and that cost the economy 45,000 jobs. so you add that in, private sector job creation was probably closer to 50k. that's very disconcerting. we need to create somewhere between 10 and 150k per month just to maintain a stable rate of unemployment. something closer to 200k plus per month to bring down unemployment. we are a long way from anything anyone would be comfortable with. >> mark, i know it mibl hard to find in these numbers, is there a silver lining? we've had 30 minutes to look through them so this is a first cut. is there something if you're the obama administration, that you've got a talking point this friday or not? >> well, the key thing here is businesses aren't laying off workers -- they're laying off workers but not at an accelerated race. they're not doing that yet. they just simply stopped in their tracks. if policymakers including the administration, congress, the federal reserve can act