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Top of the hour. >> stay with us here on cnn. "your money" starts right now. 175,000 jobs created in may, the unemployment rate ticks up to 7.6%. those are the headlines but there are numbers you don't see every month and you need to pay attention to them. i'm christine romans. this is "your money." the most important number of all is your unemployment rate. it's either 0% or 100%. either you have a job or you don't but outside your personal statistic here's what's going on in the labor market, over the past 12 months the economy created 2.1 million jobs, an average of 176,000 a month. good,...

Looking and finally the percentage of americans who have a job is just 58.6%. you have to go all the way back to 1983 to see numbers that low. mohammed el erian is the ceo of him coand austan goolsbee, former chairman of the president's council on economic advisers, we'll talk through and walk through what's happening in the market. what is the biggest thing standing in the way of the market performing better than this? >> a couple of things are standing in the way. there isn't enough demand in the economy and second, we have structural impediments and the two things together means the unemplo...

Administration and its policies coming up from the recession that's holding back the economy. i want to give you a chance to respond to that. >> well, two things. one, they had that press release filled out every month since the recession, since obama came into office rather than since the recession began so i don't think the political interpretation should be the one we look at. my only view on whether policy holding things back is you see this same behavior of companies sitting on cash nervous to invest all around the world n places where there was no obama care they haven't followed the sam...

In my 25 years as a professional economist an economy that's too hot. i just reject that whole idea that somehow more people working, more investment is somehow bad for the economy. now i know there's this kind of superstition on wall street that somehow if we have good jobs numbers or if there's an increase in investment and spending somehow that's going to cause ben bernanke to take the punch bowl away but look, i think in the early 1980s when we had a big expansion we had economic growth rate of 7%, 8%, 9%, we do that without the economy crashing again. >> we are so far away, 79% are you ki...

Coming back stronger despite the sequester and the fiscal cliff. >> it's an anti-kooenzian recovery. >> i will say something giving the letter grade i'll get all the mail saying i can't refinance my mortgage, i give it an f, i don't have a job, i'll give it an f. there's an economy that's doing something and a lot of people left so much. stephen moore and jeffrey kleintop great to see with you. i'll give you the same letter grade i gave austan goolsbee and mohamed el erian, an "a." do you know what this is? it could be illegal to buy this in the u.s.. i'll tell you why after the break. in hi...