Transcripts For CSPAN Washington Journal 20150905 : vimarsan

CSPAN Washington Journal September 5, 2015

For september 5. One mployment figures, 5. 1 across the United States, 173,000 jobs created for august. If the Unemployment Rate is dropping, we want to hear from you in our next 45 minutes on if you are seeing a change in the job picture where you live, perhaps with you and your family, your neighborhood. Perhaps you dont see job creation at all. Tell us about the unemployment picture where you live. If you noticed a change specifically, 202 7488000 in the central time zone. In the mountain or pacific time zone. You can post on our twitter page, cspanwj. Us atn email journal cspan. Org. The statistics came out yesterday at about 8 30, taking a look at unemployment figures for august, 5. 1 . 173,000 jobs added for august as well. If you break it down by category, which the labor is about thees, it same for adult men and women, 4. 7 . For blacks, it is 9. 5 , hispanics, 6. 6 , asians, 3. 5 . Here to tell us about the figures and what they are mean what they mean is Victoria Stilwell. She is a reporter with bloomberg. Thank you for joining us. Guest thank you for having me. Ast has economists look economists look at this figure, 173,000 jobs created, is this good, bad, indifferent . Guest it was really something. Heading into the report yesterday, everyone was really hyping this up. Everyone wanted the latest read on the labor market, especially to know what it means but i dont think this report helped much in that respect. It definitely was not a game changer. It just showed the labor market is steady as she goes, kind of as it has been. Host how is it that the percentage drops, yet we only saw a figure of 173,000, when we have seen figures of 200,000plus over the last few months . Guest 173,000 is a Pretty Healthy number. Our labor force is growing very slowly, and the Labor Force Participation rate was flat this month. But we only need thomas some estimates put we only need, belowconomists put it, 150,000, some say 100,000, to keep lowering the Unemployment Rate. We have fewer people coming into the workforce than we did decades ago. Host talk about the Labor Participation rate. It was 62. 6 , what is it . What does that number mean as far as who is working and who is not working in the u. S. . Guest that percentage is basically a share of, you know, noninstitutionalized, workingage people in the u. S. That are either employed or looking for a job. And that figure is pretty low right now. Its hovering at about the lowest level since the 1970s. Thats a factor of a couple things. Like i said before, our population is aging. 65. Ave people turning we have about 10,000 people turning 65 every day. We are not having as many babies as we used to. We also are going to school for longer. Slightly more people are on disability. Its a factor of a few things. Host couple of other categories as well. If you could explain what these mean when it comes to the actual snapshot 2. 2 Million People are classified as longterm unemployed. Classified as involuntary parttime workers, 6. 5 million. Marginally attached workers, 1. 8 million. Who are the people who fall into these categories . Guest please are the people that i think these are the people that i think the Federal Reserve are most worried about, especially chair yellen, who is a labor market economist. These are people who, chances are, they got pretty hard hit by the recession. They havent really been able to get back in the game. For example, longterm unemployed, these are going to be the people have been unemployed for several weeks, have not been able to find anything. They may have run out of their Unemployment Benefits at this point. Most economis say, especially given the job market we have right now, which is returning to strength it really is. These people just may not have the skills that employers are looking for. There may be some sort of friction there. So, i think that helps paint a picture. Of course that does not apply to everyone. Some people just are unlucky. There may be no jobs around them. They may have special circumstances where they cannot move and go look for different work. You have a little mismatch there. But a lot of it often comes down to skills. Host thats Victoria Stilwell from Bloomberg Joining us to talk about the job figures. Go, some people will take a look at these numbers, some even in this audience, the question the that authenticity of these numbers. What would you say to those folks . Are there other factors that might change how we should proceed these numbers . Guest should perceive these numbers . Guest there is certainly volunteer volatility monthtomonth. August is a weird month. The good news is, historically, august payrolls in particular have come in low only to be by aed up, and revised up pretty large amount. Economists are already looking for that to happen, maybe to even move the payrolls up to the 200,000 level we have seen. In terms of gathering the statistics, government workers crunching the data, these people really care about their jobs and do this work intensely. Nothing to worry about on that front. Host Victoria Stilwell with bloomberg. Thank you for your time this morning. Guest thank you so much. Host you heard her talk about the 5. 