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Detailed text transcripts for TV channel - FOXNEWS - 20111011:08:18:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111011:08:18:00

Recovery, at least in terms of household income. >> the economy has been growing since june 2009, albeit slowly, yet incomes have fallen dramatically since then. how can that be? because stubborn unemployment is suppressing income levels. during the recession, the average length of a worker's period of unemployment shot up by 45%, from 16 1/2 weeks to six months. during our so-called recovery, the average period a worker spending finding a new job rose by 68% to 10 months. >> many people, to get a job, they have to take a job that perhaps is -- involves a pay cut for them, or it's in a differe...

Detailed text transcripts for TV channel - FOXNEWS - 20111010:22:18:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111010:22:18:00

Recovery, at least in terms of household income. >> the economy has been growing since june 2009, albeit slowly, yet incomes have fallen dramatically since then. how can that be? because stubborn unemployment is suppressing income levels. during the recession, the average length of a worker's period of unemployment shot up by 45%, from 16 1/2 weeks to six months. during our so-called recovery, the average period a worker spending finding a new job rose by 68% to 10 months. >> many people, to get a job, they have to take a job that perhaps is -- involves a pay cut for them, or it's in a differe...