the underemployed sector, that's the one i look at. i don't look at 6.3%.k at people who are part time and would rather be full time or just discouraged dropping out of the labor force. that unemployment rate is 12.2%, which is quite high. it has come down but it's still quite high. >> i want to go back to as our final part of the discussion, we were talking about why some of the employers still so reluctant to hire. you gave a laundry list of what's in front of them. so is that kind of a bad news for the short-term future? >> the problem is that the recovery has been so long. yes, we have basically made back the jobs that were lost during the recession but it's taken six years. that is double the amount of time it took to get the jobs back after the internet bubble burst. so the economy is barely growing. in fact, it contracted last quarter. so employers are not getting the demand. when they don't get the demand, they can't hire. >> brenda butner, you always have all the answers and good perspective. >> i try. thanks so much. >> getting down to business wi

in other words they are underemployed. duarte jeraldino takes us to one of those places. >> midtown manhattan, 6:00 p.m. instead of going to a club, a group of 81 people are slipping into a job club. she's just getting by working as a clerk. >> i feel like i've kind of wasted my years in school. >> she's one of a growing number of mill ennails joining job clubs. members fill een others in -- filling fill each other in on jobs. recent college graduates it's led by volunteer career counselor karen palevski. >> it doesn't matter what you do, and what level you are. >> each meeting has a unique focus. likes intrufning skills or -- interviewing skills or application strategy. networking gaining access to the hidden job market. >> all those unpublished positions that are filled before they go out to the public. >> members are encouraged to share contacts. because what doesn't work for one could be the other's golden ticket. according to the department of labor, there are many more of these job clubs. >> these job clubs have expl

neighbors who run the units and most of them have -- so that means a lot of people have become the underemployedone. >> is keeping most pedestrians off the street, and the government is trying to be more frugal with energy supplies. it's proposed cutting power to malls at 10:00 p.m., and ask government offices to turn off their air conditioners. with no reprieve forecast, electricity shortages are expected to cost the indian economy many millions of dollars observers also warn this extreme weather is a worrying remind tear the ailing party can't keep up with rapidly rising demand. when all else fails it is the ice spender that businesses and households turn to, but even he is struggling. >> i have been doing this for 26 years, my business is doing well. but the supply of ice is very low. i work for 12 hours and ice is ail vailble for only four hours. the government has given itself four days to fix the power problems and a cool change driven by the authorities or mother nature with the arrival of the monsoon season this month, couldn't come fast enough. am al jazeera, new dell li. >> let's get t

but unfortunately, not enough with tens of millions of unand underemployed americans back to work.or "nightly business report," i'm steve liesman. >> so 210,000 is the average consensus. do you think it's going to come above or below? >> steve said earlier today he wouldn't be shocked if it was about 150,000. that's very low. >> we need more jobs. that's "nightly business report" for us. we want to remind you that this is the time ofz7 year your publ television station seeks your report to make programs like "nightly business report" possible. >> i'm tyler mathisen, on behalf of your public television station,ñq)w thank you for you support, and we'll hope to see you back here tomorrow. steves: london is growing, and its underground is growing with it. historically, most london attractions have been contained within its downtown circle line, but there's a new tube network emerging, and it's clear -- london is shifting east. each morning, a thunderous high-tech workforce surges into a district called the docklands. once a gritty industrial harbor, then a neglected no-man's-land, tod

. >> well, you know, you've asked the right question, but when you have young people underemployed, unemployed, angry, with the feeling of disinheritance and when you have a culture that winks at these kinds of things, when you have the rule of the unreason, if you will, i think these things are perfectly predictable. that is where the muslim world finds itself today. >> and even on herman cain. >> the idea that someone is running for president and is so unprepared. >> he always had a sharp, sharp wit as well. i was fortunate enough to have studied with the professor at the johns hopkins university school of advanced international studies. i learned a great deal about the middle east from him. i will always be proud of that, just as i was always proud to say the words when he joined us that i always would say, so glad, professor, you are in the situation room today. a native of lebanon who came to the united states as a young man, he was only 68 years old. our deepest condolences to his wife and family. remember, you can always follow us on twitter. tweet me @wolfblitzer. tweet the show @cnnsi

