only about 8% were unemployed.hink we need to focus on the long-term unemployed make sure they stay in the labor force to give them training if they needed, provide more opportunities. also to focus on those who exited the labor force. they are probably apply for disability benefits, which means it is less likely they will come back. matt: we will get back to that in one moment. alan krueger will stay with me. we are moments away from the january payrolls report. scarlet fu is monitoring any reaction in the markets for us over at the breaking news desk. peter cook is at the labor department and he will give us those numbers as soon as the clock allows him to. peter, what have we got? petere:: 257,000 jobs added in january. the big story here, wages jumping the most month over month that we have seen in over six years. there are annual adjustments in the number but by and large it is pretty clean report, not much impact from the annual revisions. 257 thousand jobs in the month of january, better than our survey numb

when labor was unemployed, all labor had to do was accept lower wages.inesses would be happy to rehire them and prosperity would soon return. underlying this view was say's law, after the 19th-century economist j.b. say. what did say say? he said that, in total supply always creates its own demand. there can never be long-lasting overproduction since each good is either demanded by ourselves or is used to demand some other good. in the early part of this century, a businessman might produce 2000 ladies' bonnets. what does he do with these bonnets? he gives one to his wife he exchanges the rest for other goods. he buys a stove, a car, candy. this is the big point. these added bonnets represent added demand for other goods-- stoves, cars, candy. demand is nothing more than one set of goods being offered in exchange for another. say admitted there could be temporary problems with this. there might be overproduction of a particular good. also, money could be a problem. a collapse of confidence in the banking system could throw a monkey wrench into the works

they're now unemployed. they go get an unemployment check. suppose the unions are "no, there's something else we can do for you. we can help you. we can bring in specialists. we can help you set up, under the auspices of the union, an enterprise that will serve this community in all kinds of ways. and we will go to the community because we're based in it and urge people to buy from this co-op rather than from where they've been buying. we can begin to develop a network." that's what mondragon did. that's how they grew that way. everybody helped everybody else. i don't know what all the benefits would be, but let me make a suggestion. a labor movement that has been declining without interruption for 50 years better come up with something new because what it's been doing hasn't worked. i'm not being disrespectful. i mean, i don't have the numbers. the graph that i teach in my classes of what has happened to unions is unambiguous. the line goes from here and it keeps going down. it's long overdue to change the

that's how many of our military spouses age 18 to 24 are unemployed that's a huge amount. what impact does that have on a family's financial stability? >> it's a multifaceted problem, definitely. i think the biggest problem that we face specifically is child care. i know that's a common concern. you know i have about six years of retail experience half of that management and i have never made over $8.25 an hour so if i was to take that full-time, i would pay more out of pocket to work 40 hours a week including child care than i would to stay at home. it's hard to continue post secondary education, because you never know if you are going to move. schools are -- they change how they transfer credit so if it's actually going to be worth anything at the next school. >> military families move around a lot. is that something that employers shy away from too when they are like we don't want to spend the money training you if you are going to leave in a few months? >> definitely. we have been here for four years, but even the applications that i put in the first thing they address

never put it out to vote to help the unemployed.ost: the democratic wit -- w hip tweeting out yesterday. also from the other side, from dan coats of indiana saying that long-term unemployment is still too high. much like what you heard from our previous caller. again, if you want to tell us about your job situation, if it has changed 303-748-8000. we move next antonio. found a job. caller: i recently found a job. it's been like eight months now. it is a private online company. how they do things is they don't really have a structure on getting a raise. i'm not really concerned about that. i was just released from prison for and a half years ago. they get paid to have convicted felons work for them. i do not see why they -- these employees out there, hire more convicted felons. host: how many jobs did you apply for before you found this one, given your background? coloraller: i had a job being a janitor. when they found out my background, it was like they did not want me. but then, i had an e-mail saying i had a job. it's like i'm st

there are still over 3 million people unemployed in germany. at 6.9%, that's the lowest rate since 1991. and that's not the only good news -- the country is also celebrating a 14-year peak in consumer confidence. germans are spending more thank's to good job prospects, low inflation, and increased pay. >> interest rates are going to stay at rock-bottom, partly because of the pressure put on rates by the european central bank's decision to bypass. >> with consumer confidence riding high and unemployment staying low, gdp looks set to continue growing this year. >> all the data went down well with the dax up at record highs. >> rising consumer confidence shows that the german economy is still in a very excellent position, and it shows that consumers trust in their own financial situations, natalie because we just went up and oil prices plummeted, also because the german labor market is very stable. today, we've seen the strongest february since 1991, and this also shows that the german economy is really back on track. this all lead to a rally here

