property wealth, they are under financing their public schools undergraduates are more likely to be underemployed. the public schools create wealth for the neighborhoods and in turn create wealth for the public schools. simply by way of financing public schools through local property taxes come in the infrastructure and the producing this. >> okay so 40 years or so after civil rights movement began, culminated. and we have had a black president since 2008. are we still locked into this racism? >> i think so. the civil rights movement made a very definite position and those that were in charge of the movement made the decision to focus on intentional discrimination. but discrimination that could not be traced to intentional behavior. and this book is about the structural racism that reproduces itself in the absence of intentional discrimination or in some yes we have had a black president, the president obama will be the first to tell you that his is an exceptional story and that for too many of the countries, black and brown citizens and residents, and the story that i tell and the story of self

. >> a significant turnout, thousands of people are coming out they are either unemployed or underemployed. they think that tsa or philadelphia police from the airlines to retailers to the folks that de-ice the aircraft. >> i need people we start to hire around august 15th. the hope is to fill as many as 600 vacancies. the hope at the tables to be one of the changes. >> i need a change i'm trying to get back to the airport where i worked at previously. i'm looking for something different. >> the job fair is open until 3:00 if you come down look at resumes, it starts at entry level to part-time to seasonal jobs. and full-time jobs and in some cases a handful of supervisory or management positions but that would require past experience. john rawlins, channel 6 "action news." >> a great opportunity there, thank you john. now to accuweather lets go live outside outside sky 6 hd showing you the camera is bumping around a bit. david murphy is outdoors. >> it's feeling very warm here on the terrace, a half hour ago we had thick cloud cover and now the sun is breaking through, there is satellite,

. >> at a time when there's a lot of people unemployed and underemployed.s it mean that you'll go to the bottom of the pile? >> absolutely not. i have talked with business owners willing to give conflicts, felons a second chance, because they may have had issues with the law. your first two guests were admirable as to - i love to see entrepreneurial success. there are members i represent in the same boat. they are willing to give the individuals a second chance. in certain industries and businesses, you need to be careful. if you run a charity, day care - those employers need to know sooner, look at the job application and know it's something they need to talk about. >> how about that? >> well a couple of things there. i want to point out that this is a problem that is tremendous. we have an estimated $70 million people with an arrest or conviction record across the country. that's what the national employment law project estimated. we need to join toot about the problem. is can't just be still rights, labour organizations, we need businesses come to the fo

the youth section which is underemployed and unemployed the rate was almost 18%. that was 23 million americans were out of work about a year after the financial crash. that's the cause of the crisis and that is what we should be worrying about. >> host: let's get our viewers involved in the conversation. we are talking with kelleher president of better markets about wall street in reform efforts. maria and westville new jersey you are up next maria, go ahead. >> caller: good morning greta and also tear gas. i it's time to give them all the dash let's start with the topic is likened to comment on the fact that the federal reserve which is the national bank is an international group of profit thanks. [inaudible] >> guest: you know the fed is called a lot of different things than they deserve a fair amount of criticism. i don't think they are being controlled by international interest. they are largely interests coincide with the financial industry and wall street. however we have to give credit where credit is due. the fed pre-crisis was an enabler of the crisis and

parental ely -- perennially underemployed and underpaid. kennedy: too many law students.ld the dean encourage them to help out law enforcement? >> that is what is interesting. it is a good idea, their heart is in the right place, an important issue. their lives are over, but what will they do? they don't know that much. kennedy: how would you feel? you look like you need legal counsel. [inaudible conversations] >> how about lawyers that show up to get out of the test. i don't care about you. [inaudible conversations] >> i think they care. i cannot offer legal counsel >> i have seen legally blonde like 15 times. kennedy: yesterday was a beautiful day in our nation's capitol. president obama does on an unannounced role. thrilled to see them but reporters were caught offguard. zeke miller caught up with president obama springing into action whipping out a smart phone and caught it all on video. wait. obama told him to drop the phone. all we have is the white house. this is so upsetting to me. this reporter did not have the self-respect to realize he is protected by the first

