Detailed text transcripts for TV channel - MSNBC - 20130803:11:25:00
About the job jobs. break them down. >> sluggish at best. 162,000 jobs added. the expectation was 185,000. even whispers of 200,000. so way off. to put it in perspective, at this rate it will take seven more years to make up for the jobs lost in what is now deemed as the great recession. and it gets worse. because even though unemployment is down slightly, it's a bit misleading because participation is down. you've got to remember, every day 10,000 baby boomers retire. what is replacing those jobs, two-thirds of the jobs are part-time largely in the retail sector, which is notorious for low wa...