david: it is simple to be paid them to be unemployed more people are unemployed. >> we have seen this over and over that they make more money on unemployment and if they would get the basic job at mcdonald's what happened to hard-working and a dedication? nobody thinks that way anymore. david: i could have had the same sound bites for the sequester that if you go and cut that much money out but we did and we cut it tremendously and we have job growth. >> also remember it is basic personal financial planning. we are all in this together people are hurting that is why it is the emergency funding. david: but it was extended to any emergency six months months, one year, a two-year, it got to be too much. >> if we don't cut now to pull back hard what will happen the next time we have a real crisis when we do need to intervene short-term? if we want to tell when it is time we have got to cut back. david: politicians know how do spend the money. trust me. the one thing they do know how to do. fed jeered janet yellen is ticked off that senator rand paul for pushing his idea of the of that aud

if you a family member or anyone is unemployed and has subsequently given up on finding a job if you'reut of work that you've stopped looking over the past four weeks, the department ofvd' you as unemployed. we're going to bring it around. bob likes to cite the 5.6% unemployment rate k.g. the facts are ifvzfu4hváu add in all the people who this gentleman from gallup talks about, you add them back into the economy it's almost 10%. >> yeah it's almost 10%. and according to 8 unemployment rate has increased by over 1% since mid-december. so those are not good numbers. and by the way, sometimes the proof is inrÑñ;v the pudding. ask the american people the people that areop working, the middle-class americans out there that are still struggling, people that have lost jobs or their jobs have beenv3÷downsized, part-time, et cetera, they're still struggling. they want to know why they're not doing better. so they can come up with whatever hocus-pocus numbers they want. the facts speak for themselves. >> 17.8 million americans are unemployed or underemployed.1c 39% americans have been jobless fo

seven unemployed workers to one. job opening. that trend is positive.he market took it as good news this time. >> well, wouldn't you take it as good news? if you look back the last couple of months, the jobless claims, those numbers dwindle and dwindle. we look at the unemployment numbers, the first friday of every month. then we see this jolt somewhere. it puts a lot more confirmation into this job growth sector that we've been trying for five years now, the fed has done their quantitative easing, and they see a lot more people are in the employment situation. they may be a little underemployed, but they're still employed. and these are all positive numbers. and that's why we're seeing the dollar go and go and go. and hopefully, we'll see these numbers even improve next month when the report comes out. >> it was harold who told our viewers you have to love the dollar. go long the dollar. i hope our viewers listened. look at oil today. this has been, the last six sessions, among the most ridiculous volatile, up 7%. down 3%. we were up yesterday. down 5%

however, despite this improvement, too many americans remain unemployed or underemployed wage growth is still sluggish, and inflation remains well below our long run objective. >> she was asked about a whole host of other issues, including the proposal to audit the federal reserve to propose greater oversight over the central bank. she made clear it was a proposal she does not support. yellen will be back on capitol hill on wednesday to testify in front of the house capital services committee. >> the top stories on bloomberg is our -- the ftse 100 index closed at a record high yesterday. the new peak was 6949.63. there will be a special chart on the footsie -- on the ftse a little layer -- later. which side broke the cease-fire between ukrainian forces and russian separatists? meanwhile u.s. secretary of state john kerry told the american congress that russia repeatedly lied to him about its activity in eastern ukraine. >> russia is engaged in a rather remarkable period of the most overt and extensive propaganda exercise that i have seen since the very height of the cold war. >> u.k.

as well as depressingly unemployed amounts to a big lie. monica crowley. so good to see you. i you surprised? we have been reporting this here but the general public buys into these numbers. >> the unemployment rate has been publicized for a long time originated under president obama, gained political strength as a statistic for political purposes under this president. every time the official numbers comes down there could be made real -- rejoicing out of the white house they put out a statement where in the economic recovery. the reason they don't feel an economic recovery is the same reason the head of gallup was pointing to which is that numbers of false number. the actual unemployment rate is somewhere between 9% and 11%. if you factor in all the people who want permanent work and can't find it, the long-term unemployed who have given up. in politics as in life, perception is always reality and the perception is for people on the ground living this economy that it still stinks. tom: it does. we talked about this yesterday with mary kiss