we still have too many unemployed, too many underemployed.re are so many things we have to do, to create jobs as one example. earlier this week, the president vetoed the keystone pipeline. that means thousands of good solid construction, blue-collar jobs that we will not have in this country. and i think it is tragic that so often things like that happen. right now, american corporations are sitting on $2.2 trillion. think about that for a minute, $2.2 trillion sitting in bank accounts overseas, not in the united states. these are american companies but they cannot bring the money back, because we have the highest corporate tax rate in the industrialized world. and when you are an apple or ibm or company like that, competing with companies like samsung and others -- when you are competing globally, you build your factories overseas, you keep your money overseas, because you cannot compete and pay american corporate tax rate. one of the things i hope congress does today, this year, is finally get together, working with the president, and lower

you still have a large number of people underemployed who are not actually in jobs they trained for.leads to a lot of resentment, a lot of frustration and that will have political implications when we see the strong current of euro skepticism. mark: this week, greece made it $222 million repayment to the national monetary fund. next week, greece has an even larger payment to make to the imf and some pension and salary commitments. what is needed for greece to achieve potential stability and to end this cycle of 11th hour scrambling reva: as we go day by day, week by week emily will see greece's scrounge up the funds. as we go into the end of june, that's where we will hit a break point. that's when the bailout ends and negotiations for a third bailout will have to begin. greece cannot avoid that scenario. if you are the rulingpart you came into power on a mandate that you were going to and austerity you cannot fulfill that mandate anymore. what we are going to see is greece ship the political burden to the public. that's where we will see a referendum, call for early elections, poten

we can do better as a country and we can't leave behind so many that are underemployed or unemployed or earning less than they were 12 years ago. >> in your speech today, you had some tough words for jeb bush and hillary clinton. >> the ceo of goldman sachs let his employees know that he would be just fine with either bush or clinton. i bet he would. well i got news for the bullies of wall street the presidency is not a crown to be passed back and forth between two royal families. >> are you saying both bush and clinton are -- >> i'm saying we need new leadership to accomplish to reign in excesses on wall street. telling his employees that he would be fine with either bush or clinton that should tell all of us something. >> you don't see a difference? >> do i see a difference? sure i see many differences. one of the most important differences when it comes to reining -- >> do you think they would have the same approach to wall street? >> i don't know what secretary clinton's approach to wall street might be. she'll run her own campaign and i will run mine. i can tell you this i'm not

had made some comment about the saud i dids need to look internally at disenfranchised younger underemployed people. >> right. liz: almost speaking as if you talking about america. we have the same problem, certainly. but our problems, thankfully up until now don't generate isis joiners. problems with disenfranchised people in some of the middle eastern nations as they take up the isis arms. >> i think his timing was not very opportunity. liz: there you are. >> that could have been it. there were some deliberations between the meeting secretary kerry had with the king and when they started the, foreign minister called on friday apparently late. he said well the king isn't coming. they have clearly made some decision. a, largely i think on the basis they weren't going to get the tight, well-written and tight agreement that they were going to, or aiming for. they wanted that. they wanted something very clear. david: yeah. >> some kind of either treaty or mittment, not just the president saying we've got your back but some very clear american commitment. david: meanwhile israel seems to have th

should be worried about internal threats because populations in some cases are alienated youth underemployeds destructive. >> all their fault. >> he did at a time when, american officials american, the public should be showing their support behind these arab nation the president's comments were seen as very critical and harmful. so you talk about how few leaders are showing up there. >> i always like when you lay a tapestry of business over something like this. so you've got company ceos coming to your house for a big summit. two out of six show up. what does that tell you about what you're trying to sell? >> i better change something. right quick. >> you had a quick thought? >> no. once again he is obviously offending our allies and emboldening our enemies and that has been the history of the obama-clinton foreign policy and it is not surprising. >> these summits are a bunch of bull, can we say that? if you're a saudi king, isn't that what you're thinking too? really an obama summit? exactly. edible arrangements and cheese and crackers. nothing gets done. >> problems that the white house ha

underemployed still higher than it was six years ago before the recession. >>> it's not unheard of angiettle girl to dream of being a princess. i can tell thank you firsthand. >> both can with four years old. >> one father's quest to make his daughter's dream come true led him thousands of miles around the world. >> love this story. sharing their movie-like experience. >> reporter: emily is like a lot of seven years old. >> i like to play outside. i like to swing. >> she likes math reading, playing with her dog and dreaming of being a princess just over a year ago, she asked her father jeremiah if she could be a real princess. >> as any father would, i told her she could be. i felt bad about making a promise i couldn't keep. >> reporter: he then set out to fulfill a promise. he searched online to find if it was possible to find unclaimed land where he could create his country. >> it had the criteria that would allow me to create my own nation. >> unpopulated patch of desert between egypt and sudan. months later heaton was on his way to egypt. once there on emily's seventh birthday he pla

