that's not going to come back nearly as fast and frankly, you know, building an economy on unskilled,onhigh school graduates is not going to be there. it's getting those people to get more education. >> jonas, isn't this important? aren't we making strategic changes in the jobs market so that we will have a better, basically, labor market in the future? >> unfortunately, i do think that we're getting a little european and which means we might always have a lower participation rate than in the 90's, a lot of those countries have low participation rates, too, longer unemployment insurance, more disability. and a lot-- people don't think they'll make a lot in the private sector, as wages eventually catch up and weak more or less for the last decade. you'll see people think, oh, i'd rather get the job even though it's not the job i want than that. so i think it will improve, but it won't get back to the super gang busters in america we had in the past, somewhere between old america and current europe, i think. >> okay. but jonas, a lot of people are losing their health care benefits when

the unskilled labor will recover but we have an awful lot of people in the labor force who are so unskilledlly nothing they can do and we have a lot who are unwilling to work, and there is a problem with them too. they are going to be unemployed for a good, longtime. jenna: let me pick up on one point that you made which is that the stock market is the leader in the recovery. does that mean that we will see a dramatic improvement in the job market over the next year or so? because we've seen one in the stock market? or to your latter point is there part of the economy that is not not going to recover this time around. >> predicting the future is very, very hard, it's easy to predict the past. the stock market strong recovery tells us usually that there is going to be an overall recovery, but as they say the stock market has predicted 12 out of the last six recoveries, so there are many morey cover reese in the stock pharpbgt there are real recoveries. we are seeing a real recovery. we've added a lot of jobs, considering the fact that the government is shedding jobs we are doing extremely we

though a train schoolteacher because he had had to work as an unskilled laborer and spent the night on the construction site. those were very hard times you know sometimes i even felt i didn't want to live anymore. but then i thought about my children. and how we'd be dead if i didn't get back on my feet with their side even had arsenic within reach of things really went bad. now those hard times are behind to cross the aisle six husband has even sent her a friend request on a social networking site. should i accept the friend request or not now absolutely yes yeah let him see how far you've come. yes yes i'm very pretty yes and show him how much of a mistake it was terrific to i have grown strong ever since then i'm no longer afraid of losing my job like i did before. until recently it seemed that central asia traditional ways of life would never change parents arrange the marriages and children would wed for life. family had at least four children women kept the house in order while men with the breadwinners initially only men would go to russia or in search of employment but many of

we go further. 31% of america's cup authority staff, skilled, unskilled, entry level or specialist, are all local. i think pretty importantly, 51% of all vendor staff are local. if i could add to that, i believe that percentage is actually going to get better because we've let a lot of the larger contracts, the backfill will be smaller contracts that support the big ones. i expect those numbers to get even better than they currently are. so, in summary on the local hiring, i would suggest the following. firstly, as i said previously, we do not have any obligations. we are doing this voluntarily. secondly, in the spirit of our relationship with the city and what's trying to be achieved by these requirements, we've taken them on board. and thirdly, while the standard calls for good faith efforts, in actual fact at the edv of last year we were exceeding them. so, once again, i think this is a great story. it's nothing for us to hide behind. we should publicize these, we should review the neighboring months and we should hold them up as an example of how a private event is trying to support

. >> that has left contractors with a new workforce that is largely unskilled. parea says the lack of experience has resulted in poor workmanship and big delays. >> we've taken off sheet metal on buildings who buildings, started over again. just to insurance that we deliver a quality product. >> so that must be frustrating. >> very fruses traiting very kosly and time is money in this business. >> making people like joe even more marketable. >> what would it take for you to go back to construction? >> i wouldn't go back. >> leaving one smoking hot industry for another carter ef-- carter evans cbs news los angeles. >> we'll be right back. as you age... would you take it? well, there is. [ male announcer ] it's called ocuvite. a vitamin totally dedicated to your eyes, from the eye care experts at bausch + lomb. as you age eyes can lose vital nutrients. ocuvite helps replenish key eye nutrients. ocuvite has a unique formula not found in your multivitamin to help protect your eye health. now that's a pill worth taking. [ male announcer ] ocuvite. help protect your ey