i found myself at a fork in the road unemployed and recently divorced. i sold everything he had an hopped on that motorcycle. >> so why the name? >> a lot of things. become the forks in our lives. and lives. they are the things that keep us and steer us and they are what we share. finally you no, if you are a musician a tuning fork brings harmony and residents there is a lot of meaning. >> before. >> before we get into some of the things i want to talk about the book does have recipes. >> it does. one of the things, this is about my experience of connecting with people and culture. i went on this trip alone but i can tell you that it did not take long for me to realize i was never alone. if. if i ever was lost or even lonelier hungry i would turn around and someone was they're. it is amazing how easy it is to connect with people and a lot of times we do that over food and drink. rather than do the travel meredith the memoir story i would bring another element to that. a full sensory experience. what is better than taking the flavor? when you are cooking

but we have 6 million unemployed unemployed, 10 million living in poverty, so what do we have to offerthousands of people on our shores. do we put them in ghettos or particular neighborhoods where we are basically handing them over to gangs and the mafia. no. it's not right. neither for the french or these new arrivals. >> why did you compare muslims praying in the streets of france with the occupation of the nazis in the second world car?war? was that a comparison you now regret? >> translator: no. i don't regret it at all. i do not regret it. in france, occupying a public space like that is called an illegal occupation. people who pray in the streets are not doing it because they don't have a mosque. i don't believe that. that is a lie. those who are doing this are not doing it as a political act and on a country and population who have not chosen and also to impose it in this way that is very physical through their presence in the streets, is in my opinion, uncontestbly an offense. >> what kind of a france would a muslim live in if you were in power? >> translator: those we need to

the majority of young people are unemployed. so, greece's loan agreement will expire on the 28th of february. and without a deal it would be unable to pay its bills within a matter of weeks. in a moment we're going to hear from the street of athens. but first, here's the german finance minister on why the greeks must stick to the promises they have made. >> the room is limited and it's not only by member states. it's altogether and therefore everyone has to work again. the thing is that we don't destroy, otherwise it will not work. >> we hope that the solution will be found again, because we don't want to leave the euro the eurozone or the euro. but we cannot go on in this situation. >> well, dr. michael fox is economic adviser to german chancellor angela merkel. when i spoke to him, i asked why his government was so quick to reject greece's offer when some quite liked it. >> first of all, we had a very clear agreement on monday on the last economic meeting with finance ministers. they said very clear that all the agreements whi

even if you work one hour a week for as little as $20 you are not unemployed.here are 30 million unemployed americans or 10 percent of the population. >> the state department spending $150 for your tax payer money for music dance and poetry performance for citizens of saudi arabia. the program is hoping to promote quote cultural diplomacy by exposing them to some american culture. >> the fcc making a controversial push for more net neutrality. >> fox business is here now with what the proposal could mean for how you are surfing the internet ashley? >> good morning ainsley and heather. the federal communications jumping into the fray over internet regulation and is proposing unprecedented rules. the issue as you say is net neutrality the belief that internet providers should move some content faster or enter into companies like netflix to prioritize their data. the incident should always be free and open and equal. the fcc wants to regulate internet and phone service and other public utility. tom wheeler says my proposal assures the rights of internet users to g

for example, they said they will provide free health care to those who are unemployed and lost their health insurance. they will reconnect electricity to those whose power is cut off. that will cost 810 million euros. to fund that the government promised to fight tax evasion. they believe that will give them the revenues to increase social spending. the creditors have insisted on things like increases and pension cuts. the question is whether there's going to be disagreement between the two sides over the cuts to the public sector. are germany and other governments going to insist athens abide by the commitment for cuts in the sector or trust the greek government with tax evasion and smuggling. they can raise the necessary revenue and increase it for social spending. we'll know this afternoon when the finance ministers are on a conference call. >>> the islamic state militants are said to have abducted at least 90 people from christian villages in syria. the kidnappings took place after the militants seized the villages from kurdish forces. let's get more on this. lena joins us. good

she is unemployed and was forced to kit her jobs to care for her children.es to use the money to get the things for her kids that she didn't have when she was growing up but first she will give money to her church. >> i don't know if i want to cry. smile. what. i am just grateful for this moment. >> the winning ticket was sold at a convenience store in north carolina. we know two more winning tickets were sold in texas andporter reco. -- and puerto rico. >> i am going to stop and buy a ticket and that is the one. >> i know. >> wonderful for her. >>> coming up here, a woman crashes her truck down a cliff and trapped for three days. how she finally escaped and what she says kept her going. >> shortage of snow on this busy holiday weekend, ski resorts are trying to consequence people it is worth going up to the mountains. >> we might see more records over the weekend with temperatures into the mid-70s to upper 70s. when the next rain could occur as well. female announcer: through presidents' day, get 36 months interest-free financing, and save up to $300 on bea

