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Oct 7, 2011
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the unemployment rate's been hovering around 9% since april. if you go back a year, we were generating around 160,000 jobs per month. not enough, but at least enough to take the unemployment rate from ten down to nine. then job growth decelerated, so the unemployment rate stuck. that's not enough to drive the jobless rate down. we're stuck. we've got some policy solutions, they're on the table, but the table's across the room and we can't get there. >> if you were to look at the policy solutions that are out there, peter, the president to his credit, out really whipping and stumping for a jobs agenda, directly targeting the gop. the problem, it seems, is we're debating whether we're going to go with the president's plan, which at its best is 1.9 million jobs, or something less than that, when the order of magnitude of the problem that we face, much like the size of the debt that we face, is in the tens of millions of jobs, not one or two million. >> absolutely. the real tragedy of washington these days is there doesn't seem to be a grasp of how
the unemployment rate's been hovering around 9% since april. if you go back a year, we were generating around 160,000 jobs per month. not enough, but at least enough to take the unemployment rate from ten down to nine. then job growth decelerated, so the unemployment rate stuck. that's not enough to drive the jobless rate down. we're stuck. we've got some policy solutions, they're on the table, but the table's across the room and we can't get there. >> if you were to look at the policy...
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Oct 7, 2011
10/11
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the labor department said payrolls grew by 103,000 and the unemployment rate is still stuck at 9.1%. it turns out this summer may not have been quite so bad for jobs are originally thought. the government now says 57,000 jobs were created in august. zero was reported previously. >> susie: as good as all that sounds. some experts say it's not enough to keep the u.s. out of recession. suzanne pratt reports. >> reporter: 103,000 new jobs in one month is an okay number. but, it falls way short for the millions of unemployed. sure several industries hired people in september, including retail, construction and health care.onecnee y omsed the problemths e ecomy needs to add more like a quarter million new jobs a month for many months, before the unemployment rate can fall sharply. economist bruce kasman says there's little to celebrate in the latest jobs data. >> the basic problem that we have a weak labor market. that we're generating some jobs but not enough. that there are risk here with labor income not growing that rapidly, that all remains in this report even though the number was som
the labor department said payrolls grew by 103,000 and the unemployment rate is still stuck at 9.1%. it turns out this summer may not have been quite so bad for jobs are originally thought. the government now says 57,000 jobs were created in august. zero was reported previously. >> susie: as good as all that sounds. some experts say it's not enough to keep the u.s. out of recession. suzanne pratt reports. >> reporter: 103,000 new jobs in one month is an okay number. but, it falls...
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Oct 7, 2011
10/11
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it left the unemployment rate unchanged at 9.1%. now, the president has been pulling out all the stops to sell his jobs bill. he's been traveling to schools, bridges, rural america, plans to take another bus tour in swing states like north carolina and virginia. then, of course, the white house news conference where the president argued that his jobs bill is an insurance policy against a double-dip recession. >> what i've tried to do is say here are the best ideas i've heard, not just from partisans, but from independent economists. these are the ideas most likely to create jobs now and strengthen the economy right now. >> the president has tried a number of ways to rally public support for the bill, but polls show he's still struggling to connect personally, and yesterday he lamented the limits of his own powers of persuasion. >> there may be some skepticism that i personally can't persuade republicans to take actions for the american people, but that's exactly why i need the american people to try to put some pressure on them. >> t
it left the unemployment rate unchanged at 9.1%. now, the president has been pulling out all the stops to sell his jobs bill. he's been traveling to schools, bridges, rural america, plans to take another bus tour in swing states like north carolina and virginia. then, of course, the white house news conference where the president argued that his jobs bill is an insurance policy against a double-dip recession. >> what i've tried to do is say here are the best ideas i've heard, not just...
