Detailed text transcripts for TV channel - MSNBC - 20100702:13:33:00
125 thousand then jobs overall. the numbers are adding to worries that people are giving up on finding jobs. with us is our economics reporter steve leesman. let's unpack this. it's a tad confusing. on the one hand we see a rate that is the lowest we have seen in months. at the same time more jobs were cut. how do we make sense of this? >> there is a lot of unpacking to do. let's start with the unemployment rate. it fell for the wrong reasons. people left the workforce about 650,000 people left and that causes the rate to decline. that is not a good sign. i hate to tell you that. take the thin...
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