he reflects that 31.5% is the share of the unemployed, not of the workforce that are long-term unemployed. jone joining me now is josh barro. it is strieging toking the relative emphasis between foreign affairs and the economy as the economy has gotten better. >> does it? it was a talking point that served them well because it was true. as it has improved what is left to say about it? great job? things look zood. -- good. a lot of it is driven by gas prices. >> and where we are in the business cycle. >> i think the victory lap is oversold for that region. when you're coming out of a recession, you're supposed to have really big job growth. if you look at coming out of the 1982 recession, we were creating 400,000 jobs a month. you're supposed to be able to have fast growth. it is great that we're getting it now. it would have been better five years ago, so yes, enjoy this but bragging too much about it is a little much. >> i also think there is a kind of asymmetry in politics sometimes is that if it is bad, it's the president's fault, and if it is good in both cases if is not attributable

but how we deal and focus on long-term unemployed is a critical element. >> totally agree. if you look at the, you know, kind of potential tpp in the medium term, getting people back in the labor force is not just something that's right for the individual, but it's a way to make sure our economy is growing more. >> i'm thrilled to find at least three places we can largely agree. >> senator carper? >> thank you, sir. thanks, mr. chairman. welcome. good to see you. i want to start off by thanking you and the administration for working so hard with us last year to find common ground on the health insurance. if we can work that out we can work out some of these issues as well. mr. secretary, you started off talking about the strength of the economic recovery. i'll acknowledge it's not everything we would like but for us, it's encouraging. even by today. today we received from the department of labor the latest unemployment filings. averaging right around 280,000. it was 628,000 at the time president obama and vice president biden were inaugurated. hopefully it will have a posit

the majority of the zimbabwens unemployed pickup it goes on. >> you have to immediately abandon your party your dinner party and focus ton funeral in the communities and the funeral in the community is the situation in our country. >> reporter: perhaps what best illustrates zimbabwe's industry. industries have collapsed. where this was once a thriving industrial community many of those are struggling to keep afloats. he and his neighbors in a suburb pray for things to change. he says life has never been more difficult. >> we are inputting finished goods only. and we are exporting jobs to those countries which are purchasing those things. >> at the vebs vern you venue of mogabe's party, critics argue that he is a man living in the past of and unable to fix the problems of the presents. y people are questioning robert mogabe's age saying he's too old the lead the country does he have the energy? he has other responsibilities, just last month he was elected chairperson of the african union. it was largely ceremonial, but he's expected to travel and sit in key decision making meetings an

. >> 1930, bonnie parker, an unemployed waitress meets clyde barrow in west dallas, she is 19, he is a year older on the run from buglary charges. charges. >> they are the mission call characters -- missio myth call characters who caused trouble and pain, a young boy and a y2k girl who went against the system, biolar it was love at ft sight, only thing that separated them is police arrested him and took him on jail. jamie: bonnie speaks a revolver into the jail, and clyde is makes a run for it he is recaptured, and jailed and beaten by the guards, he and bonnie go on a rampage after he is released, they rob banks and kill dozens of people, and clyde is consumed by one idea, revenge against the guards that beat him at the prison. clyde leads raid in january. >> 5 convicts are released from prison, one prison guard is killed. jamie: state prison chief, lee sim ops is humiliated. he calls a retired tequila -- texas ranger, named frank hai haimer. >> i said put clyde and bono the spot, shoot everyone in sight. jamie: haimeer develops an imfor informant who reveals their location, the pos

we just did a study on the unemployed veterans skills gap. what we tried to do is we read every job posting in the economy and said what are the underlying skills associated with the job postings? we then looked as best we could through open government data the underlying skills of unemployed veterans. we took a spotlight on the commonwealth of virginia. you had hundreds of technology companies post jobs from employers who made a commitment to hire veterans. they're going out of their way to want to hire veterans. and they -- but they communicate the job in such a manner that feels like it's not really available or attainable to some set of the population. by doing this sort of skills assessment, what we figured out was every single entry level technology job, every single one in april of 2014 from an employer who made a veteran hiring commitment could have been filled by a tech trained vet at that time unemployed in the commonwealth of virginia yet neither the employer knew to look for the tech trainable vet whose background might have made