1 Unemployment Rate. How is that translating to where you live . If you or others in your family has found work or your neighborhood is changing as far as job creation, maybe you arent seeing anything happen at all, nows your chance to tell us. If you live in the eastern or central time zone, 202 7488000. If you live in the mountain or pacific time zone, 202 7488001. Ric inl start with e seattle, washington. What would you say . Caller i would say for the illegals and the whites there are no black businesses where i am. The Unemployment Rate for black americans is almost double, almost 10 . It is always this way, on the democratics democrats or republicans. We are int direct competition with the illegals. It has always happened. Ronald reagan gave over 10 million illegals amnesty. All these problems are coming from the Republican Party. President obama is in office. Problemsct these other other people to rectify these problems they caused. As long as the Unemployment Rate is lowest among whites the population and the Unemployment Rate is 4 or 5 . The illegals are working over here. The blacks stay behind. Why do we continue to vote for these democrats, socalled who do nothing for us when they get in office . They go along with these republicans, but theyve done nothing to help the africanamericans. They cannot get in office unless they get our vote. Int lets hear from vince tulsa, oklahoma, about the job situation where you are. Caller i have noticed a change. I am on whats called a child benefit check and i get an ssi check. I do some under the table stuff. I have some stock. Law libraryin a Social Security law and things like that. I budget my money pretty well. I like listening to this show. Host you say you notice a change. How, in tulsa, when it comes to jobs . Caller im seeing some of my friends that are on the same type of money i am. I have one friend who is trying to get an assistant managing job. Me, myself, i have been on it too long, and it is now called benefit, after me. Host richard from arkansas, prairie grove. Hi there. Youre on. Caller im 60 years old, soon to be 61. I have been told in about three to four weeks i will be laid off. What chance do i possibly have of finding a job . Those unemployment numbers dont go by age. Nobody is going to hire a 60yearold man. To 62, so to make it i can at least get my early retirement, but what hope do i have . Im looking forward to losing everything i ever owned. I just dont know what to do. Host what kind of work do you do . Caller i am a forklift operator. Truck, because i cant physically do the things i could do 10, 15 years ago. And our great governor, asa hutchinson, on october 1, is going to cut the Unemployment Benefits to whatever. Im not sure what the cut is going to be. Ive been down to the unemployment office, and they said, oh, you better get on it before october 1. Thats probably not going to happen. Im not even going to be able to get probably half of the benefits i was going to get. I mean, 20 years on the darned job and you are going to get, what, five months of unemployment . Oh, whoo. Host what is causing the layoffs where you work . Have you been told whats behind it . Caller they are downsizing. Jobs to moving our another warehouse. Nine of us. Like, if you cant find a job in the event across the street the plant across the street, which you cant, they are just out the door. Host that is richard in arkansas, telling us his story about the jobs situation where he lives. The Unemployment Rate is at 5. 1 . Have you noticed a change where you live . Thats what we are asking folks this morning. 202 7488000 for the eastern and central time zone. For the mountain and pacific time zones, 202 7488001. A caller from philadelphia is next. Caller i have not seen a change area, unemployment in my throughout many of the counties in pennsylvania. And primarily, i think it is because we do not have the diversity here of positions, such as the industry and the creation of new Tech Training jobs, whereas people that are very educated and lost their 59 cannot go 58, into a new position that holds a degree. It makes it very difficult for them to go to mcdonalds for orysitting mcdonalds babysitting. Unless we bring manufacturing back to america, this is what we are going to see. If the only industry that will offer jobs to people that can go in on the ground floor its the only industry that will offer jobs to people that can go in on the ground floor. There has not been any new businesses created or new business support since obama has been president. We have to change this. A lot of the politicians that therunning for president , president ial position this time, will be holding this conversation for decades to come. America is losing on new business creation. Women have been the ones to create more jobs in america for the longest time. That is a caller from philadelphia. She mentioned manufacturing. Its one of the spots with job losses. There were increases in health care, professional and business, food and drink services, but manufacturing suffered a loss of 17,000ing, a loss jobs. William from pittsburgh, pennsylvania. You are next. Hi there. Caller good morning. I am listening and laughing. I work as a driver. I drive all over the city of pittsburgh and surrounding areas. Ll i see is now hiring, hiring signs. When i talk to the people with those signs, they tell me they cant even get people to take the jobs. I have aon to that, friend in seattle, where they are raising the minimum wage, and people are saying dont give me more hours. If you give me more hours, i lose my benefits. We have almost 96 Million People out of work, and we only have a 5. 1 Unemployment Rate . At what point do we say this is totally wrong . As far as creating jobs, we have lost more businesses have gone out of business host you are breaking up a little bit. Let me let you stop. Robert from twitter says that the real Unemployment Rate is 10. 3 . The inconceivable one, as he calls himself on twitter, how can the Unemployment Rate be going down and get are fewer people working than and yet there are fewer people working than seven years ago . Go ahead. Caller i have been watching cspan for several years. Host thank you for that. Caller im talking about unemployment for blacks am a than the nation. Im just going to talk about for blacks for a moment. Blacks haves always had the lowend jobs, the jobs nobody else wanted to do. In the late 1970s, they started hiring blacks and illegals. Illegals can be black, white Ronald Reagan gave 1. 