Page 33 - Tobin Smith News Today : Breaking News, Live Updates & Top Stories | Vimarsana

murphy. okay, todd, we saw gas prices jump during the arab spring last year. how bad is this going to get. >> it's going to get horrible. first of all like you said at the top. we're at a record high this time of the year and start talking about the violence that's taking place in libya and oil based countries right now and you have to only assume at that this is going to spread. this is going to continue to move higher and this is something the u.s. economy cannot afford right now because they're looking at higher prices at the pump. less money to go out and spend. >> brenda: steve,...

jump during the arab spring last year. how bad is this going to get. >> it's going to get horrible. first of all like you said at the top. we're at a record high this time of the year and start talking about the violence that's taking place in libya and oil based countries right now and you have to only assume at that this is going to spread. this is going to continue to move higher and this is something the u.s. economy cannot afford right now because they're looking at higher prices at the pump. less money to go out and spend. >> brenda: steve, we are seeing that supply could drive...

jump during the arab spring last year. how bad is this going to get. >> it's going to get horrible. first of all like you said at the top. we're at a record high this time of the year and start talking about the violence that's taking place in libya and oil based countries right now and you have to only assume at that this is going to spread. this is going to continue to move higher and this is something the u.s. economy cannot afford right now because they're looking at higher prices at the pump. less money to go out and spend. >> brenda: steve, we are seeing that supply could drive...

we dig beneath the surface, the situation is much worse than the headline data suggests. we know that the underemployment rate, a comprehensive data level is 15 mers in this country and know that the labor participation rate, a reflection of whether people are actually looking for jobs is at its lowest level since the early 1980's, their wages are barely keeping pace with inflation. >> how are we going to get better, larry. it's only a half hour show. >> how we're going to make it better by getting the unskilled workers skills for. that's how we're' going to make it better. >> brenda...

above 8%, what is it going to take to get the job market roaring back? >> sure, well, the president's jobs plan is just not cutting it, and you know, we know when we dig beneath the surface, the situation is much worse than the headline data suggests. we know that the underemployment rate, a comprehensive data level is 15 mers in this country and know that the labor participation rate, a reflection of whether people are actually looking for jobs is at its lowest level since the early 1980's, their wages are barely keeping pace with inflation. >> how are we going to get better, larry....