despite the improvement, too many americans remain unemployed or underemployed. she says she believes inflation will start moving up towards the 2% target, but it is likely to decline in the short term. there are four developments that could pose risks to the outlook. she says there could be upside surprises. the uncertainty could be positive in the end and could be a plus for the u.s. economy. she is trying to buy flexibility. stephanie: do not go anywhere. we have to take a look at the markets. scarlet fu is in the newsroom. what do you see? scarlet: we went from little change to downsn. the s&p 500 trading at record highs. the nasdaq was riding a nine day street. let's move to treasuries. we are seeing a little bit of a selloff, with yields moving to session highs. small moves, worth noting we saw yields move higher. it moved above 2% last week. the dollar moving up in strength. the dx why is higher. let's give you some headlines. economic data coming out. consumer conference. falling for the month of february, when economists had anticipated a move down to 99

you have to be unemployed for six months.sit on my keister for six months and start tapping my ira? $50,000 a year? >> gerri: go ahead. >> unfortunately, gerri, one out of three americans are already taking money out of the their retirement accounts. gerri: yes. >> so here is one thing you think about. got $5,000 ira account and you take out money right now. you will lose $2,000 of it to taxes. now if you left that money there, in 35 years, at a rate of 7% it would be worth 10 times that it is not $5,000. it is the $50,000 that you lost the opportunity to have in 35 years of retirement. >> i love that. >> no matter what, if you don't have to absolutely postively do it, do not take money out of retirement account. gerri: that's all you got. that is all you got. this will be your retirement. likelihood of young person today social security being around is not very high. people should be worried about that. ultimately the long-term impact of this could be, look you know, we could be in big trouble as a country because, people do

. >>> omar has no job. 60% of gaza is unemployed. families is have blueprints, but can't rebuild. >> the process is slow. i went to the military funds from the upyour haven't arrived. >> that's another problem. the agent helps palestinians. it's not delivered. it is only described as unacceptable. it's run out of money to help refugees. robert leaves the u.n. and says because of political conflict between hamas. >> there's a lot of bad blood between them. you still have two different strands of civil administration in gaza. that needs to be resolved. >> until it is there's not plans to rehabilitate devastated areas. >>> iran's foreign minister zarif warns that exerting pressure on iran during the nuclear talks will lead to negative reactions, this is following comments by the secretary of state john kerry that washington would withdraw from talks if tehran didn't prove the peaceful nation of its programme. the u.s. wants tehran to limit production in exchange for relief. >> help lines have been set up. and there has been tv and radio

unemployed for five years, a businessman reduced to locking for food -- looking for food in dust pans. if it wasn't for the children he said he would have killed himself. this is the family that alexis tsipras said he'd help with free electricity and food. they clipping to his words. i believe in him. he's young and has a future in front of him. some of it will happen yes, i believe him. >> journalist at the national broadcaster - it was closed down by the previous government. it said to save money, some journalists carried on work anyway and they will resume being paid. >> we are celebrating, we feel great. we are waiting for that for 20 months. we are working for that for 20 months. we are here without money. we are working. democracy will come back to greece and to us. one of the biggest in europe. the previous government planned to privatize it to raise a billion euros. the dockers are happy with this. most voted for syriza which said it will protect their jobs. alexis has to balance their demands with a need to keep lenders happy. popular supports alone would not say syriza. the

he said it depends on whether or not you're unemployed. this wasn't a wisecrack.s showed that he had a fundamental understanding of the game. he realized that you had to talk about people and what was happening to them and where the hardships were. as a senator harry truman had worked hard to push a full employment bill. as president, he signed the employment act of 1946 a law that changed greatly during congressional debate. it no longer referred to full employment instructing the government instead to promote maximum employment, production and purchasing power. what was lost from the original idea? [gross] what was really lost was the right, the right to a job the right to work, the right to an opportunity for paid employment at good wages. and what was gained? [keyserling] the government had what might be called policies and programs, but it never had a policy or program. the secretary of the treasury proposed one thing the secretary of agriculture another, the director of the budget other things, etc. these were policies and programs. most of them were needed.