they are underemployed. the corporations in america they are not employing them. that's all i have to say. host: how should that situation be changed? can you tell? caller: i feel that the corporations -- i feel that the corporations -- i can go to the bank, i don't want to say the name, you walk in and there are tons of people from an overseas country that are employed there. charity begins at home. if you want to do charity, begin at home with american people. i don't mean to be cruel. there are some of black people who do go to college and do good. i know the focus is always on negative when people do something negative. it's like all of those people are that person and that's not true. host: sorry to cut you off. eric is calling from georgia on the democrat line. what do you think this morning? caller: this problem is several pronged. let me give you a few. when i was 13, i am a child of the 70's. when ronald reagan, the jesus christ of the republicans and the way they trade him, he came in and destroyed a lot of programs that helped a lot of people. i am a pr

we are running out of those people are there is only 400,000 underemployed college workers left to get a job. past that, we talking about low level of unemployment for the group and perhaps we're running out of employable people. betty: that was more him explaining why he thinks we should come down from their, but tax receipts by businesses, it looks like they were hiring. carl: what i heard from nick sounds like good news to me. the labor is always available when employers are willing to pay the go in rate. it is an important signal that labor inflation is finally starting to turn up in the economy. we should see evidence of the labor cost data last week at the employment cost index. at least we're moving in the right direction where we are seeing income games. it is coming at a critical time for the economy where we can chalk up the export center for the cycle for the medium term here. an important engine to this point. the strong dollar changes the dynamic. exports will not be a growth engine. it will depend on the industry and u.s. households. they need to see stronger wage gains.

and generate 2010 the unemployed and underemployed the rate was almost 18%.hat was 23 million americans were out of work about a year after the financial crash. that is the cost of the crisis and that is what we should be worrying about. host: let's get our viewers involved in this conversation. we are talking to dennis kelleher. maria in new jersey, and independent. caller: good morning, greta. and i think it is time to give them the law. i would like him to comment on the fact that the federal reserve, -- [indiscernible] is, in essence, a national group of avid banks. host: let's take that up, maria. guest: you know, the fed is a lightning rod for many different things and i believe they deserve a fair amount of criticism. i don't think they are being controlled by international interests. they -- their large interests coincide with the financial industry and wall street. however, you have to give credit where credit is due. the fed, precrisis, was an enabler and failed miserably as a regulator. when the crisis happened, they led in a way that was quite rem

are you looking at the headline number, the participation rate underemployed?hear your thoughts. please tweet us @bsurveillance. ♪ tom: good morning, everyone. leader of the labour party, of course a disciple of gordon brown, out of oxford, ed miliband, here he is. ed miliband: i still do, but the public voted otherwise last night. earlier today, i rang david cameron to congratulate him. i take total response billy for the results of the defeat of this election post of i am so sorry for all of these colleagues who lost their seats. bull, mercy douglas alexander, and all of the candidates who were defeated. they are friends, colleagues, and standardbearers for our party. they always have been, and they always will be. [applause] i also want to congratulate all of our candidates who were elected yesterday and who will help take our already forward as well. [applause] -- and who will help take our party forward as well. [applause] i want to thank those people who ran our campaign. it was a most united, cohesive, and enjoyable campaign i have ever been involved in.

receipt studies show the number of underemployed or highly educated people in low skilled jobs is droppings good news for recent grads. joining us, writing about the change in the post. this is good news. it said two things. one, people with higher skills, ie college degrees are getting jobs that suit them better. as they leave those low skilled jobs, it opens up positions for the non-high school diploma holder or the high school diploma holder who had a hard time getting a job. >> this goes all the way down the line. that's part of the broader improvement we have been seeing over the past year and you are also seeing this idea from the recession of the college grad. you can only getting a job slinging lattes at starbucks is starting to fade. you are seeing the folks be able to make a return on the college investments. the number of college educated workers who are filling high skilled jobs rose dramatically over the past year when previously those students and those college grads were the bulk of the people filling middle skill jobs. as they leave the middle skill positions, that means th