i if we have if you include the underemployed, the unemployed, and those who have given up and simply stopped working, we have 14 million unemployed or underemployed and we have the lowest labor participation rates since. the 1970s. that's the fiscal and economic picture. then you look at the cultural picture, and we have one out of every two majors in america ending in divorce. we have a majority of all the children being raised in america today are being raised by one of their two parents not present in the household. 40% of all the children born in america this year will be born out of wedlock. that figure is 72% in the african-american community, it is 53% in the latino community. folks, there is no way to sustain vibrant communities with that many children being born and raised out of wedlock. without the benefit of the tough love and the nurture of both parents. according to the centers for disease control, one out of every four 18 to 24-year-olds in america today is a regular -- that is to say a weekly or more frequently regular user of marijuana or other illegal drugs. one out

hoping that work experience will lead them to the next job. 22-year-old with college degrees were underemployed. they were taking jobs where they did not need that college degree. talked about the u.s. unemployment rate, the numbers for may. what do the employment numbers look like for college grads? >> they are doing better than their peers did a few years ago. they are not the type of jobs they're looking for. there are lots of signs of underemployment. >> what type of jobs are they getting? job doing what a hopinge looking for, but it will be consulting, , maybetrative assistant that yogurt shop you worked at in college. graduatesw that many are traveling nontraditional paths to get there field. about a four-year secondary education and then you are saddled with debt that you cannot pay back on time because your income does not match your degree. >> they are taking whatever job they can take. if you have a federal loan you can sign up for one of the payment programs where they will work with you to figure out what your loan payment could be based on your discretionary income and it may be ve

it's a great program for those who are not finding the right type of job out of college who are underemployed or who have no employment at all very little flip side is they still of the debt and now they're going to be thing longer which means are going to pay more in interest oh yes and i was going to just say that actually it's not the best program if you can pay the ten years standard repayment program go for it that's the best thing you can do right now while we are working on college affordability but defaults as you mentioned in your intro seven million people in default it's almost a quarter of all of those with student loan debt. this program is the best thing without going into default if you make zero if you're not working you pay zero and you don't go into a default program so it's a band-aid measure and people have said that but i say band-aid stop the bleeding and we need something well and default it seems would also help the banks toure's i mean you know they don't they don't have bad they are on they want us to fall yeah i mean that's why we have bad service service with horri

long term unemployed, that is still a problem in the market. 12.2% are underemployed.hey would like to be working full-time. they would like to be working not temporary. they would like to be working not temporary jobs. look, last year and the year before, you are still competing against each other in the job market. we're not there yet. it will be a few more years to go before we get full employment. >> thank you. and just ahead, hillary clinton admits her biggest mistake. >> at one point, will they know he's ready at what point, i should say. (mother vo) when i was pregnant... i got more advice than i knew what to do with. what i needed was information i could trust on how to take care of me and my baby. luckily, unitedhealthcare has a simple program that helps moms stay on track with their doctors and get the right care and guidance-before and after the baby is born. simple is good right now. (anncr vo) innovations that work for you. that's health in numbers. unitedhealthcare. ♪ >> obama and putin talked about ten to 15 minutes at a lunch marking the anniversary of

on the other hand, marxist reserve army of the unemployed, underemployed, and formerly employed has doubled in size during that time. absorption ofhis wage exportation has radically we leveraged the relative positions of capital and labor in favor of the capitalist class. and power atwealth the core of the economy constitutes a new and powerful source of downward pressure on u.s. in global economy. this turn of events and reconstitution of capitalism could not have happened without a major assist from the government and political class. a crucial importance was the election of ronald reagan in 1980 and the ascendancy of the right wing that followed. to be fair, the democrats, especially the clinton administration, were not by standards. -- bystanders. they had the chance to change the economy to the dentist of the 1%. the question before the house is how do we get out of this mess? here are my two cents. is nothing less than the restructuring of the economy and the consistently and deeply anticorporate and eventually socialist direction. first -- [applause] first, the conversion of a on and

rapidly adds we would like. 44% of those who have attended for your school in 20 and 2014 are either underemployed or unemployed. there is a ton of college debt. we are hoping that we see an uptick in job numbers for college jobs. >> is this different from the past? you get out of college and you end up in a job you don't think you want for the rest of your life because you take it because you want to experience. is there a disparity to the data we are getting currently and a decade ago? ini think what has happened the last decade is that there are lots of tools like collegefeed, like other sites that we know that might be making it easier for college grads and alums to get jobs. if you think of the two basic reasons why underemployment or unemployment is so high, that has not changed. the first reason being the lack of skills that might be needed in the labor market and the second is the process by which college students get hired. that has not changed since the g.i. bill was passed. the idea of the choices i have as a student of where i can be hired and limited to companies that might, on campus

