Detailed text transcripts for TV channel - FOXNEWS - 20120121:09:30:15
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Private sector jobs added, last month's zero jobs number revised to 57,000. the bad news, unemployment rate still stuck, so break the report down for us and explain why we're not seeing the movement. >> sure, that 9.1%, we've been stuck in that range since april, so we've achieved a kind of shaky stability, but at much too high a level of underutilization. we have 14 million unemployed people. look, if you go back to the end of 2010 to about april this year, we were adding about 166,000 jobs per month on average. it was enough to take about a point on the unemployment rate, it was 10%, now it'...
I think people are focuses on china because they're paying attention, see bhag twhat the c are doing that the united states can't. >> it does speak to this sort of royaling discontent what the average american is feeling. >> it seems to be working, in that are there are a lot of things we don't like, but it seems to be working and our country is not working. one example, we are the developers of the computer. there are according to andy grove, head of intel, there are 166,000 jobs in america for computers. there are 1.5 million jobs manufacturing jobs in asia. we've lost all of those jobs to a...
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