we'll get data on unem ploim. manufacturing, impending home sales. and we saw the dow drop. nasdaq losing 39. federal prosecutors going to file the first criminal charges stemg from the bp oil spill in the gulf of mexico last year. the focus is on houston based volunteers and one supervisor. they may have provided false information about the risk associated with the well. a conviction could carry a penalty of up to five years in prison. it was followed by taylor swift, kenny chesny. there are going to be big shows in 2012 to watch for as well. beach boys and rolling stones are celebrating 50th anniversaries. >> now let's get to the forecast with chris tee na lortina loren >> you don't have to worry about frigid conditions. that's the gad news. limited sunshine for the first part of the day. in the south bay t sun will breakthrough the clouds by noon today. san francisco, expecting more clouds than sun with a lot of fog developing. 51 in san mateo. a mild start. this morning the mildest start in almost two weeks. 7 degrees warmer in san mateo. quite a bit of cloud cover divid

the unem ploim rate was unchanged from the previous month. the internal affairs ministry said the seasonally adjusted jobless rate stood at 4.5%. the number of unemployed was 2.8 million while people with jobs stood at 62.6 million. separately the labor ministry said a job availability in november rose from the previous month. there were 69 positions available for every 100 job seekers. >>> the labor ministry says areas hit hit by the march disaster need construction workers for rebuilding. but the ministry says it aims it boost employment in fisheries and other local industries as many job seekers are looking for such opportunity. is let's turn to the prices. the consumer price index for november was released. the index excludeing volatile fresh foods was down 0.2% from a year earlier, that's the second consecutive fall. items including televisions and refrigerators pushed the index down but increased prices for electricity and gasoline helped to prop up the index. the ministry says while prices are relatively flat at the moment, their outlo

payroll tax holiday, matters to every working american and jobless unem ploim benefits.al safety net for millions who have fallen through the cracks. if congress fails to extend the coverage, 5 million people benefits expire by the end of the year. senior economic writer for the editorial page and a distinguished fellow and both of you, you and i, both of you, we've talked about this before, about what impact extending and extending and extending unemployment benefits has on people's willingness and desire to go out and get a job. you say that all of these unemployment benefits extensions and 99 weeks of being on jobless checks, it is discouraging to get to work. why? >> you're essentially sending a check to people who aren't working and the condition, that they not find a job. look, i'm an economist, christine. i do believe incentives matter. when you pay people not to work, you're going to find that they're not going to be as eager to find a job. by the way, that's not just my opinion. the vast majority of the economic evidence shows that. that people who are unemploye