Page 6 - Job Increase News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Economy is beginning to boom. numbers released this morning by labor department show 162,000 jobs were added in march. a closer look shows how deceiving that number is. first, we know the unemployment rate remained unchanged at 9.7%. we also know that of 162,000 jobs created, 48,000 of those were added by the u.s. census bureau. separately, according to the associated press, temporary help services reported 40,000 job -- sorry 40,000 job increase. the surge in temp jobs the answer to turning the economy around? joining me the author of the sellout. charles gasparino. from the fox business netw...

And we have seen it with these companies. we are going to hear from many, many more. so the idea, i think is already dead at the end of the week. pal paably that this is going to reduce health care costs. the premiums on your health insurance and create jobs. all those are out the window. >> bret: charles? >> i think the end of the week the debate will be about where it is right now. the pros and the cons, the people in favor and people against will be roughly the same. and the reason is that the major effects meaning the higher taxes. the mandates, and then the subsidies on the plus side real...

And we have seen it with these companies. we are going to hear from many, many more. so the idea, i think is already dead at the end of the week. pal paably that this is going to reduce health care costs. the premiums on your health insurance and create jobs. all those are out the window. >> bret: charles? >> i think the end of the week the debate will be about where it is right now. the pros and the cons, the people in favor and people against will be roughly the same. and the reason is that the major effects meaning the higher taxes. the mandates, and then the subsidies on the plus side real...

Supportive. candidate mccain i will admit gave me a few more anxious days and hours, but i will also say that as he was falling behind in the polls, it would have been very easy for him to demagogue that issue, play to the populous card and if he had come out against what we were trying to do, we wouldn't have got it, i believe. we wouldn't have had the t.a.r.p. legislation passed and been left defenseless. >> dr. greenspan, one more question about jobs. do you think the unemployment rate goes up again before it comes down? >> i'm not sure. one of the reasons is the official data on unemployme...

Supportive. candidate mccain i will admit gave me a few more anxious days and hours, but i will also say that as he was falling behind in the polls, it would have been very easy for him to demagogue that issue, play to the populous card and if he had come out against what we were trying to do, we wouldn't have got it, i believe. we wouldn't have had the t.a.r.p. legislation passed and been left defenseless. >> dr. greenspan, one more question about jobs. do you think the unemployment rate goes up again before it comes down? >> i'm not sure. one of the reasons is the official data on unemployme...