Detailed text transcripts for TV channel - FOXNEWS - 20120702:13:04:00
For the last two months it has actually gone down. second pointer, today we received a report from visa which suggests that this july the 4th week we will spend 11% less on july 4th related events than we did last year. so pointer number one is weak spending. that suggest a weak jobs report. but there is another one. so far this year the number of people filing unemployment claims, and that is an indicator of layoffs, that has gone up. we're now very close to the danger eppoint of 400,000 new faces on the unemployment lines each and every week. two pointers suggest weakness in the jobs report ...
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