he still have millions of people unemployed, underemployed, looking for better work and this is not going this is going to expand -- erik: what's the ideal unemployment rate? george pataki: zero. as a practical matter -- erik: what would economist argued? george pataki: somewhere between 4% and 4.4%, something like that where you have a little and price stability. what you have price stability in the lowest possible rate of unemployment, but obviously, if you're one of the 4%, an economist saying this is a good thing does not help you. i want people to have jobs. olivia: true. when you talk about the labor market, you quickly move on to immigration because the men in your party who feel immigrants are taking jobs from americans. what is your stance on immigration? george pataki: there's the question in my mind we have to know who is coming here and know they're coming here legally. we are a nation that depends on the boulevard to allow millions of people to come here illegally is wrong. we also know that drug cartels control large parts of the borders and they want to use them for their p

smallest labor force we've had in years, which does mean a ton of people are out of the work or underemployed. they have become more dependent on the. frankly being dependent on the government has greater costs than just financial costs. it is not great for communities. it is not great for families. it is great to have a safety net but those things when there are other options do not create healthier america. prosperity is key. we ain't getting it. bill: this is what we found from "front line" too, moves discussion out of iraq. only 90 rebels have taken part so far in the new training mission there. the pentagon says the first 5000 rebels won't be vetted and ready until the end of this year at the earliest. and now you see juan, yet again, how isis digs in longer and become as tougher enemy to defeat. and we missed it. >> i don't know that we missed it. i think what we have here -- bill: dempsey said so. there were several things that surpised us about isil. the way they'reorg niced and gather and move and kill. >> well, i don't think there is any doubt about it, that is exactly right. what i

those 23 million individuals in january 2010 who are underemployed or unemployed -- keep in >> we will break away from "wall street journal." it's alive every day at 7:00 a.m.ed road to the white house takes us to columbia, south carolina, to hear from hillary clinton who makes her first appearance as a candidate in the state speaking to a group gathered in columbia, south carolina, live coverage here on c-span. >> thank you all for being here today. today we are making history. today is the first time in history that a presidential candidate has attended any day in blue proceedings. i'm so thankful that this has happened. [cheers and applause] >> thank you, secretary clinton and thank you to the people who made this day possible. this day is special because it is the beginning of a fabulous great year for south carolina democratic women. next year we culminate for the very first time in history, south carolina a deep south state, is hosting a federation of democratic of women's convention, yes, right here in south carolina. we're bringing it to you. [cheers and applause] >> i want to

the fact is we cannot accept wanted american workers that are unemployed or underemployed or just haven up working at all. we can't accept one in five of our children in this country that are living on food stamps. it's time to revive the american economy. it's time to cut the corporate taxes, to bring the jobs back home that we drove overseas by overtaxation. it's time to stop the overregulation of our small businesses. it's time to bring prosperity to main street, not just wall street. [applause] there's just something wrong when the dow jones is near record highs and businesses on main street can't even get a loan. that's just not right. i served on a small communityback board back in my -- community bank board back in my hometown. and that perspective really gives me a world view. and it cautses me to ask this question. since when did capitalism involve the elimination of moral hazard for biggest banks while regulations strangle our community banks? i think we're just a few good decisions away, and i might add a leadership change at the top, from reviving our economy all across thi

the number of underemployed, the number of part-time employed the number of people who aren't eligible an example. >> yes. >> something that i think is important, there are people for example, who are making $60,000 to $70,000 a year above what would be considered -- that's a middle-class family. that's when a lot of these obamacare penalties kick in. i know people who are making that amount of money who, it's a we're thing, there are weird incentives built into the tax code. i think what warren buffett is trying to do in some part is effect those taxes. >> is there any chance house republicans would agree to hearing this out? >> republicans have very supportive. >> you shook your head no. >> in theory, yes. i also feel like this is one of the things that got rated when they wanted to patch a hole in the highway bill. it's not something that's front of mind. you can look up the ronald reagan quotes where he supported things. >> that for me is what's getting buried warren buffett is dishing this off to the government. don't legislate raising the minimum wage because it's going to hurt t

and generate 2010 the unemployed and underemployed the rate was almost 18%. that was 23 million americans were out of work about a year after the financial crash. that is the cost of the crisis and that is what we should be worrying about. host: let's get our viewers involved in this conversation. we are talking to dennis kelleher. maria in new jersey, and independent. caller: good morning, greta. and i think it is time to give them the law. i would like him to comment on the fact that the federal reserve, -- [indiscernible] is, in essence, a national group of avid banks. host: let's take that up, maria. guest: you know, the fed is a lightning rod for many different things and i believe they deserve a fair amount of criticism. i don't think they are being controlled by international interests. they -- their large interests coincide with the financial industry and wall street. however, you have to give credit where credit is due. the fed, precrisis, was an enabler and failed miserably as a regulator. when the crisis happened, they led in a way that was quite r

