all of us know people unployed. when it is that direct an impact consumer confidence goes down and that feeds, again, into lower economic growth. >> i have a beef with the labor department, bureau of labor statistics, a division of the labor department. every month they publish the main unemployment number, most recent 6.7%. they obscure what is known as real unemployment. it is called in the business the u-6. that is anistoni astonishing 13 you are talking 13 million american whose are unemployed or under employed. >> when i look at the labor report that is the first number i go to. it is under employment rate. it is people working part time who don't want to, people who dropped out of the labor force. it is a very high percentage. and a lot higher than 6.7% that everybody sees as the headline number. >> let's talk about what could be done, lessen regulations which critics say are onerous regulations. look at dodd-frank, many of which are undertaken january 1. the other would be higher taxes. is there a correlation