Detailed text transcripts for TV channel - FOXNEWS - 20110204:18:16:00
Harry reid said that today's news that unemployment fell is an encouraging sign that our economy is recovering. >> nice try, senator reid, but it won't work. when you look at the drop from 9.4 to 9.0, the reason is, 500,000 americans dropped out of the work force. 504,000 people just in the month of january gave up. they stopped looking for work. the labor force contracted. that's why the unemployment rate went down. megyn: how do we know that? >> official numbers. these are hard, cold numbers. megyn: people that stopped taking unemployment benefits? >> yeah. they're not counted. we know exact...
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