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Oct 26, 2011
10/11
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obviously, we know the unemployment rate is 9.1%. e going to get better and acknowledge how bad things are currently if you're the president of the united states? it seems like a very tough line to walk. >> he's trying to walk the line. he's also saying, things were worse before and the other guys would make it worse. those arguments, voters tend not to really register -- >> george bush started it, and we could go back -- >> mitt romney would be worse. i'm not sure that's going to work. those are really hard arguments to make, very hard -- very challenging. >> how about the unemployment rate is now higher than congress's approval rating. >> cynthia, this is a tough thing, as to perry's point, to make this argument. what do you do, and we've already seen some democrats down-ballot distancing themselves from the president. is that the right approach if you're claire mccaskill in a tough race in missouri, for example, or jon tester in montana. can you distance yourself from the president as a democrat? >> i was about to say, it doesn't w
obviously, we know the unemployment rate is 9.1%. e going to get better and acknowledge how bad things are currently if you're the president of the united states? it seems like a very tough line to walk. >> he's trying to walk the line. he's also saying, things were worse before and the other guys would make it worse. those arguments, voters tend not to really register -- >> george bush started it, and we could go back -- >> mitt romney would be worse. i'm not sure that's...
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half the unemployment rate of the national average. t doing right or are they doing anything right at all? >> well, ali, as chrystia just said, it is a structural unemployment challenge we face. as the economy transitions from this older industrial economy to this newer more knowledge driven, also resource driven. what you see is that instructial transformation chrystia and ken talked about imprinted on america's geography. places that are way out on the coast that had economies in the sunbelt built up on the housing boom and credit bubble, las vegas, riverside, california, even places in arizona lyceumik ark, old manufacturing centers like detroit, tragically, 15%, in the city the mayor said it could be as high as 50%. you have this other thing going on where college towns next to detroit like ann arbor have low unemployment, medical centers, to this, bolder, colorado, down in florida, gainesville as well. the knowledge centers of the country, washington, d.c. performing very well. then what's really striking is the plains, bismarck, f
half the unemployment rate of the national average. t doing right or are they doing anything right at all? >> well, ali, as chrystia just said, it is a structural unemployment challenge we face. as the economy transitions from this older industrial economy to this newer more knowledge driven, also resource driven. what you see is that instructial transformation chrystia and ken talked about imprinted on america's geography. places that are way out on the coast that had economies in the...
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Oct 29, 2011
10/11
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it's unappealing to so many americans, when the unemployment rate in february of 2009, it's gone up in unemployment. it's not a convincing argument to a lot of americans? >> present siegs sizely the point. it is not convincing which is why he is going to demonize the republicans who ultimately they end up, now mitt romney. the campaign will be negative because the best case, stabilize the economy, a little economic growth in the third quarter but no reduction in unemployment. that is why we're going to see tough negative ads. >> greta: never expected miracles out of the president because the economy was what when he took over but he owns the trend. if the indicators, he owns it and gets credit for it. the problem is the indicate teors the extent, it's so sluggish. you don't have much time to turn this around to own a good trend between now and november? >> i think his advisors he is not going to own the trend. best indication for stabilization and that why you're going to see a campaign where run as an outsider, running against republicans and wall street. anybody his own record which
it's unappealing to so many americans, when the unemployment rate in february of 2009, it's gone up in unemployment. it's not a convincing argument to a lot of americans? >> present siegs sizely the point. it is not convincing which is why he is going to demonize the republicans who ultimately they end up, now mitt romney. the campaign will be negative because the best case, stabilize the economy, a little economic growth in the third quarter but no reduction in unemployment. that is why...
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Oct 7, 2011
10/11
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the unemployment rate is staying at 9.1%. this is now for the third straight month. we have live pictures into the kron4 news from, this is more from the occupy protest that are taking place across the nation. people are camped out. these are pictures out of washington d.c.. if this is a part of the occupy freedom plaza rally. these rallies have been going on across the nation including sacramento as well as see a francisco. >> sacramento police arrested more than one dozen occupy protesters. it happened early this morning, just before 1:00 a.m.. there is at video. you can see the protesters before things got out of hand. police gave several all warnings. one by one, they began arresting protesters. the protests are in support of the wall street demonstrations that are happening in new york city. the sacramento protests began yesterday with a rally that drew more than 500 people. in san francisco, there are more people camping out in front of the federal reserve building as a part of the occupy protest. if you can see the police presence here as we go live to jackie
the unemployment rate is staying at 9.1%. this is now for the third straight month. we have live pictures into the kron4 news from, this is more from the occupy protest that are taking place across the nation. people are camped out. these are pictures out of washington d.c.. if this is a part of the occupy freedom plaza rally. these rallies have been going on across the nation including sacramento as well as see a francisco. >> sacramento police arrested more than one dozen occupy...
