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president later this morning. right now we here from stuart varney, anchor, fox business network. how do you analyze this number for the month? the mostlyally important number of the day is the rise in the unemployment rate to 8.3%. three months to an election the president does not want to see the unemployment rate rise. we also had a rise in the so-called real unemployment rate from 14.9 to 15%. the other side of the coin is the number of new jobs created. that is another important number here. 163,000. if you look more deeply you will find the number of new jobs created in june was revised lower. so you ve got a rise in the rate. 163,000 new jobs but fewer new jobs in the month before that. a rather negative report of all. bill: that is paltry where we are now. you say the real unemployment rate? yeah. bill: explain that again, stuart. technically that is called u-6. that unemployment rate includes those who are unemployed. those involuntary littlely doing part ....
have created 4.1 million in the last 3 1/2 years. bill: that big number is 8.3%. there are political implications of that number. stuart, thank you. see you at 9:20 on fbn. a little context on the board behind me for the unemployment rate. this goes back to december of 2007 when the economy started seeing faltering right? we were at 5% unemployment. it spiked to 10% in 2009, the high point. december into january. then started slowly moving down until the last few months we saw it flat line. now we see the uptick yet again. 8.3% which amounts to 12.8 million people without a job. and that rate is also well above the yellow line here, right about 6% or a little lower. that yellow line, that is the signal where we need to be in order to get a healthy economy. we are a long way from that at this point. patti ann has more. patti ann: bill, response coming in on those jobs numbers. reince priebus, the chairman of the republican national committee saying quote, president obama ....
It s almost like an etch a sketch. you can shake it up and we can start over again. it feels like two years ago. that was march 21. that was eric fern strom, and his now famous etch a sketch comment from last month. joining us now gq s jason. the title says it all. the dark knight. why is he is the dark night? i think the ones who are very good, they bring something to the candidate that the candidate himself lacks. people talked about how karl rove was bush s brain. i think he gives him a toughness that he wouldn t have on his own. and that s something he has provided for him for 10 years. he started working for him in 2002 and stayed by his side this whole time. and he gives him the capacity that the candidate wouldn t have for himself. if you think he is too golly gee to survive, his answer, eric ....