11 million or more citizenship. The economy took it. Thats a lot of people. Thats what they are trying to do it again. I dont think its going to pass. We buy everything at a higher price in america. We ought to know that. Weve got a message system. We have a Police System out of control, unemployment out of control. We get numbers thrown at us that we know are not consistent. Like the guy said that is a driver, i agree with some of what he said, but not most. There are signs out there this is a real recession and the black in the black and poor whites immunities, rural black and poor white communities, our rural brothers. For the past eight years, the republicans have been playing games, and people know that. Some people dont like obamas policies. Some people dont like the color he is. But i think hes done a very good job. The Unemployment Rate in virginia is ridiculous. Everything in virginia is for illegals. The state and counties hire them. Y dont hire any laborers they hire illegals under the table. They are responsible for our unemployment area in the poor areas. If someone could solve the illegal problem and connect it to the job problem, there is a connection. As soon as we get this landscape straight about who is going to stay, who is not going to stay weve got to come up with one rule. We are a country of laws. Even i know that. I have an eighthgrade education. I know exactly whats going on. I know the bs from the republicans and democrats. Host lets hear from william in plaster ville in placerville, california. Caller good morning. I cant believe this is 5. 1 . I have been in construction 35 years, 30 years in business for myself, until 2008, when everything dropped in the housing market. I see a little rebound out here in california, but not much. We dont have any water, so how in the hell do they think they are going to build more houses . We have some Serious Problems in our country and we need to address immigration. Im sure theres a lot of kids out there who could benefit by trade schools instead of all college,ts go to everybody should get a college education. The trade schools are taking it badly because these kids are learning any trades these kids are not learning any trades. Who will be the future plumbers, tile guys, granite guys . Thats basically all i have to say. I dont believe it is 5. 1 . Host baltimore, maryland. Go ahead. Caller i have to agree with the last caller. I have been in construction for many years. In baltimore, we have seen a big drop in employment. I lost my job. I would say my neighborhood is probably about 30 . Its an allblack community. Weve never really had jobs here. Thats all. Kansas, good, morning. Caller everybody messes up my name. In kansas where i live, near wichita, most of the jobs that i see typically seem to be lower wage jobs. Im a college student. We have some colors talking some callers talking about going to trade school and things like that. It becomes difficult for people to get the skills they need to get a gainfully employed job when the job they have currently wont help them pay for Community College or trade school. Most of the jobs ive seen here towardsreally focused gainful employment. It is mostly powerful hourly jobs where people are paid a lower wage. You find that that doesnt really cover all of your expenses, and it creates problems. Host we have had you can go to the job market where you live, based off the rates that came out yesterday. The 5. 1 Unemployment Rate, 173,000 jobs added. You may agree with the things you have her this morning. This morning. Ard maybe you have another perspective you want to put in the mix. 202 7488000 for those of you in the eastern and central time zones. 202 7488001 for the mountain and pacific time zones. From the wall street journal, you have probably been seeing stories related to refugees, especially syria. The United States is being pressed to take in more Syrian Refugees. 4 Million People have fled syria since the crisis began. The u. N. Is calling for 130,000 Syrian Refugees to be resettled by the end of 2016. Germany has pledged to take 35,000 by then. U. S. Has taken about 1500 and expects an additional 300 by october. The u. S. Takes in 70,000 refugees year from all areas, based on region all caps established by the president. Taking more syrians would mean raising this cap. Refugees approved for admission to the u. S. Are eligible for Financial Assistance through a state department program. Officials have requested 2. 5 billion for migration and refugee assistance in fiscal year 2016. Michael, you are next from North Carolina. Caller i am listening to the Unemployment Rate. I see that it is 5. 1 . Everything people call in about, they want to blame obama about it. If you look back over the past 6 1 2 years, the Republican Party hasnt done anything. For everyone complaining about jobs, what did the republicans do . I am not saying obama is the best in the world, but they have not helped him do anything. They are cutting their own throats. Host so, mike, we are asking folks about the job situation where they live. Durham, North Carolina how would you paint the job picture . Caller it has probably gotten better. Thats what the governor is saying. But the point is, the Republican Party have not helped. The various people calling and complain are the ones going out and voting republican. Host from kansas city, kansas, hello . Caller yes. You know what the fish and Wildlife Commission is . Host yep. Caller and the fbi . The two of them went into the Gibson Guitar Company in 2009 and shut d

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