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Financial wizards split over default risk

before. at last slow down in that trend. private sector is carrying things here, no question. but the private sector slowing down a bit too, ali. >> christine, something that you and i study very carefully, this is a consumer-driven economy, so we study retail sales. the retail sales for the last month came out this week, and they were exceptionally strong. much stronger than economists were expecting. so why did we see losses in retail jobs? >> it's so interesting, because you saw 33,800 retail jobs lost in the month, and that was a little bit of surprise to people. the only place y...

that actually represents a slowdown in hiring and leaves us wondering why. are there enough jobs out there to sustain our fragile recovery? christine romans, the host of your bottom line, has been studying the numbers. break it down for you. >> i put it on a chart an graphic to show you the jobs report, ali. you make a good mount. 120,000 jobs created is a big slowdown from the pace we've seen over the last few months. 8.2% unemployment is a drop but not making people happy. you had people dropping out of the labor market, 164,000 people dropped out of the labor market. that's why th...