Detailed text transcripts for TV channel - MSNBC - 20110506:14:15:00
Breaking news. new numbers out this morning show that april was the best month for the job market in more than five years. it's a mixed bag here. the unemployment rate inched up to 9% in part because more people started to look for work. 244,000 jobs were added last month. much better than was expected by most estimates. i'm joined now by mark zuckerman and by economist and professor at the university of maryland. peter, we'll start with you. you see 244,000 jobs added last month all said. is that enough to allay your concerns and fears of a second recession here? >> unemployment claims have b...