Detailed text transcripts for TV channel - FOXNEWS - 20120105:13:34:00
Initial jobless claims, its not an estimate, its not a phone survey like the other two. its actual number of people who went into unemployment and said, i need help for the first time. 375, still an elevated number. you still want to see it town below 350. but in the right direction. we have been months and months at 400,000. >> gretchen: why do you surmise people are hiring? >> its a matter of time, gretchen. weve been in this rut for four years. recessions last 24, maybe 30 months on average. ...
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