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it shows that even though 103,000 jobs were created last month, the unemployment rate remains at over 9%. economists say that the problems behind the unemployment rate are slow growth in the economy and also crippled housing market. but, economists still find reason for encouragement. steve handelsman is on capitol hill with more on this. >> reporter: on the hill, the jobs figures are focusing more attention on the obama jobs bills. the experts say the numbers indicate we are not in for a return to recession. the prediction had been for 60,000 u.s. jobs in september. today's hiring number, 103,000 left economists relieved. >> it's good news, we'll take it. it's better than a month ago. >> reporter: fear of a double dip is decreasing. >> the numbers suggest the recession risks are abbating. >> reporter: 100,000 new jobs when the population is growing means the unemployment rate stayed at 9.1%. >> again, the president believes we cannot sit out and do nothing. >> reporter: the white house says 9.1 proves congress needs to pass the obama jobs bill. >> investments to put construction back
it shows that even though 103,000 jobs were created last month, the unemployment rate remains at over 9%. economists say that the problems behind the unemployment rate are slow growth in the economy and also crippled housing market. but, economists still find reason for encouragement. steve handelsman is on capitol hill with more on this. >> reporter: on the hill, the jobs figures are focusing more attention on the obama jobs bills. the experts say the numbers indicate we are not in for a...
SFGTV: San Francisco Government Television
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Oct 18, 2011
10/11
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unemployment rate hovering between 9% and 10% as we try to get around the economic woes. in many areas where there is the highest concentration of ex- offenders, felons, especially of around public housing, the unemployment rate is over 50%. nobody should be surprised that when we front loaded nearly half a billion dollars -- nearly $500 million, to continue to see them are wresting the same people, it is time that i think while we recognize this ongoing reality that we have another strategy that also intersects with the private sector, city government, and the criminal justice system. we have never done this in san francisco. what i would like to do is provide a tax incentive for private sectors that hire ex felons. people have had a hard time finding work and keeping work. once they recognize the fact that public safety is compounded by the reality that there are many people, there are a majority of black and brown people in the system returning from the neighborhoods where they came, they are likely to repeat their crimes because they are not getting the kind of service
unemployment rate hovering between 9% and 10% as we try to get around the economic woes. in many areas where there is the highest concentration of ex- offenders, felons, especially of around public housing, the unemployment rate is over 50%. nobody should be surprised that when we front loaded nearly half a billion dollars -- nearly $500 million, to continue to see them are wresting the same people, it is time that i think while we recognize this ongoing reality that we have another strategy...
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Oct 17, 2011
10/11
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if you look at youth unemployment also, in september, the teenage unemployment, age 16-19 is 25%. the unemployment rate for those 20-24 is 15% in september. when you get above age 25, you begin to see a sharp divide with regard to education, those without a college degree face an unemployment rate of almost 10% per it with a college degree, the unemployment rate is about 4.2%. this is growing evidence that there is very likely a skills mismatch that has arisen because of the recession. it means that businesses are not really able to find the workers that they need with the skills they need. one illustration of that is that there is a tight historical relationship between job openings and the unemployment rate what we are seeing now is job openings are about 35% higher at a 9% unemployment rate than a 9% unemployment rate would have implied based on past historical relationships. that is telling us that something structurally has changed in the labor force that will require something other than just a strong economy, efforts to stimulate the economy from either physical or monetary policies. host: we ha
if you look at youth unemployment also, in september, the teenage unemployment, age 16-19 is 25%. the unemployment rate for those 20-24 is 15% in september. when you get above age 25, you begin to see a sharp divide with regard to education, those without a college degree face an unemployment rate of almost 10% per it with a college degree, the unemployment rate is about 4.2%. this is growing evidence that there is very likely a skills mismatch that has arisen because of the recession. it means...