we have got to focus on the number of unemployed and underemployed. >> it's true. guess my pick would be seven for one. closed at something like $635. it could be some activity. >> thank you. >> judy miller, veronica, good to see you as well. that will do it for sunday morning futures. i will be back tomorrow morning, i hope you will join me on opening bell. we are giving you the channel guide to find us monday through friday 9 to 11 a.m. find it on fox business.com. media buzz is coming up next. have a wonderful week ahead and i will see you next sunday on "sunday morning futures." 60,000 children will cross our border illegally without their parents this year. secretary jeh johnson of homeland security claim thad number will actually double next year. the obama administration now estimates the cost of feeding, housi housing, and transporting at nooert $2 billion to u.s. taxpayers. johnson testified before the house judiciary committee today and he was either unable or unwilling torovide

we want to focus on the number of unemployed and underemployed.those figures as well. >> my pick would be, i'm going to go outside the box here. apple stock is splitting. 7 for 1. closed at something like $635. 7 for 1, that will take it under $100. that probably will encourage retail investors to buy the stock. could be activity next week ahead. it splits next friday. of course, the ecb meeting, the jobs number and the president's trip all very important for the week ahead. thank you very much. judy miller, travis brown, veronica, good to see you as well. we appreciate you spending the time with us. that will do it for "sunday morning futures." i'm maria bartiromo. i'll be back tomorrow. hope you'll see me for "opening bell." we're on 9:00 to 11:00 monday through friday. media buzz with howard kurtz is coming up next. have a wonderful week ahead, everybody. i'll see you next sunday on "sunday morning futures." >>> on the buzz meter this sunday, the media kept urging, insi insisting, demanding a scalp in the v.a. scandal. now they've got one. eric

and a third of all college graduates remain underemployed most of their careers. >> and roughly an hour away. law makers from both pears and chambers are sitting down together and agree on one simple bill what most agree is a broken health care system. they have passed separate bills to make it easy to practice health care in hospitals and bombshell new allegations and a new whistle blower coming forward and keeper of the so- called secret list and accusing others in facility of recently trying to hide the deaths of veterans waiting for care. and joining me is many who had the scandal. >> and they are an investigative reporter. dennis great to have you on the program. and can you take up where you left off. what is the latest allegations that our viewer ares need to know about. >> she was a scheduling employee in the va hospital and va medical center in phoenix. and she said two key things. she was instructed to take veter veteran appointment test. and we are going to meet the goals and take the pages and stuff in her drawer and leave them in there until we can make it go. she had a thi

it costs a lot per student and only handles a small portion of jobless,ries unemployed, or underemployedhelps a relatively small number of people, and it doesn't even help all of them. a lot of them drop out in the middle, or they don't like it, or they graduate and get training and cannot get a job. who are the people entering the job score program? generallys 16 to 24, those from poorer backgrounds. there is an income state of they have to meet. a lot of them, maybe half of them are high school dropouts. they have completed an eight or ninth grade level. and they do not have a lot of training in any particular skill. they don't have to be unemployed, but just underemployed in things like fast food were there is no skill required. host: where are these training centers? guest: all over the country. there is one importer rico. i went to one in oklahoma. a real mix. the programs start with the idea that some of them could be like the depression era work camps. they would be out in the middle of the country and you could some of them are in the middle of nowhere. welcome those who joined u

. >> reporter: it seems odd at a time when he gones of college graduates are out of work or underemployednesses claim there aren't enough skilled graduates to choose from. because if you ask some economists what is going on, they draw a very different picture. this economist analyzed government data for evidence of a skill shortage. her conclusion, it's not the skills of young people that are lacking, it's jobs. >> it's not because there is something wrong with them as a generation, it's because they had the misfortune to be born at a time that dumped them in to a bad job market. what we would see if elevated unemployment was being skilled is some size facing tough labor markets right now. and you don't see that. >> reporter: a skill shortage would also cause businesses to ramp up the number of work hours for their work force. another indicator, waijs, a shortage of skilled workers would bid up salaries. here again, the data indicates there is no shortage. so why the mismatch between the data and perception? >> it is actually an easier idea to take that workers don't have skills for the j

