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Jon: why not? >> we all do. we can wear the big 17,000 hats. but i digress. we got some mixed message this is morning. the first mixed message was the jobs report. 217,000 jobs added last month, almost what we were expecting. unemployment rate, that also part of the jobs report, stayed at 6.3%. so did the labor force partial rate, 62.8%. that is still the lowest level in 36 years. now five years into this so-called recovery we're finally returning to the employment level of 2007. this is like "back to the future." no wonder people say it still feels like we're in recession. look at the stock m...

Certainly not many high-paid new jobs, new normal. bill: participation rate? that has been stubborn for some time and going back to what, 197. we're still stuck on that number, are we? >> no change in that number. 62.8. bill: what does that mean, stuart? >> that means a relatively small proportion of people who could work are working. that's basically the way it is. and it has not been as low as this, 62.8%, since the late 1970s. tough go back a generation 1/2 to find the low are participation rate we have. bill: more analysis at 9:30 on fox business. arthel: there is new reaction on the priso...

Two things from 2013 that don't get enough attention. first the president put in place a climate action plan to reduce carbon pollution taking historic steps, something he did without congress. we also worked with the s.e.c. so that we have an instrument in place moving wireless access to 99% of schools in this country. that's something significant we did without congress. >> some experts say the real reason that you've got such income inequality is because of the weak obama economic recovery. let's take a look at some of the numbers there. since the president took office, median house hole in...

Get enough attention. first the president put in place a climate action plan to reduce carbon pollution taking historic steps, something he did without congress. we also worked with the s.e.c. so that we have an instrument in place moving wireless access to 99% of schools in this country. that's something significant we did without congress. >> some experts say the real reason that you've got such income inequality is because of the weak obama economic recovery. let's take a look at some of the numbers there. since the president took office, median house hole income has dropped from $55,900 to...

The reason it's bad news is people are dropping out of the labor force and something we have talked about before, but it accelerated in december and so you're now down to 62.8% of americans actually saying that they want to work. this is the lowest level since 1978 and it's compromised of a couple of different components which makes it a little more complicated. one being that we do have changing demographics and those of us that are in the baby boom generation are beginning to retire and that takes us out of the labor force but there are clearly a very large number of discouraged workers of p...