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Oct 7, 2011
10/11
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unemployment and i'm waiting on it. reporter: croft is one of the millions still out of work. new figures out today show the unemployment rate remained at 9.1% in september even though employers added 103,000 jobs, that's better than most analysts expected. but jason and others who joined the ranks at the occupy wall street protests don't feel the small month-to-month differences. unemployment has been stuck near or above 9% for more than two years. >> by seeing the way the market goes and i've seen the way between the crashes and the debt crisis and all that. i wasn't really surprised at all. reporter: the frustration felt on wall street is spreading and now protests like this one are popping up all across the country. from sacramento to tampa, from texas to ohio, tens of thousands of americans are demonstrating against economic inequality. the white house says today's new unemployment numbers are unacceptable and underscore the need for president obama's $447 billion jobs bill. >> i expected to get a job right away, actually. that's what they told us in college. as soon as you graduate you get an internship and i had one,
unemployment and i'm waiting on it. reporter: croft is one of the millions still out of work. new figures out today show the unemployment rate remained at 9.1% in september even though employers added 103,000 jobs, that's better than most analysts expected. but jason and others who joined the ranks at the occupy wall street protests don't feel the small month-to-month differences. unemployment has been stuck near or above 9% for more than two years. >> by seeing the way the market goes...
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Oct 9, 2011
10/11
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WUSA
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the unemployment rate for september, 9.1%, unchanged from august. in fact, in 27 of the last 29 months, over two years, the unemployment rate has been 9% or higher. question, when will the occupy wall street movement reach critical mass? >> john, i'll be honest, i'm unimpressed with the occupy wall street movement, when we're in the white house we had 300,000 people one month. this is -- >> this is brand-new, though. >> and 531,000 the other month themes are small, getting a lot of publicity. secondly, unlike the anti-war movement which was directed and purposeful in an objective, these people are all over the lot. one said, i want to know what we'll do about student loans. i wondered, is his problem is he didn't get one or doesn't want to pay it back? to the third thing is -- >> or can't pay it back. >> like the battle of seattle, you had a good movement there with jim and ralph mader and pat buchanan and pro-'s people. this movement is radical in the spence ours was destroyed by the an ashist. and they blocked brooklyn bridge which means middle ame
the unemployment rate for september, 9.1%, unchanged from august. in fact, in 27 of the last 29 months, over two years, the unemployment rate has been 9% or higher. question, when will the occupy wall street movement reach critical mass? >> john, i'll be honest, i'm unimpressed with the occupy wall street movement, when we're in the white house we had 300,000 people one month. this is -- >> this is brand-new, though. >> and 531,000 the other month themes are small, getting a...
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Oct 16, 2011
10/11
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CNNW
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that mood is we have the highest unemployment rate in the country in our state and the highest unemployment rate in the country among metro areas right here in the las vegas area. that's not something that me or you, don, and people think about taking vacation to las vegas think about, but it is a reality for them. they have been so dependent on the tourism industry, people coming to spend their dollars when people don't have money in the country to take a vacation you can't afford a flight and hotel but ub you certainly can't afford a flight, hotel and come to a casino and blow crash. that's what they have been suffering from. kruk has been huge during the boom in las vegas. so when things die off, construction goes down and jobs are lost and in the area the highest foreclosure rates in the past four years have been right here in las vegas. so, don, you talk about the bad drop in the setting and this gambling mecca, but there's no better place for us to have this debate given the economic situation right here. >> especially when it comes to unemployment. i would imagine that is going to be
that mood is we have the highest unemployment rate in the country in our state and the highest unemployment rate in the country among metro areas right here in the las vegas area. that's not something that me or you, don, and people think about taking vacation to las vegas think about, but it is a reality for them. they have been so dependent on the tourism industry, people coming to spend their dollars when people don't have money in the country to take a vacation you can't afford a flight and...
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Oct 16, 2011
10/11
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>> the unemployment rate has been over 9% for a very, very long period of time. europe had been used to this sort of standard operating procedure. it's not in the u.s. i can understand why there is a great deal of frustration. i don't see exactly where the frustration is focused, but i can understand why there is a lot of frustration out there. >> randy, good having you on the program. >> good to be here. >>> up next on the "wall street journal report," can japan concede with american consumers? >>> one of the best known shopping addresses. >>> how to get organized and how to talk about it. as we take a break, have a look at the stock market end of the week. this is not how witness protection works! when we set you up with that little hardware store we didn't intend for your face to be everywhere. but fedex office makes it so easy. not only do they ship stuff, they print flyers, brochures -- everything i need to get my name out there. that's the problem. now we need to give you a third identity. you're paul matheson. and you're gonna run your business into the gro
>> the unemployment rate has been over 9% for a very, very long period of time. europe had been used to this sort of standard operating procedure. it's not in the u.s. i can understand why there is a great deal of frustration. i don't see exactly where the frustration is focused, but i can understand why there is a lot of frustration out there. >> randy, good having you on the program. >> good to be here. >>> up next on the "wall street journal report," can...
