Page 6 - 214 2 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Poverty rates are up. wall street's up almost 25%. why? >> why? because can we go to the last chart? you'll see why maybe a little bit more clearly. >> the answer is always on the chart, steve. >> if you read your script, you'd know. >> i don't have to do that. >> this looks a little messy, but the real gist of it, if you look over at the left, back in 2001, personal income was 65% of all of our national income. corporate profits were 8.5%. look all the way over at the right. skip the recessions and all that. corporate profits are up to 14.2% of our economy. and personal incomes are down to 61...

He points to signs of progress and some setbacks. >> business has created 2.2 million jobs last year. we just learned that our economy created more jobs over the last few months than economists originally thought, but this week we received the first estimate of the economic growth over the last few months. it reminded us that bad decisions in washington can get in the way of our economic progress. >> jamie: just yesterday we saw the recent job numbers tick up and the u.s. economy is worse off than it was four years ago in four major categories. let's take a look. first unemployment rate januar...

Us, the overall unemployment rate for september is 7.8%. if you look at numbers by demographics, for african-americans the september unemployment rate is 13.4%. even higher for african-american men, 14.2%. it is 10.9% for women. for hispanics the overall unemployment rate in september is 9.9%. a bit better for men, 7.6%, but worse for hispanic women, 9.8%. even though african-americans and his pan anybodies are doing worse in the economy than population at large, one labor analyst says these numbers are not a matter of race. >> the real thing to look at is, how are you doing according to your ...

A lot more movement is coming with the younger adult population. they're taking more chances, moving across the country. they're going back to college. about 5.6 million young adults, and this is -- adults between the ages of 25 to 34, still live at home. that's 13.6%, and that's down from 14.2%. now also that data was saying that unemployment came down. in 2011, it was at 9.6%. it came down to 8.9%. as you know now, unemployment is at 8.1%. there's still that issue there. also, home sales. home sales have been -- the lowest since -- in five years. that's the lowest in a decade. so there's tha...

Head lieps making news on the west coast. the "san francisco chronicle" has a front page story with the title "home sales jump to six-year high." the paper reports sales in the bay area were up 14.2% from a year ago in medford, oregon "the mail tribune" has an article on jobs wanted. it's about how more than 800 people have applied at a new trader joe's. the store is hiring 50 people mostly for part-time positions. a new r.e.i. store in the same area brought in about 1,000 applications for the same number of jobs. "los angeles times" has a story with the title mitt romney plan ups taxes on man...