Detailed text transcripts for TV channel - FOXNEWS - 20120803:13:02:00
Stuart. >> technically that is called u-6. that unemployment rate includes those who are unemployed. those involuntary littlely doing part-time work and those who left the workforce. that rate is now 15%. one in seven roughly of the american population? that is a very high number and it went up in the month of july. bill: how many people dropped out of the labor force? >> 1505,000 people. bill: that is almost the equivalent of the jobs that were added. explain how that works. >> that is how it works 155,000 people stopped looking for work. they dropped out of the labor force. here is an intere...