Detailed text transcripts for TV channel - MSNBC - 20120804:00:16:00
Good for the american people and also happens to be good for president obama. the economy picks up steam in the mukt of july with jobs numbers nearly double what had been predicted. 163,000 jobs were added in july, according to today's report. that includes government job loss of 9,000. therefore, private sector job growth was higher, 172,000 jobs added. the unemployment rate ticked up but it was literally a tax, from 8.217% to 8.54%. >> we learned our businesses created 172,000 new jobs in the month of july.