. >> a lot of these kids are having trouble getting jobs much the ones that get jobs are underemployed. >> they are making less money. >> what do you say to people who say in the long run it's not a bad thing, going home may be a good launching point to get the act together and careers going? >> studies show that there are young people who are using this to their advantage, not that they are taking control of the situation of using the parents and funny, but more than anything else saving money, getting involved in business ventures, and being able to invest a lot of that money into the venture instead of into rent or into housing. so this is a positive thing, and this is becoming our new normal. the rule of the game is if you want to move in with a parent, that's fine, but contribute to the parent, to the cost, save money and show the parent that it's a short-term plan. this is to get you on your feet. you are concerned about psychological dependence, that they may not do what you said. >> i'm afraid it's too convenience. now you don't have the executiveduation and independence and in

tired of unpaid internships and dead end part time work, some underemployed millennials are heading a broad to ho chi minh city. >> when i told people i was moving to vietnam, reactions were mixed. some were very excited for me, other people didn't understand why i would want to come here. >> after all, a previous generation of young americans who came here found it to be a very different place. >> when my parents realized that i was going to live here in vietnam, their first reaction was why? why would you want to go back somewhere where we worked so hard to leave? >> ask any american at one of the many expat bars in ho chi minh city. that earlier generation called it saigon and their answers are simple, more jobs, cheap living and a once in a lifetime adventure overseas. >> i think we're part of a new wave that's going to be coming over here. every day, we see new people coming. i think that the more american businesses come over here, the more vietnamese businesses that just pop up to support those. >> take the advertising business, which didn't exist here 10 years ago. now most of

in the job where you are underemployed there is a penalty, 2% your wages leader over time so argumenthe idea. my thought is -- be careful of the job of your dream, though four, get out and do something, get work experience, learn to be an employee, they are saying no. overtime that gets you on the wrong track and diminishes your earnings. >> i was talking about a bartender i knew growing up and he made so much money tending bar that when the police close down everyone was out of college, he was still tending bar and had nothing to show for himself. you get caught up in -- >> take any job or we for the right job? >> i say take a job but remember finding a job is a full-time job. now you have two jobs, you have a job may be part time we chrising, bartending and you need to be out there aggressively. trying to find yourself. >> keep looking forward. melissa: another hair raising trend that has gone too far. 20 something men have gone funeral sprouting flowing beards that would make grizzly adams and z z top jealous. it is all bad news for razormakers but these facial atrocities are liken

think that we are going to go down to employment services and try to connect some people who are underemployed with either a second job or full time employment. >> great. here goes nothing. my first task is helping out at reception. >> today, you are going to work with latesha. >> is that my boss? >> yes, that is your boss. >> hi, i'm your boss today. >> she is not going to be too hard on you. >> hi, i'm morgan. >> welcome to tca. >> my job is to help la ke'kesh to bring in clients and help them. don't let the tiny waiting room fool you. last year alone, 62,000 people came through tca at some point, and 40% of those were first-time clients. >> good morning. >> what can we help you with? >> i need to apply for food stamps. >> okay. are you working now, sir? >> i am not. >> okay. >> but my wife works, and that is the income that i will have to go by. >> great. i'm morgan. >> john. >> john, nice to meet you. >> nice to meet you. >> so you need to take a seat, and this is the application form. >> okay. >> john has come to tc asha to up for the supplemental assistance program also known as snap or

. >> they feel underemployed, they don't have a job they dropped out of the work force, that's how it'sed. >> and on top of that, obamacare. >> all right. hillary clinton accused of playing politics when it comes to the terror attack in benghazi, libya that killed four americans. her new book is not out yet but some portions have been released already. she writes, i will not be part of a political slug fest on the backs of dead americans. those who insist on politicizing the tragedy will have to do so without me, end quote. but r.n.c. chairman says she's already doing that. >> hillary has been playing politics with this issue from the very beginning and now she's launching a political defense. how did this chapter get leaked to the newspaper? got leaked because obviously their people are trying to preempt or stop any more criticism that she's pen receiving on been dpozy. >> did it get leaked, pete? >> if they want it out there, they're going to push it out there. they want to tell their story first, out there saying -- if she's smart, they'll go to fox news and talk about it. in actuali

