Detailed text transcripts for TV channel - FOXNEWS - 20110517:15:08:00
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...
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