Detailed text transcripts for TV channel - MSNBC - 20150704:11:25:00
Gone flat. joining me is regina lewis. let's start with add and subtract. >> unemployment actually dropped to 5.3% 223,000 jobs were added which does surpass the psychological threshold of 200,000. wages were flat. not good. participation rate actually went down so that's the subtraction piece of the equation. with more than 400,000 people opting out of the work force. some of that is demographic, baby-boomers retiring. one idea floating around is many it's indicative of this tale of two americans. an an extended family one person an engineer making six anythings everybody else minimum wage. i...