gerri: anthem, do you, is it a case of people not wanting to save or people are underemployed or unemployedep into the recovery. what's it going to take to get people focused on the financial bottom line? >> across the board, i think first it takes real education, and that's why i'm big on trying to educate people. what is the crux of the issue? the crux of the issue is legal tender laws that require us to use a currency continuously depreciatinging. the fact is if you are poor, you don't have a lot of savings. cost of everything is going up. wages around going up, that's the crux of the problem. we need to give people a choice in currency. government doesn't do anything well and shouldn't give them the 100-year-old monopoly we granted them. gerri: alan, we talked earlier in the day that folks should change jobs to get a pay raise. if you stay at the same employer, you're not going to get big bonuses, big money over time. the folks experiencing 3% wage increases and inflation is taking away the vast majority of that. alan what do you say about the tendency of americans to stop saving for th

fears about the economy, still seeing their neighbors without a job for a long time, people are underemployedthey're afraid to spend. we'll see savings rates continue to go up until we feel more secure. i don't know what it will make to feel more secure. melissa: doug you say we have to be above 3% rest of the year in order to even out to something. what do you think will happen rest of the year. >> what this economy has gone on rest of the year. >> 2%, that there is no evidence they will change their behavior. they don't have the income or sentiment to do it. businesses are the wildcard. if they somehow get an animal spirits go with big cap-ex expansion we could get a good year but i don't see that, charlie. >> i agree with you. if you're talking about 2% growth. >> i am. >> and you're talking about inflation in certain sectors where the fed has to raise rates, we're headed for recession. hillary clinton runs for office. if she runs in 2015, 2016, she is very possible, that she runs in the middle of an economic downturn. melissa: always make the point, charlie, only one getting rich in the e

those who are chronically unemployed, underemployed, though are the victims of partisanship. those who barely subsift on food stamps to victims of partisanship, of the snap decisions that cut their funding to the bone. those who have their reproductive rights challenged, clear before our eyes. those whose voting rights are vulnerable to rebuff in a clueless supreme court the victims of partisanship. those who don't enjoy benefits of marriage equality are the victims of partisanship. those who still can't get adequate health care are the victims of partisanship. those whose loved ones, especially children, cut down by guns because we still can't generate a sane gun control policy, they are the victims of partisanship. and those stuck in warehouses and perilous borders because our failed immigration policies are not working are the victims of partisanship. and the truth is, so-called partisanship is in fact a one-sided love affair with privilege and prosperity for the few, while masses are made poor somewhere more vulnerable day by day, by policies enacted by superrich and unca

we have lots of students graduating from college today that are underemployed, taking jobs paying relatively low wages, and we have a serious problem there. none of this is dealing with any of that. so i have some concerns we are dealing with the symptoms but not the real problem or disease and we need to address that. part of the problem is the student loan program itself which enables colleges to raise tuition fees and almost invites them to raise tuition fees, creating an academic arms race which i think has become very costly, very inefficient and very harmful, particularly to lower-income people. >> well, deanna, we were just talking to the veterans affairs about reversing incentives. i wonder if that's what's happening here, you keep saying we'll forgive your loans you won't have to pay but a percentage of to repay them and then you borrow more and more. is that a problem? >> we work with borrowers here in massachusetts and we don't see that as a problem. it may be a problem in some ways but, for the most part, these are people who are trying to better their lives and their family's li

and the idea of bringing in foreign workers at a time when we have about 50 million americans underemployedst -- made people bristle. when you added the dream act and the enlist act and eric cantor's tour of the country last year with luis gutierrez. when those issues are discussed in a way that is compassionate toward the american middle class and the american dream, not anti-immigrant, it's pro-american. i'm telling you that crowd and the people i have talked to were energized. the southwest border crisis also i think is terrifying people. i think people think we are a dumping ground for low wage earners that other countries don't want. people are concerned with these kids. >> why did lindsey graham then do so well when he is in the same. >> couple reasons. there are six people running against lindsey graham. not one standout. we didn't have one really articulate, smart, singularly focused can be democrat, as usual, conservatives kind of disperse their efforts and the establishment always wins. lindsey graham is a really good retail politician. but he wasn't trying to be something he wasn

