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Detailed text transcripts for TV channel - MSNBC - 20121005:13:30:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121005:13:30:00

Reports? let's get the market rundown now. becky quick is here. the psychological barrier number one of 8% but number two this massive amount of one month increase in the number of employed folks. >> yes. massive increase. okay. let's talk about the 7.8%. that is the number that main street is going to be watching. it is the number wall street is watching right now. the markets opening as we speak, chuck. it looks like the dow is going to be up by about 65 points. so a big improvement in terms of how people are going to be looking at that unemployment number. it got there because of the increa...

Detailed text transcripts for TV channel - FOXNEWS - 20121005:12:31:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121005:12:31:00

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 ...

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Detailed text transcripts for TV channel - MSNBC - 20121005:23:09:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121005:23:09:00

I'm careful when i tweet. i usually have somebody like my producer -- say read my tweet. did you really want to stand behind this tweet? >> i want to raise the question of these -- >> you did raise the question. >> chris, these numbers defy logic. they defy logic. we do not have a 4% to 5% booming economy with 873,000 people added. i mean, stop it, chris. on the face of it, we don't have this gdp. i love you, but you can't get there. >> i think you're a great, brilliant businessman. i wish you were in charge of my stock options these days because you made a lot of money for us here, but let me...

Detailed text transcripts for TV channel - FOXNEWS - 20121005:13:03:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121005:13:03:00

Situation any which way you slice it. bill: but now you're still now below the big number. you're below 8%. so to the politics on this now? >> that is where some of the mistrust comes in. how convenient the rate drops below 8% first time in 43 months, five weeks before the election. there is some mistrust of these numbers along with the contradiction between 873,000 people found work, only 114,000 new jobs. mistrust of this report. bill: on that point it will be interesting to see how president obama plays this in fairfax, virginia later today. how mitt romney responds. he is in virginia, sout...

Detailed text transcripts for TV channel - MSNBC - 20121005:13:11:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121005:13:11:00

873,000 jobs last month. that's the biggest one-month increase in nearly 30 years. and today's report snapped a string of 43 straight months of unemployment over 8%. now there's just one more report, jobs report out before the election. mark zandi is the chief economist for moody's analytics. all right, mark. i want to go through. we know the monthly numbers. but these revisions that happen all the time, the dramatic change, almost 500,000 people no longer in the employment rolls. over 800,000 folks though added to the employment rolls. but we say only 114,000 jobs were added. please explain. ...