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Oct 22, 2011
10/11
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and now, of course, i assume you're concerned about the unemployment rate in pennsylvania. tell us how these two issues come together. cheering the troops as they come home, but also offering them an opportunity here in this country. >> you know, it's interesting, chris, i got a comment today from a young woman, lakeisha watson moore on my facebook page, and she said, why don't we take that money we invest in iraq and invest it here in job training programs for these heroes coming home. for these heroes i served with in iraq and who are now coming home finally, we need to make sure, they served our country, they fought for us over there, they shouldn't have to come home and fight for a job here at home. we need to do all we can. i will tell you that mrs. obama, the first lady, has done a tremendous job, and dr. jill biden, the second lady, they have teamed on this effort to make sure that these heroes -- because the unemployment rate for veterans coming home is even higher than the general population. we have to take care of these heroes. we have to give them opportunities,
and now, of course, i assume you're concerned about the unemployment rate in pennsylvania. tell us how these two issues come together. cheering the troops as they come home, but also offering them an opportunity here in this country. >> you know, it's interesting, chris, i got a comment today from a young woman, lakeisha watson moore on my facebook page, and she said, why don't we take that money we invest in iraq and invest it here in job training programs for these heroes coming home....
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Oct 8, 2011
10/11
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the national unemployment rate stays unchanged at 9.1%. the department of labour shows a modest 103,000 jobs were added last month. 45,000 of those jobs were due to the rehiring of striking rise in workers. the white house says this underscores the need to pass the president's jobs bill. the republican leaders vowed to defeat any more stimulus programs. >> has any of it worked? know. it is high time we trust the american people to deliver the economy from the shackles of government. >> investments, putting first responders back to work and tax cuts for every american who gets the patent. >> also released as a free at that displays real-time updates to the unemployment rate -- unemployment rate and other labor statistics. public frustration over the lack of jobs is feeling protest across the nation. occupy baltimore continued its protests. >> money for jobs and education. >> the public display of anger and is building. their message -- we are tired of the status quo. we want action. we want government to pave the way or get out of the way. b
the national unemployment rate stays unchanged at 9.1%. the department of labour shows a modest 103,000 jobs were added last month. 45,000 of those jobs were due to the rehiring of striking rise in workers. the white house says this underscores the need to pass the president's jobs bill. the republican leaders vowed to defeat any more stimulus programs. >> has any of it worked? know. it is high time we trust the american people to deliver the economy from the shackles of government....
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Oct 7, 2011
10/11
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the bad news, unemployment rate still stuck, so break the report down for us and explain why we're not seeing the movement. >> sure, that 9.1%, we've been stuck in that range since april, so we've achieved a kind of shaky stability, but at much too high a level of underutilization. we have 14 million unemployed people. look, if you go back to the end of 2010 to about april this year, we were adding about 166,000 jobs per month on average. it was enough to take about a point on the unemployment rate, it was 10%, now it's 9%. we've been adding 70,000 jobs a month on average. it's enough to stay stuck where you are, i call it a shaky stability, because there's all these threatening head winds out there, there's europe, there's the political dysfunction that you've been talking about. if we can't get some of these plans on the table to give this job market a boost, there's no obvious reason the unemployment rate would come down any time soon. >> i want to play a piece that one of your former bosses said in an interview that's raising a lot of eyebrows, take a listen. >> the american people
the bad news, unemployment rate still stuck, so break the report down for us and explain why we're not seeing the movement. >> sure, that 9.1%, we've been stuck in that range since april, so we've achieved a kind of shaky stability, but at much too high a level of underutilization. we have 14 million unemployed people. look, if you go back to the end of 2010 to about april this year, we were adding about 166,000 jobs per month on average. it was enough to take about a point on the...