that issue, the longer they are unemployed the less employable they are. have been behavioral economic studies. same resume but one guy is -- one guy or girl is out of the market six months longer fewer call backs than the person who was in a job or recently left. and that's this concept which is in fed speak which is this a notion a cushion goes down on a couch and it doesn't bounce back up. >> you don't want the 16 to 24-year-old cohorts starting from that down place. >> here is one more concept. in economics when you lose time you don't get it back. every year that -- you can't get back your 17th year or your 18th year. so that's why all of these decisions and all of the policy decisions are so incredibly consequential because they have reverberations throughout a person's lifetime of earnings. >> we'll leave it there. thanks guys. white house jean sorenior adviser valerie jarrett lays out president obama's plan to take on cyber crime. first, bertha coombs has a news update for us. >> here is what's happening at this hour. the obama administration will

michael bloomberg was surely unemployed for some time while creating bloomberg lp.ially high. david: that might be, but, tracy usually third world companies, or countries have big underground economies, black market economies, not a country like ours. usually regulations were low enough and taxes were low enough to be above-ground there. are a lot of costs being underground. >> we know that is not true anymore. the costs being above-ground are almost worse. i find it insulting people unemployed and stopped looking they just don't count anymore. they're not even included in the number. this is very typical of the government to brush you aside, we're done with you, we'll move on. we'll find a new number. again, we all took statistics. you can make numbers look as pretty as you want. david: tracy, great last words. thank you all. john tamny, todd horowitz and of course tracy byrnes. with the dow giving up most of the gains into the close and oil falling back below $50 a barrel, what could have biggest impact on your portfolio tomorrow? we are back with the number one t

you could look down your block and see that people were unemployed, but they didn't know what was happeningionwide. they were after aggregate statistics. simon kuznets was called in to direct the government study. he'd been working on income estimates for the national bureau of economic research. the lack of information about the economy was, in kuznets' words "a scandal." the data were "neither fish nor flesh nor even red herring." kuznets found he would be working with economist robert nathan one of his former students. he had me measuring things for which we didn't have direct data. we never had a service census, a retail census, or a construction census. the result was there were a lot of gaps. that made it tough. but conceptually simon gave it a degree of depth and, measurementwise a degree of reality that never had prevailed before. one of kuznets' basic concepts was to limit measurements to the marketplace. the amount people paid for goods and services measured consumption. the money spent on new production facilities and equipment gave a total for investments. the problem was to avo

and then when you're unemployed, you're likely to gain more weight making it harder to find a job.t's a vicious soul cycle of injustice. so if we're actively discriminating against obese people, it brings up the question: should obesity be treated as a civil rights issue? i get it. it's tough being overweight in today's society. every image on a magazine and in television and movies is of a thin person having good stuff happen to them. even if you go to church, you see a p90x version of jesus on the cross. right? (laughter) talk about cross-fit. am i right? am i right, christian ladies? okay. i'd like to issue an apology to my christian ladies. my mockery of jesus, though accurate, was way out of line. unlike the michael moore blah blah blah, et al. my point is, if jesus looked like this, more galifianakis than cariezel, maybe we wouldn't hear people -- in this case, a politician -- finding this as the cause of eric garner's death. >> you had a 350-pound person who was resisting arrest. if he had not had asthma and a heart condition and was so obese, almost definitely he would not

analysts say that's because unemployed people came back to the workforce.conomists are studying the data and trying to figure out when fed policymakers will raise interest rates. we spoke with john stofas at oppenheimer. he says he is focusing on the impact of wage increases. >> within the jobs number, what we particularly like to see was an increase in jobs in construction, in retail, as well as an improvement in other areas in health care. we did notice that there was a decline in jobs, for example, in mining and in the energy sector. but we think that would be expected based on indications that global growth remains slow at this point. our thoughts are that the federal reserve, under the leadership of janet yellen, will likely delay raising rates at least until the middle of the summer this year or perhaps as early as the end of june. much of that will be dependent upon the next month's non-farm payroll number, initial jobless claims and, of course, most importantly, what increases we get to see in wages. right now with wage inflation extremely low overa

in march 1933, roosevelt was the leader of a nation with 1/4 of its work force unemployed.ething had to be done. so first of all, let me assert my firm belief that the only thing we have to fear is fear itself. nameless, unreasoning, unjustified terror which paralyzes the... rosina tucker remembers the hope returning. uh, you remember his saying "there's nothing to fear but fear itself." he had his fireside talks... and, uh... uh, the people listened to them all over the united states. they made it a point to have nothing to do during those fireside talks. they sort of... it seemed to me a sacred time, uh, as if a father was talking to his children who were afraid. it was in that period of despair that roosevelt did one great thing. he experimented. if this didn't work, try something else. this nation is asking for action and action now! march 1933 was the bottom of the depression. slowly the economy inched upwards. keynes visited washington in 1934 to meet with roosevelt. the meeting was not a success. fdr had such a lack of interest in economics... his interest was not si

