Putin to discuss syria. The president returns to the United States tonight. The august jobs report is in. The u. S. Added 169,000 jobs in august and the Unemployment Rate dropped to 7. 3 . Thats partially because fewer people were looking for work. And nasa is counting down to tonights launch of a robot spacecraft destined for the moon. Take a look here. The space crafl is set craft is set to blast off at 11 57. Real money with ali velshi is up next. The Unemployment Rate is at its lowest level in five years. Dont get too excited because ill tell you why you should tune out everything you have heard about it so far. Plus, if you are one of the 11 million who are looking for work, listen up ill introduce you to someone who is hiring. And the woman who never gave up looking for work, and just landed a job. This is real money and im ali velshi. This is reel money. You the most important part of the show. Join our live conversation with the last half hour, use the hashtag aj, august job nu
The last half hour, use the hashtag aj, august job numbers are out, its a mixed picture. You probably have had some analysis already, if you havent, you probably will. Before we analyze a problem we ought to understand what were talking about. Lets start with the number of new jobs created in august. This is an important number 169,000. Thats all the new government and private sector jobs that were created minus those that were lost. We were expecting a better number than that. Your numbers should focus often this, 7. 3 , the level of unemployment. This rate is calculated from an ever changing pool of workers, a pool consisting of those actively working looking for jobs making calls send i their recess sending their resumes out and going for intruches. That interviews. Add them to the unemployed plus the millions more who are underemployed, theyre working part time because they cant find full time work. And thats what you get to 13. 7 of the workforce. Thats 21 and a half Million Peopl
You probably have had some analysis already, if you havent, you probably will. Before we analyze a problem we ought to understand what were talking about. Lets start with the number of new jobs created in august. This is an important number 169,000. Thats all the new government and private sector jobs that were created minus those that were lost. We were expecting a better number than that. Your numbers should focus often this, 7. 3 , the level of unemployment. This rate is calculated from an ever changing pool of workers, a pool consisting of those actively working looking for jobs making calls send i their recess sending their resumes out and going for intruches. That interviews. Add them to the unemployed plus the millions more who are underemployed, theyre working part time because they cant find full time work. And thats what you get to 13. 7 of the workforce. Thats 21 and a half Million People in america distressed in some way by their employment situation. Now, i know youre not