these sales standing up for the faceless people well yeah but i think you know particularly you know unskilled labor. you know they are having a very very difficult time and equally quite a lot of skilled labor is having a difficult time because of massive price on the cutting you know i do understand that if you are a big employer then open door immigration's a very good thing because you can get people to pick cauliflowers far more cheaply you can get people to work on building sites and save yourself some money and that does push down wage inflation in this country i accept that i understand that but on the other hand. and if that is directly putting people into a situation of unemployment then why is it maybe good for the big employer it certainly isn't good for the country these say you stand up for everyone but what exactly do you mean by that well i think there is a feeling i share it that we now are run by a political class of people they all go to the same schools they all go to the same oxford colleges they all take the same degrees they all marry each other sisters and they all fini

why would we need any more unskilled workers?e do anything to bring in highly skilled immigrant workers. why? and it is a federal reserve that can set interest rates and monetary policies that are conditional upon employment rates. the phase we are going through now in is the bond buying security buying program why aren't they setting immigration policy on unemployment rates? that is, and we have high unemployment we slowed and immigration. when we have the low unemployment we raise immigration. that's right. in order to do that we would have to have control of both immigration and our borders. that simply is not the case and is not likely to happen. oh, yes, do you find it curious that the president, democratic and republican leaders in congress alike never say how many visas they want to have issued to illegal immigrants. you would think that if there were so confident that only 11 million illegal immigrants were in the country, that would be the number they would use. you don't suppose, no, oh, no. we'll be right back. what wo

. >> if they are unskilled, why pay for it?vermont have lower unemployment rates. look at arizona that have low minimum wage. they have the highest unemployment rates. the facts don't stack up for this argument. >> there are some people think government should make those decisions and some people, maybe the local owner of an autoship dealer should set the price. >> really? >> look at the national numbers. >> get to the moral argument. >> let me go back to this point. these kids, half can't get into college. half can't get into community college. they've got to work. if you stick them with a high minimum wage, business won't take, they will never get a job. >> we are not talking about kids though. >> that is the moral argument here. it's no different in your early 20s. we've got to go. that's it for tonight's show. thanks for watching. i'm still after those dirty russian money launderers. see you tomorrow night. perations? it's not working! yes it is. welcome to tyco integrated security. with world-class monitoring centers and t

we want our guys to help, but we want to be the real experts there, unskilled assistants.my husband got me day repacking the dishwasher and he said if you don't trust me enough to pack the dishwasher, i will stop doing it. i had to say okay. >> i read through your piece and it struck me that i lived through this moment maybe years ago that is in some ways ended. this moment where the so-called metro sexual emerged into popular culture. some called it the woosification of the american man. that moment was very much a real moment. i am wondering how that squares with your assessment that men are conforming too much to masculinity norms. how does that jive against that popular culture moment that we experience. >> there has been a tremendous change. when you go back to the men and women i interviewed in the 50s and 60s, often men i interviewed from that president, older men would start to cry through the interview talking about how they were brought up to think their only identity is to be the breadwinner and they got the reward when they came home and their wife and kids cou

we need skilled and unskilled labor. 10,000 baby boomers coming into our social security rules and retiring every day. so basically, getting cut for the president. >> stand by. here comes the president. >> great, thank you. >> thank you so much. good morning, everybody. >> good morning. >> secretary napolitano, thank you for administering the oath and making it official. director may ork us, distinguished guests, family and friends, it is a great pleasure to have you here at the white house and an honor to be among the first to greet some of my fellow citizens of the united states. today here in the people's house, a house designed by an irish immigrant, we welcome 28 men and women, immigrants themselves, who from this day forward have earned the precious right to call this country home. and i know this is an incredibly special moments for you and for your families, but i have to say it is a special moment for the rest of us as well. as we look out across this room, we are reminded what makes somebody american isn't just

these sales standing up for the places people well yeah but i think you know particularly you know unskilledlabor. you know they are having a very very difficult time and equally quite a lot of skilled labor is having a difficult time because of massive price on the cutting you know i do understand that if you are a big employer then open door immigration's a very good thing because you can get people to pick cauliflowers far more cheaply you can get people to work on building sites and save yourself some money and that does push down wage inflation in this country i accept that i understand that but on the other hand if that is directly putting people into a situation of unemployment then why is it maybe good for the big employer it certainly isn't good for the country these say you stand up for everyone but what exactly do you mean by that well i think there is a feeling i share it that we now are run by a political class of people they all go to the same schools they all go to the same oxford colleges they all take the same degrees they all marry each other sisters and they all finish up

