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CNN CNN Newsroom March 8, 2013 16:14:00 - Vimarsana News

CNN CNN Newsroom March 8, 2013 16:14:00

Construction. 48,000 construction jobs. that's a good sign. those jobs tend to pay a little bit more. they show the housing market is working. and they're showing you people are getting job, building houses. manufacturing is probably housing related because we're building gear, building equipment, to help with the construction boom or the construction recovery i should say. retail jobs, leisure hospitality, and look up there at health care jobs, hospitals, offices, definitely have been hiring a lot of jobs. hospital, office, and construction sites is where we've been seeing the jobs grown. >> ...

CNN CNN Newsroom March 8, 2013 15:07:00 - Vimarsana News

CNN CNN Newsroom March 8, 2013 15:07:00

Unemployed, people side lined. but 14.3%, that number still way too high. there you go. >> take that, velshi. you call her the wonk, i like to call her the chart lady because she always likes her chart and her measures. >> lady makes me sound so old, but you're from the south, so you're being polite. >> people call you the economy guy, they call me the news guy. so we want to check in on wall street. the dow closed record highs the last three days. so let's check in with the market lady today, alison kosik. how are investors responding to this? >> again, it's an interesting day so far. you've ...

Detailed text transcripts for TV channel - FOXNEWS - 20130308:18:18:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20130308:18:18:00

The national unemployment rate did drop last month, it's down to 7.7% from 7.9% from the month before, meaning about 12 million americans are out of work. and when you consider the underemployment number, which of course is the number of people without jobs, plus those who are not working as much as they'd like to, that rate hits 14.3% and that's nearly 23 million americans. meanwhile, there's growing concern over rampant unemployment among our nation's youngest veterans. there's a new report that suggests that more than one in five vets between the ages of 18 and 24 years old were out of work...

CNN CNN Newsroom March 8, 2013 15:06:00 - Vimarsana News

CNN CNN Newsroom March 8, 2013 15:06:00

And economists this morning are telling us they think those are mostly related to school related jobs. let's look further at some of these jobs gains and where they're coming there. i'm not going to be pessimistic, i won't be a dark cloud, i'll look at construction jobs. 48,000 of those created. and those at first we thought that this trend in construction jobs might have something to do with rebuilding from hurricane sandy. now economists say, hey, this might be real. this is also a housing recovery. those are good jobs that pay more than the average. also some manufacturing jobs there. healt...

Detailed text transcripts for TV channel - FOXNEWS - 20130308:14:10:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20130308:14:10:00

Just mentioned, with the unemployed the jobless rate is more like 14.3% in this country. that is more than double the national rate and that affects 23 million americans. theorem employed part time for economic reasons. eight million americans in that basket. the government is saying that the labor force participation rate, this is a huge factor here, 63.5%. making it 14 consecutive months under 64%, the longest stretch we've seen at low, low numbers like that. that is how many americans out there working and part of the participation of the labor market, 63.5%, the lowest number since the 197...