a lot of them are underemployed or unemployed.kids the basics so they understand budgeting, saving for the future not just they're getting an extra check each month. >> and how to manage the credit cards -- i made that mistake. let's start off what are the expectations for rent. who is footing the bill for this? >> interestingly, 50% of kids are willing to pay rent whereas only about 24% of parents are willing to charge. >> living at home and paying rent. >> exactly. living at home is a lot more than getting free rent you're saving on cables groceries. kids are willing to pay. i think a good compromise would be for parents to require their children to contribute to a roth ira instead of paying rent. >> what about cell phone plans and a car payment? >> cell phone plans, this is one of the best things parents can do if they want to help their kids. the value on a family plan is better than getting an individual plan. i think this is a great place for parents to step in. car payment are subjective because a child might want to drive

you see that hovering around and that is pointing to 1.9 americans are still underemployed.bor market and still some pretty significant gaps there and the retail coming out this morning still points to no sign of inflation picking up in the marketplace. that is pretty supportive for yields in the near term. >> what is your outlook when it comes to the ten-year say by the end of the year and when do you think the fed is going to move? >> well, you know, let's take that piece by piece. so, in terms of the fed, it's going to be data dependent. they mentioned that multiple times. our best estimate at this point is for them to start the rate hike cycle some time in december or november. that is dependent on how it shakes up over the course of the next few months. in terms of bond yields, we expect them to stay yield. if you have a fed on hold until the end of this year, potentially, you have very moderate economic growth coming out and we're expecting 2015 growth to be in the neighborhood of 2.5% or so. again, we don't see any signs of inflation picking up. you know that type of

are people underemployed and counting as employed?keeping america from exploding on the economy growing. >> they should say 2% to 3% is crappy and we could be growing at 5% to 6% if not for that. that would have led to far more job creation than what we had. >> that is a -- michael, that's a tough argument to make. >> that's a tough argument to make. >> on the campaign trail, unemployment rate was high now it's low, deficit was high now it's low. i'm taking that message to the bank any time. >> everyday. and the question then becomes if you're saying we could be growing 359%, 4% 5% what would you have done differently that would have stimulated that kind of growth that hasn't been done yet. >> it reminds me of when al gore ran for president and he ran against bill clinton's record. he said things are not great, now i'm going to make them great and everybody's thinking what was wrong? sorry, missed that. >> i think this is the indictment of the argument i bet hillary clinton will run more on her husband's economic record than barack ob

we are talking specifically about post-9/11 generation veterans who have just by and large been underemployed at a much higher rate than the rest of the country. what are you hearing at home? any stories? mr. polis: we need to do a lot more and i recently introduced post-9/11 conservation bill which would help employ our veterans to protect our public lands and waters so it can be part of their healing and part of making sure that our public lands are well maintained and help veterans restore and protect our national state and tribal forest parks wildlife refugees and cemeteries, allowing us to attack the jobless rates and help address the enormous enormous backlog at our national parks. that is what veterans get excited about. they want to see something that shows we deeply respect the work. that their work is valued here at home. and it's the absolute wrong message to send when we are slashing veterans' benefits and not founding our new v.a. hospital that needs to be built in aurora, colorado, when we are slashing the benefits that people get. beyond the impact of those financial dues that

we cannot accept one american worker that is unemployed underemployed, or has given up on working athe one in five of our children in this country is living in -- living on food stamps. it is time to cut corporate taxes to bring the jobs home that we drove overseas by over taxation. it is time to stop the overregulation of the small businesses. it is time to bring prosperity to main street, not just to wall street. there is something wrong when the dow jones is near record highs, and businesses on main street cannot even get a loan. that is not right. [applause] i've served on a small community bank board back in my hometown. that perspective gives me a worldview and causes me to ask this question. since when did capitalism in both the elimination of moral hazard for the biggest banks well regulation strengthened our community banks? [applause] i think that we are just a few good decisions away, i might add a leadership change is at the top, from reviving our economy across this country. in it could be done. we've done it in texas during my 14 years of governor we created a third of