CNN Your Money May 4, 2013 18:03:00
Sequester jobs report? >> very little evidence. the part we started to see was federal jobs did outpace the loss in state and local jobs and that's completely the reverse of what we saw last year, so now you're seeing the federal government become the headwind as the state and local government cuts. that's bad news that we're losing federal jobs in terms of overall jobs number. and the sequester, it cascades over time. it's not something -- the sky is falling is not how the sequester worked. we'll see these effects multiply as we move into these next couple months. >> we're starting to see the...