesn't matter what you do and what level you are. >> each meeting has a unique focus like interviewing skills or application technology. this day's topic: networking. >> positions that are filled before they go out to the public. >> members are encouraged to share contacts because what might not work for one person could be another one's golden ticket. the estimate is there are more of these in america and more forming every week. >> these job clu

there are over 400,000 ohioans who are either underemployed and unemploy 37d think about folks in the middle class stringing two orobs together and them not having an opportunity to take advantage of sunday voting or having the opportunity of take advantage of evening voting. all of this is being done by design, rachel. it is not an accident that the republicans in the state of ohio are trying to break the spirit and the will of the voters in the great state of ohio. it is a shame. this is a moral issue and everyone in this state should be outraged. as you pointed out, these roadblocks, voters should not have to jump over hurdles and roadblocks just to be able to vote. voting is designed to determine their will, not how high they can jump. they're taking us back to the bad old days in the state of ohio. >> the secretary said today one of his goals in announcing these changes was in his words to make it hard to cheat during elections. and he said this while announcing cutting back on early voting. has there ever been, even the allegation that there's some connection between cheating and voting and voting at a time

or hurt more people than it helps? yes, if you're 58 years old, you're underemployed, have an income of $18,000 to $20,000, it will helpwill give you a subsidy to purchase insurance. on the other hand, if you're 58 years old, you work for yourself, you do not -- you make more money than is necessary to qualify for a subsidy. you could face a much more expensive policy with a deductible that's through the roof. these are tradeoffs that even supporters of obamacare talk about. what we do know in the big numbers is that really a rather small number of people are actually signing up. administration says 3.3 million people signed up for private health insurance. 20,000 of those haven't paid and we know a small percentage were previously uninsured. a large percentage actually had insurance before, may have been knocked off of it by obamacare and then they go to the exchanges to reup. so we don't really know how many people are being helped right now. jon: the administration is desperate to sign up more of the so-called ins vince -- invincibles, paying into the program to help make it economically feasible for everybody else.

brandeis once said, we may have democracy or wealth concentrated in the hands of a few but we cannot have both. letting a generation of americans remain underemployed, underpaid and despair about their future creates social destruction and damages democracy. nations whose citizens believe that the game is rigged against them are not beacons of democracy. civil culture cor roads. we have seen that here at home. the new pope, pope francis, lamented that the world's inequality is quietly undermining political and social institutions. he gets it. last week, the president highlighted how our nation's wealth and income gaps have become too large to continue to ignore. congress cannot continue to stand by. i urge my colleagues to consider the many bipartisan proposals that would jump-start growth. we need to be investing in america's infrastructure. my bill would give local governments another tool to jump start the economy and infrastructure projects. generations of americans starting with our founders made their way to america's shores attracted by the promise of opportunity and with the belief that through hard work they can get ahead. unfortunately, t

goes very well or a career in art that allows them to pay their own bills without depending on the government? maybe the loosened up hours will go to the 18% of the country that is underemployed. >> one of my sons is a fabulous musician and i would like nothing better to see him get famous but i told him it is hard work and he is getting a double major in engineering. >> they make the promises sound good but they are unrealistic. you have to work sometimes you you don't like what you have to do but you have to do it anyway. president obama and the democrats are selling a dream that is just a fantasy. i don't see how it will get better now or ever. >> we will talk about this more including what douglas akins who used to head the cbo is up in 30 minutes >>> back to back winter issues and millions of people from the ohio valley all the way to the mideast are suffering from the winter. mike is live near chicago. mike? >> you have 330 flights canceled and if chicago slows down, every slows down. in detroit, there are two planes stuck on the tarmac because these conditions. it looks less busy on the streets because most people got to work already. i can show you people digging ice.

and another big thing that congress may or may not have a hand in, and it's something that you talk about a lot, is kind of the concept of the underemployed jobs. what did lew have to say about that very important question about creating jobs and honestly, what role the government has in that? >> he goes back to retraining. he goes back to making sure that from -- from prek all the way through community colleges and our university system that we're teaching the right skills, science, technology, engineering, math, so people have technical skills. so it goes back to the sort of bigger picture idea that we're not going to fix what's been going on for the past 30 years. income inequality is sort of the stagnation of the past. we're not going to fix it in a year, but we need to be making the investments right now. that's what's going to keep america on top. >> that needs to be the long-term focus of our folks in washington. >> right. >> if you watch the back and forth political battles, it's not what we see. >> i know. i know. it's really frustrating too because there's fighting on every kind of move on how to create jobs. i will say he's goi