unemployed for five years. a businessman reduced to looking for food. if it wasn't for the children. he'd have killed himself. this is the kind of family alexis tsipras says he'll hep, with electricity and food. they cling to his words. >> translation: i believe in him. because he's young and got a future in front of him. some of it will happen yes. whatever he can do. >> reporter: also on the prime minister's side journalists at the broadcaster. it was closed down by the previous government. it said to save money, some carried on working and will resume paying them. >> we feel great. we are waiting for that for 20 months. we are looking for that for 20 months. we are here without money, we are working. democracy coming back to greece and us. >> the port of puree as. the previous government plans to privatize it to raise a billion euros. says the port will not be sold. the dockers are happy with this. most voted, which says it would protect the jobs. alexis tsipras has to balance the demands with the need to keep foreign lenders happy. because popular s

others hit hard by inflation were the working poor and the unemployed.ost of their money went for necessities. the prices of those basics-- food, fuel, housing, health-- were rising the fastest. like the seniors the poor attempted to organize, but their efforts were not as successful. the senior citizen movement, in terms of participation, has been a more effective movement than the poor. the poor are not organized. they vote less than others. they join groups less than others. the poor aren't like the organized workers. even the organized worker had problems keeping up. in new york, first the sanitation workers struck for higher pay. shortly afterwards firemen and police went out. then came the transit and teachers' strikes. each group, fighting to hold on to a decent living. we asked victor gottbaum who represents new york public employees to recall those turbulent days. i represent workers. if they're taking a beating, i hear about it. they don't make unfounded or loud demands. a sewer laborer says "mary goes into that market. vic, it's killing me." t

unemployed for five years. they are looking for food. if it wasn't for the children this is the family that alexis tsipras says will help. electricity, food and they cling to his words. >> translation: i believe in him. he is young. some of it will happen. i believe him, whatever he can do. >> all journalists at the national broadcaster. the previous government to save money. some journalists carried on working. they said they'd resume paying it. >> we are waiting for that. we are looking for the amounts. we are here. we are working. in order to come back to greece and to us. >> who will pay for all this. economists are the ones that will help. greece will run out of money within weeks. >> in my view i do not think that all of the costs of what the government found. it can be met with. the port one of the biggest in europe the previous government is planning to privatize it to raise a bill mon euros. >> the port will not be sold. >> privatisation of the port - that will be a major statement of a new direction in economic policy. the rela

unemployed for five years. a businessman reduced for looking for food. if it wasn't for the children. he would have killed himself. this is the family that alexis tsipras says he'll help. they cling to his words. >> i believe in him because he's young and has a future in front of him. some of it will happen yes. i believe him. whatever he does. >> also on the prime minister's side journalists at the national broadcaster. it was closed down by the previous government it said to save money. some carried on working and syriza said it will resume paying for them. >> we were waiting for that for 20 month, and we are working 230r months. -- 20 months. here with money, we are working in order democracy come back to greece and us. >> reporter: who will pay for all this. economists warn without help greece would run out of money within weeks. >> it was a promise a lot, to a lot of people. i do not think that all of the costs of what the government has promised can occur. >> the port, one of the bigges in europe the previous government had to privatize it to raise

the majority of zimbabweans are unemployed and the list goes on. >> it's un-african to have a birthday party when there's a funeral in the community. your tinker party - focus on the community in the community. it is the situation in our country. >> perhaps what best illustrates george zimmerman's failing economy is the industry -- zimbabwe's gilling economy is the industries. >> industries have collapsed like here. a thriving industrial city few factories are open, and men of those are struggling to keep afloat. >> that man and his neighbours pray for things to change. they say life has never been more difficult. we now have airhouses. we are exporting jobs. to those countries which are purchasing those things. >> at the venue of robert mugabe's party, children rehash their steps. organizers invite many children including those that share a birth date with a president, so they can emulate him. robert mugabe's critics argue he is a man living in the past. unable to fix the problems of the present >>> the afghan government says it needs international help to find anyone that survived an

this man, unemployed for five years, a businessman reduced to looking for food. if it wasn't for the children. he would have killed himself. this is the family that alexis will help with free electricity and food. they cling to his words. >> i believe in him because he's young and has a future in front of him. some of it will happen yes. i believe him. whatever he can do. >> also on the prime minister's side journalist at the national broadcaster. it was closed down by the previous government. it said to save money. some journalists carried on working anyway and syriza says it will resume paying that. >> we celebrate that. we feel great. we are waiting for that for 20 months and we are working for that. we are here wowed money. we are working in order to come back and greece and us. >> who is going to pay for all of this? economists warn that without help greece could run out of money within weeks. >> seems like the government have promised a lot to other people. in my view i do not think that all of this cost of what the government has promised can be met. >> th

