Detailed text transcripts for TV channel - MSNBC - 20140606:19:28:00
Would say too much slack in the job market. >> i want you to hit on that market as well. the job numbers is a pretty good barometer of where the economy is at. it is also confusing. as josh pointed to, there are 217,000 new jobs added last month. at the same time, we are seeing long-term unemployment pretty much unchanged. labor participation sitting at 62.8%. those are the two numbers that continue to alarm me. what should we read from those numbers in terms of where we are at in this recovery? >> think of it is aan automobile. we are stuck in second gear. we ought to be in fourth gear and cr...
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