, "look, we are not going to tolerate these kinds of trials where the lawyers are unprepared and unskilledand if we challenge some of what we've seen in some of these places, i think we can turn this issue around." but it's going to take that kind of intervention. >> what are a few things you think we could do to turn this around? >> well, i think we should take advantage of the fact that we can't afford to keep putting all these people in jails and prisons and immediately demand political reforms. let's stop this misguided war on drugs, let's stop incarcerating people at these high rates for a simple drug possession. let's stop putting people back in prison for simple technical violations. that would bring down the prison population, which would be a first step. i think we should demand of our courts a commitment to gideon. i think we should renew that commitment. and stop insisting that the poor person go find a volunteer lawyer to show the court that their bad lawyer actually did something consequential. and we talk about this as a presumed prejudice standard. if the court would presume

means businesses have to raise prices for customers and it will wind up limiting hiring, hurting unskilledem lower wages wi would. we'll stay on top of it. >> thank you very much, alison kosik at the new york stock exchange. >>> the the chicago blackhawks extends the point streak to 23 games. [ coughs ] [ angry gibberish ] i took something for my sinuses, but i still have this cough. [ male announcer ] a lot of sinus products don't treat cough. they don't? [ male announcer ] nope, but alka seltzer plus severe sinus does it treats your worst sinus symptoms, plus that annoying cough. [ breathes deeply ] ♪ oh, what a relief it is! [ angry gibberish ] [ breathes deeply ] ♪ oh, what a relief it is! with the bing it on challenge to show google users what they've been missing on bing. let's bing it on. [fight bell: ding, ding] how many here are google users? what if i was to tell you that you would actually like bing way more than google when it came to the results? prove it. let's look up some taco places. i like the left side. yeah? okay, do we need to find out what the waves are like down at t

focus on the future and future generations as he said, but that doesn't mean have an uneducated unskilledt back on pell grants and head start programs and we have an aging population that's more and more dependent on medicare which no longer exists and we've got more emphasis and hurt put on the american family because we've decimated them and decimated the middle class by continuing the policies that hurt working families and small businesses. we need to be focused on raising revenue and having a strong budget that will bring a brighter tomorrow for us. >> alisyn: so, kevin, do you agree with jessica, that the reelection of president obama was basically a no vote on the ryan budget? >> not necessarily. because there were 9 million fewer people that even voted for him than the other time around. let me just say this, about this budget that mr. ryan put forward, a couple of things. one, someone has to give us an honest picture of how bad the economic situation is in america, and at least make a serious attempt to begin the conversation. the president missed his deadline he's required to su

advisors at the white house, we studied how much individuals earned, say, in mexico, relatively unskilledates. the difference is $10,000 a year. quite significant. so even if you adjust that for differences in the cost of living between the u.s. and mexico, it still means someone who comes in at 18, 20 years old could pay this off over a ten, 15-year period and still make a lot of money on the deal. so it would be very worthwhile for those individuals to come in. so in order to make sure that we don't get only the rich, we would allow financing over time. >> steve: okay. so you have some sort of a loan officer and you would figure it all out. some people really like this idea because number one, it does encourage immigration and we need skilled labor in this country. number two, your suggestion could raise -- we've got a graphic to show it -- $50 billion each and every year if we were to charge people, you know, $50,000 to become u.s. citizens. >> right. that's right. of course, it depends on how many come in. what we would expect is at least during the first few years, we'd get probably

how do we deal with the unskilled visas hour do we deal with the agriculture visas hour do we deal with zpleerms lots of stuff still in the works, i will tell you i feel more optimistic every day that we are getting there. there's still some things to be work out about how do we handle the people here, how do we get them into regular status that's going to be have to be solved before we pass the legislation. i feel pretty confident we will be very, very far ahead of this when we leave for the august break. >> the supreme court this week heard arguments on that arizona law that tries keep illegal immigrants from voting by demanding u.s. valid citizenship be shown by everyone who wants to go you challenged this law in the past. it was the obama administration. what are we expecting to hear from the court? >> the problem with the arizona law it has no impact whatsoever on immigrant bus it does have an impact on elderly folks, students, which is a big part of my community. i represent arizona state university, the largest public university in the country. and it has a huge impact on native