at least he didn't say he was an unemployed drug-happy omnivore-- all turnoffs to ok cupid's clientele tidbits gleaned from the millions of responses in ok cupid's data base, shared by christian rudder in his book "dataclysm." not that all are exactly shockers. >> when people come to a dating site, all they look at is the pictures, for the most part. >> reporter: beneath the sidewalks of new york, erika christensen hawks an arguably more discriminating approach. >> you are very handsome! are you single by any chance? if you find yourself single, i'm a matchmaker. >> reporter: yes, a real live matchmaker whose turf happens to be the subway. >> you are very handsome! >> reporter: the days leading up valentine's day are the busiest of the year for this hello dolly of the l train; at the moment looking for lasting love on behalf of two 30-something female professionals. >> what we're dealing with is the biological clock and these women want the 35-45 year old man quick, they want him yesterday. >> reporter: so you mean that you're sizing up these guys as... >> potential baby daddies, that'

that were the cause of global terror, then you would have christians and jews and other people unemployed blowing people up and beheading people. that is not the core issue. the core issue and it's not just isis it's not just al qaeda or the muslim brotherhood we are talking about a global religious ideology that is not going to be dissuaded by each if we took on the responsibility of trying to transform the committees of the middle east, we are dealing with something that comes from a religious root and dealing with a holy war is the most difficult kind of fight that you can possibly have. we have a white house that's not engaged hill taerl in the way it should or idea logically or economically in the way it should. they're fighting this war -- >> john, hang in there one second. let's take a listen to president obama balking up what marie said a few days prior to that. >> if we're serious about countering violent extremism we have to get serious about confronting these economic grievances. >> economic grievances. go ahead, john. >> well, i mean, is that really a hate the west first menta

our workforce initiatives are important the city's unemployment in inform 3.2 percent 20 thousand unemployed sfomgz that are given up looking for work or wish they had a better job so the focus hearing commissioner president adams our point will people that need to hire and wish they could fill those jobs that's good news for us but refirms the challenges there are people in the economy that need investment training and connecting those to those job opportunities that's a key point of our strategy. >> yeah. commissioner tour-sarkissian. >> thank you for your presentation i have a question about the demographics and the fact that the very low wages are increasing as well as the high wanlz after a flat period out of curiosity how fast is the low, low wages as compared to the high wages and how can we accommodate all those low wage earners i'd like to hear that. >> 0 i don't know why are extremely low income people moving to the most expensive places in california appears to be an attractive move for people that are immigrants if we don't elevate those are some other locations in the united sta

the story was that an unemployed salesman struck it rich when he invented monopoly during the great depression. in fact, the real genius behind this much beloved game was a woman who invented it decades earlier. the history of the monopoly game that we all know and love that the company put out with the game for several years is not actually what we thought it was. >> correct. the story that parker brothers told was that a man sold it to the company and he and the company were saved. this was actually days before the great depression. >> this was a woman in 1904. 30 years ago she filed the patent. >> lizzie mcgee created a game called the landlord's game. it was a protest against the monopolists of her time. the carnegie's and rockefellers and things like that. it was played by a who's who of left-wing america. >> it was picked up by a manufacturing company. >> other people tried to sell the game and they would make their own versions. which is so ironic. you are -- people are bringing it back to their folk roots. >> if she could see the game today what would she make of it? >> i am not sure.

step in the right direction, but there's still a lot of people, long-term people who have been unemployed that are counted in that 5.7% figure. >> mark. >> this is a good report and it's consistent with the reports over the last several months. we've got strong job creation. we've got a continuation of economic growth, but i, too, have concerns about continued wage stagnation, although wages are up and the fact that the black unemployment rate remains too high. if that part of the unemployment rate would come down we would even have a lower jobless rate in this country. this is good news but many remain, if you will stuck in the after effects of the recession. there's a lot more work that needs to be done. >> you know ron, mark mentioned the average hourly earnings jumping to the highest level in six years. a lot of people are saying that wage growth is back. however, i'm not sure that everybody would agree with that. >> i wouldn't either sue. i mean you're talking somewhere in the range of up 24 cents. i agree with a lot of what the mayor had to say. i think we still have to have wages s