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Oct 16, 2011
10/11
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cnbc or somewhere, what the heck's going on, because it seems to me that obama can't move the unemployment ratethrough congress the next year. it seems what's going to drive the unemployment rate are these international realities with the european mess, greece. what would you worry about in the next year? if you were obama and gene sperling, his economic adviser sitting in the white house right now, what would scare the heck out of you between now and next november? >> well, you're right. he's not going to get anything through congress. so he's going to be dealing with a high unemployment rate no matter what happens. but the thing i would be scared of right now is another banking crisis, and it's triggered by a greece default, or even an italian default. i mean, that the banks own large amounts of sovereign debt, and the minute one of these places goes down, and especially if it goes down messily. if greece announces tomorrow that, you know, you're going to get 30 cents on the dollar back if, on greek government bonds. french banks, german banks come under attack. and they're interconnected wit
cnbc or somewhere, what the heck's going on, because it seems to me that obama can't move the unemployment ratethrough congress the next year. it seems what's going to drive the unemployment rate are these international realities with the european mess, greece. what would you worry about in the next year? if you were obama and gene sperling, his economic adviser sitting in the white house right now, what would scare the heck out of you between now and next november? >> well, you're right....
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Oct 15, 2011
10/11
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CNNW
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jobs and justice, calling on congress and the federal government to do something about the neigh's high unemployment rate. it's taking place right now, said to get started. of course, alina, they're talking a lot about the unemployment right there. >> of course they are. and, t.j., you know i'm just back from a trip to paris. it was a really exciting two weeks for me. one person i talked to is a shoemaker to the stars, the man behind those eye tonic red soled shoes. we're talking about, t.j., a manual like very well. but for now, i'm going to send it back to you. >> all right. alina, thank you so much. well, we told you, we do have the republican debate coming up, cnn hosting from the venetian here next tuesday. one of the republican presidential candidates has dropped out, says he will not be showing up to our debate. how dare he. he says he has good reason for it. we're talking about jon huntsman is boycotting the debate. this happened after the nevada republicans moved up their primary date. now, they have their reasons for that, as well. they're doing it on the 14th. that remains problematic for new
jobs and justice, calling on congress and the federal government to do something about the neigh's high unemployment rate. it's taking place right now, said to get started. of course, alina, they're talking a lot about the unemployment right there. >> of course they are. and, t.j., you know i'm just back from a trip to paris. it was a really exciting two weeks for me. one person i talked to is a shoemaker to the stars, the man behind those eye tonic red soled shoes. we're talking about,...
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Oct 1, 2011
10/11
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the unemployment problem in the u.s. is also skills problem. we see this in a unemployment rate for the different groups of americans. we see a 9.6% unemployment rate for individuals with only a high-school diploma. in contrast, unemployment for individuals with a college degree or more is only 4.3%. this education-based difference in the unemployment rate is mirrored in the i.t. environment. the unemployment rate for computer and mathematical operations hovered around 3.7%. it was under half the overall unployment rate. what is clear is that our country is operating with a dual the unemployment rate, one for those with strong post secondary education and another starkly different one for those without it. to promote the country's long- term competitiveness and from -- and create -- the u.s. must produce more university graduates in these fields. our first priority should be t elevate d enhance the skills of american citizens so they can compete for the higher skilled jobs in this economy. we need to bring more ericans up to a secondary level. that makes such a major difference in employability. we also must make sure
the unemployment problem in the u.s. is also skills problem. we see this in a unemployment rate for the different groups of americans. we see a 9.6% unemployment rate for individuals with only a high-school diploma. in contrast, unemployment for individuals with a college degree or more is only 4.3%. this education-based difference in the unemployment rate is mirrored in the i.t. environment. the unemployment rate for computer and mathematical operations hovered around 3.7%. it was under half...
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Oct 1, 2011
10/11
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the jobless rate dropped from 18.2% to 15.6% fuelled by a surging economy and help the experts. not all countries have seen a recovery. unemployment remains unchanged and the jobless rate rose in 10 e states. unemployment climbed from 12.1% to 16.7% and this is blamed on austerity measures. that has cut jobs in the private and public sectors. >> we picked it up in germany. when communist east germany collapsed more than two decades ago, germans on both sides of the wall were shocked and dismayed to learn just how deep the tentacles of the secret police reached into every level of society. one in five people worked for them. some of those former spies have in facbeen employed -- have in fact been employed at the archives. >> a few weeks after the fall of the berlin wall, east germans stormed the headquarters hoping to find out who had spied on them and what they recorded. even after 20 years, that information has not lost its relevance. at the archive offices, the work of uncovering the past continues. >> there are still cases where someone is revealed to have been an informant and the number of applications for access is on the ri
the jobless rate dropped from 18.2% to 15.6% fuelled by a surging economy and help the experts. not all countries have seen a recovery. unemployment remains unchanged and the jobless rate rose in 10 e states. unemployment climbed from 12.1% to 16.7% and this is blamed on austerity measures. that has cut jobs in the private and public sectors. >> we picked it up in germany. when communist east germany collapsed more than two decades ago, germans on both sides of the wall were shocked and...
