Detailed text transcripts for TV channel - MSNBC - 20110318:13:42:00
Over the coming year. that's nearly twice as high as it was just three months ago. steve liesman is cnbc's chief economic reporter. steve, what's the take-away out of all this? >> the take-away is how astonishing these results were. it floored me. we had this really interesting blip up, positive blip, in december, and then to see these numbers rocket down like this, i think the take-away is as follows. one of the things we saw was that people's expectations for their wages have pretty much crashed. we have the lowest reading ever for expectation for wages for the next 12 months. down 1.1%. the...
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