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Something he can help. we have labor participation rate of 62.8%. >> i got to shut this down by crisis doe chris does. that's a wrap, everyone. see you tomorrow at noon. mpetit. powered by microsoft dynamics, azure, and office 365, the team can gain real time insights and instantly share information around the globe. when every millisecond counts, staying competitive begins with the cloud. this is the microsoft cloud. does your mouth often feel dry? multiple medications, a dry mouth can be a side effect of many medications. but it can also lead to tooth decay and bad breath. that's why there's...

Added 321,000 jobs. that's the best monthly add november since november of 2012, but -- and there are always buts on job report friday -- the unemployment remains at 5.8 unemployment. and the labor participation pace stayed at near record lows at 62.8%. that means what is keeping the unemployment rate below 6% is that many, many americans have given up looking for work. the firm of bernstein joins us to dissect those numbers. 321,000 is really good. we also saw a little problem on the wages. >> a little bit. yeah, there was a nine-cent bump in hourly wages. that's actually good for a monthly n...

Get some wage gains here. people are suffering because they're not making enough money. >> the other factor is the number of people actually participating in the work force. >> it's been really super low. not so low since the '70s, since before women got in the work force, 62.8%. not a big improvement there. the youth, which is a broad number of unemployment. 11.4. still not great. but some real improvement there. >> improvement all over this place. gas prices going down, wages going up. >> love that. >> makes santa a little better. >> a little oh oh oh -- a little ho-ho-ho for you. more hea...

Lowest level in nearly six years. the real unemployment rate is down to 12.1%. ed henry reporting live from the white house. what did the president have to say about these new numbers? >> reporter: he's cheerleading the economy right now. there was good news in this job report. when you mention that real unemployment rate, what you're referring to is when you factor in the number of people who have simply given up looking for work and that gets at the labor participation rate, which is stuck for three months in a row now at 62.8%. why that's significant, that's the lowest labor participation r...

Would say too much slack in the job market. >> i want you to hit on that market as well. the job numbers is a pretty good barometer of where the economy is at. it is also confusing. as josh pointed to, there are 217,000 new jobs added last month. at the same time, we are seeing long-term unemployment pretty much unchanged. labor participation sitting at 62.8%. those are the two numbers that continue to alarm me. what should we read from those numbers in terms of where we are at in this recovery? >> think of it is aan automobile. we are stuck in second gear. we ought to be in fourth gear and cr...