Detailed text transcripts for TV channel - FOXNEWS - 20111125:23:42:15
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As economisted lazir says we've only been adding jobs not because of increase but because layoffs and other separations have been falling. >> the reason is simple. think about what you do if you're an player, if business starts to turn bad you start laying people off. when you've laid everybody off and you're at the bottom of the economy you don't lay anybody off any more. they are already gone. lay somlayoffs get very chloe, e not hiring either, so that's the situation we are in right now. >> reporter: the good news according to lazear is when layoffs slow it generally means the economy has h...
Every 1 job opening, better odds than at the height of the recession but not good. today, a painful recovery through the eyes of two governors in very different states, michigan's jennifer granholm and virginia's bob mcdonnell. >> we have hit bottom, and we're starting to emerge. >> we cannot continue to have all the states rely on the federal government. and the gulf disaster. where we'll hear from admiral thad allen. >> i think we can all breathe a little easier regarding the potential that we'll have oil in the gulf ever again. then politics with jackie calmes of the "new york times" an...
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