i think you're going to go down to employment services and try and connect some people who are underemployedith either a second job or full-time employment. >> great. here goes nothing. my first task -- helping out at reception. >> today, you are going to work with la'keshia. >> that's my boss? >> yes, this is your boss. >> hey. i'm morgan. >> hi. i'm lakeesha. >> she's going to tell you what's new. >> i'm not going to be to hard on you. >> good morning. tca. how ry kep yo how can i help you? >> my job this morning, to help la'keshia to bring in clients and help them. don't let the tiny waiting room fool you. last year alone, 62,000 people came through tca at some point, and 40% of those were first-time clients. >> good morning. >> what can we help you with? >> i need to apply for food stamps. >> okay. and are you working now, sir? >> i am not. >> okay. >> but my wife works. so that's the income to i have to go by. >> great. i'm morgan. >> john. >> john, nice to meet you. >> nice to meet you. >> if we can just have you take a seat. this is the application form. >> okay. >> john has come to t

. >> i think the fact that only 45% of millennial's living at home are underemployed.his is a cultural shift. stuart: some people say that millennial's are simply lazy. that got our production staff really fired up. the argument was intense. especially among the three young ladies that join us now on the set. christine ambrose, normally known as chrissy. caitlin fisher. normally called fish. and always who is always a elise on this program. you took particular exception to being called lazy. a third of the people of your age group live at home with mom and dad. >> i wake up at 4:45 a.m. to get on a train at 5:30 a.m. does that sound like lazy to you? stuart: but you live at home. >> i do. a lot of my friends live in neighboring cities. you know, just live at home for a little bit and then moved out. i graduated college with about $30,000 of student loan debt around my neck. it would be great to be independent and not be under mom and dads roof. it would be a lot of money. stuart: you absolutely are not lazy. they i a test for that. >> why thank you. stuart: to get up a

when you have half of the generation that is underemployed or unemployed is not about laziness.four years so to speak into the recovery. what we have is washington d.c. that is in love with reform no matter what. they think activity for achievement, we will do bailouts and have the central-bank economy. when you have job growth, few research has the same finding last year, 36% of millennials living with their parents, it is an economic reason because there -- stuart: 9 won't say lazy but you need a push to get out of the house, got to take any job that comes and live with friends or something but get out of the house. >> i understand that. my e issue is people in washington d.c. need to get some much information all day long. if you want to create jobs you get that $2 trillion cash parked overseas back home, get those companies or moving headquarters overseas back home, change your policies. stuart: okay, think we got it. >> i gave you a mouthful. stuart: we like a little emotion on the show and you delivered today. you stay here. i want to show you the big board because i won't

we want to work, but they are underemployed.the most educated, the most collaborative, and the most in debt. this is not a generation that is sitting home complaining. it is a generation that, when they can't find a job, are starting companies in record numbers. this is the largest number of entrepreneurs we have ever seen. >> you raise an important point. these people don't have much to offer a bank right now. they may not be making much money. i certainly don't have a down payment for a home. -- they certainly don't have a down payment for a home. a debit card they may have. i guess the underlying argument is that banks should somehow find a way to build a relationship with these people, even if they are not valuable clients right now. it may become valuable clients in the future. >> we're talking about more than 85 million people. it is difficult to talk about the largest generation is that big a chunk. the older segment of the , phase 1, 25 to 33 years old are starting to do well. >> you have to have a place to put your mone

lifetime that includes the expense of special education. 85% of autistic adults are jobless or underemployed> good morning. we visited the philadelphia area of offices of s.a.p. to check out the program to hire autistic workers. it's already a success because they are in the door. for much of his adult life 28-year-old patrick has worked to keep the signs of aspergers syndrome at bay. after a successful college career finding a job was tough. >> it was quite difficult. >> he says he came off stiff or monotone during the interview process. his luck changed thanks to a software company he works for. s.a.p. recruited him and a number of new hires because of their autism. >> what does it mean to people who oftentimes weren't given a chance? >> it means someone is willing to give them a chance to say to them, i want you because i want you for your skills. i want you for the experience that you bring to the table. >> reporter: the program is the brain child of this man whose 17-year-old son lars is autistic. he realized those with autism might lack the social skills recruiters are looking for, the