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Don't guzzle. wow! he is planning a special event to share the scotch with your family. don't do it. drink it yourself. >> jamie: just job front -- dismal. to kick off the new year, employers adding 155,000 jobs in december keeping the national unemployment rate stuck at 7.8%. the ranks of the unemployed grew to 12.2 million as more people renewed their search for a job. average unemployed person has been out of work for nearly 40 weeks. the percent of working age americans in the labor force is 63.6%, that is under 64% which is the longest stretch since 1980. what will it take to get back on ...

Work than are now. this participation rate, that is the proportion of people actually in the labor force, they're out there, want a job, looking for a job, they are working. 63.6. that is the latest reading, that is near historic lows. that showses you that america, right there on the ground floor level, not working. martha: frightening statistic. >> it is a bad one. martha: what is says about the country where we're headed. stuart, thank you very much. stuart varney with a look at this morning for us. bill: really a stunning figure when you think about number about of people, even now that ar...

Where we were. >> that's the bottom line. >> i know you talked to a lot of ceo and small business owners what do they say is the hang up. >> first the fiscal clip. hate the term. until congress gets the act together and deals with the fiscal problems businesses are setting out keeping 2 trillion off to the side. that's money they could be using to hire people to expand in what would be a perfect time to capture market share but they are not. they are sticking it out. >> it's really a lack of confidence in the economy and that speaks volumes. the labor force participation rate. the number of am...

Do you think tell take? let's go to the white board. here's the answer. tell take until 2025 to get back to the number of people that are working -- if we continue at the rate bam bottom's going. this is just unacceptable. we are 4 1/2 million jobs less than we were when the recession started. we are 61,000 fewer people, according to the bureau of labor statistics than when he took office. we have 8.1 million fewer people in the workforce altogether. 63.6% was americans are in the workforce. that's the lowest number since jimmy carter was in office. we had double-digit inflation and double-dig...

Agriculture workers, independent contractors, that rose -- the number of people in that survey who found work in september rose by 873,000. the biggest monthly increase since june of 1983. again, economists here point out that the monthly survey of households is more volatile than the smaller -- it's a smaller survey than the workplace survey. >> i don't know whether you can hear me or not, but i take it then that the number of people in the work force rose. is that correct? >> it did. the labor force participation rate that we always watch inched up in september to 63.6% and that was just up ...