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The resurgence of old rock

The resurgence of old rock
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Old Schoolhouse Tea Room closes in Ormsby | Bancroft this Week

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Detailed text transcripts for TV channel - MSNBC - 20100630:16:54:00

is over, 3% say it s over. for a closer look at these numbers we re joined by pew research center editor rich morin. a pretty gloomy report. some of the findings, 55% of working adults have been out of work, had their pay cut, hours reduced or had to settle for part-time work during the recession and when i read this 30 months ago i could have checked off every single box there, so were you surprised by this? we were surprised, shocked, but it does ring true because all of us have been hurt by this recession either directly or members of our family. the fact that it surprised us is nearly a third of all adults in the work force had been unemployed in the past 30 months. this is a deep and wide and painful recession. at least we can take comfort in knowing that we ve all been in this boat together at some point so we can be compassionate and nice to each other. your survey found out that many people are worried about their retirement. when we think about what we re taking, of course

Detailed text transcripts for TV channel - MSNBC - 20100630:16:55:00

retire. what were your findings on this? we found that nearly a third of all adults were concerned that they did not have enough money to make it through retirement and the fact that particularly distressed particularly distressing is a large majority of adults have already delayed their retirement because of bad economic times. 3% think the recession is over. we need to get that number up to 100% and get it back in to recovery move. rich morin, thanks so much from pew research. thank you. i m thomas roberts. thanks so much for watching. up next andrea mitchell reports. senator jack reed weighs in on the war in afghanistan with the new top commander, general david petraeus, just confirmed today, unanimously. catching up over wood-grilled shrimp and chicken. and with lunches starting at just $6.99. it s an hour you wouldn t trade for anything.

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