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Oct 22, 2011
10/11
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CSPAN2
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today, the unemployment rate is over 9%. for latinos, 12 percent. for african-americans, 16%. for african-americans in cities like detroit and many cities like detroit, the unemployment rate is over 25%. this is the depressioner ray status -- era statistics, ladies and gentlemen, but where some see decay, herman sees opportunity. where some see economic decline, herman sees fertile soil for economic development and growth. [applause] herman's opportunities owns plan will target these communities and create an environment where production can drive economic revival and promote economic opportunity. herman cain is well practiced at creating success where others see failure. he's turned around failing enterprises for four decades as a main street business man, and what he's done for the burger king corporation, the national restaurant association, he knows he can do for america. [cheers and applause] it is because herman comes from humble beginnings that he knows in every corner of our nation and every depressed urban center or rural center, there's untapped human capital that jus
today, the unemployment rate is over 9%. for latinos, 12 percent. for african-americans, 16%. for african-americans in cities like detroit and many cities like detroit, the unemployment rate is over 25%. this is the depressioner ray status -- era statistics, ladies and gentlemen, but where some see decay, herman sees opportunity. where some see economic decline, herman sees fertile soil for economic development and growth. [applause] herman's opportunities owns plan will target these...
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Oct 25, 2011
10/11
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MSNBCW
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the state of nevada has the country's worst home foreclosure rate and the highest unemployment rate at 13.4% in a three-hour visit to las vegas, the president rolled out his new plan to help american homeowners. >> we can't wait for an increasingly dysfunctional congress to do its job. where they won't act, i will. i'm pleased to announce that the agency that is in charge is going to be taking a series of steps to help responsible homeowners refinance and take advantage of low mortgage rates. >> so what are those steps? the proposals apply only to loans backed by freddie mac and fannie mae. it removes the loan limit for borrowers who owe more than 125% of the value of their home. it eliminates certain fees and waves appraisal requirements. white house officials estimate the initiative could help up to 1 million homeowners, but the president acknowledged fixing the economy will take more than that single plan and urged congress again to help him pass his jobs bill. >> given the magnitude of the housing bubble and the huge inventory of unsold homes in places like nevada, it's going to ta
the state of nevada has the country's worst home foreclosure rate and the highest unemployment rate at 13.4% in a three-hour visit to las vegas, the president rolled out his new plan to help american homeowners. >> we can't wait for an increasingly dysfunctional congress to do its job. where they won't act, i will. i'm pleased to announce that the agency that is in charge is going to be taking a series of steps to help responsible homeowners refinance and take advantage of low mortgage...
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Oct 17, 2011
10/11
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KPIX
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in september, the unemployment rate for young vets ages 20 to 24 was 35%, nearly four times the national >> the fight for a job was harder than anything i did overseas. >> mitchell: matt tindell, an iraq war veteran, was unemployed for nearly two years. >> we have the stigma of emotional issues and possible mental problems. i don't really know where that is coming from, but there is a sense of bias. >> mitchell: he eventually found a job insulating low-income homes, also through veteran's green jobs. >> yeah, it's hard work. but i mean at least we're doing something that's worth it, you know. we're helping out the community. we're helping out the whole country. >> mitchell: the goal is to give vets marketable job skills, from home insulation to backwoods conservation. after training for a year, army vet mike bremer landed a permanent position with the u.s. forest service. >> you lose your identity and when you leave the service, and it's hard to find another career that replaces some of that excitement and action. >> mitchell: bremer says conservation work has given him both a job and a
in september, the unemployment rate for young vets ages 20 to 24 was 35%, nearly four times the national >> the fight for a job was harder than anything i did overseas. >> mitchell: matt tindell, an iraq war veteran, was unemployed for nearly two years. >> we have the stigma of emotional issues and possible mental problems. i don't really know where that is coming from, but there is a sense of bias. >> mitchell: he eventually found a job insulating low-income homes, also...