be hundreds of thousands leaving the workforce every month. the labor participation rate continues to decline. the question is what does this mean for the president considering this is his economic plan? let s add a few more numbers in as long as we are on it. 23.2 million people unemployed working part time but seeking full-time work or so discouraged they dropped out of the work areforce. 8 about percent or greater unemployment for 40 months. longest period since the great depression for are high unemployment. 5.7% unemployment is where president obama told us it would be today. so we are almost 50% higher than he told us it would be if we just passed the stimulus bill. 5.4 million people unemployed long-term. up from 5.1 million. the average workweek down to 34.4 hours. not good if you are being paid by the hour. 522,000 people lost their jobs net since the president came into office and at this pace of job recovery it will take us five years to get back to the
69,000. be hundreds of thousands leaving the workforce every month. the labor participation rate continues to decline. the question is what does this mean for the president considering this is his economic plan? let s add a few more numbers in as long as we are on it. 23.2 million people unemployed working part time but seeking full-time work or so discouraged they dropped out of the work areforce. 8 about percent or greater unemployment for 40 months. longest period since the great depression for are high unemployment. 5.7% unemployment is where president obama told us it would be today. so we are almost 50% higher than he told us it would be if we just passed the stimulus bill. 5.4 million people unemployed long-term. up from 5.1 million. the average workweek down to 34.4 hours. not good if you are being paid by the hour. 522,000 people lost their jobs net since the president came into office and at this pace of job recovery it will take us five years to get back to the
69,000. be hundreds of thousands leaving the workforce every month. the labor participation rate continues to decline. the question is what does this mean for the president considering this is his economic plan? let s add a few more numbers in as long as we are on it. 23.2 million people unemployed working part time but seeking full-time work or so discouraged they dropped out of the work areforce. 8 about percent or greater unemployment for 40 months. longest period since the great depression for are high unemployment. 5.7% unemployment is where president obama told us it would be today. so we are almost 50% higher than he told us it would be if we just passed the stimulus bill. 5.4 million people unemployed long-term. up from 5.1 million. the average workweek down to 34.4 hours. not good if you are being paid by the hour. 522,000 people lost their jobs net since the president came into office and at this pace of job recovery it will take us five years to get back to the
thanksgiving. that s the good news. but it is going to be just as crowded as ever. airline industry actually expects 23.2 million people in its planes this year. that s 37,000 fewer than last year. about 2% less. the airlines have reduced the number of seats available. the busiest travel days will be sunday and monday after thanksgiving and the friday before as usual. as always. stay out of the airports. uh-huh. here s a look actually best day to travel is on thanksgiving. save some bucks. a look at the weather. clouds in the northeast and midwest. showers in the morning. deep south will warm up. also some rain in the western plains and across most of california. good weather for your flight back today. and some of the higher elevations gets this los angeles county may see a little white stuff. don t say that. it will reach 57 in baltimore. 51 in boston. 54, chicago, indianapolis. 53 in detroit and omaha. only 65 in albuquerque and 58 in
contributions to those in combat and higher risk positions. now, earlier today, defense secretary leon panetta warned that cut morgue than $400 billion set aside in the debt deal would be disastrous but with a deficit of this size,รง everything has to be on the table. it is the kind of thing that you have to consider in terms of the retirement reforms in the broad form. when is the decision well, you have to do it, frank, in a way that does not break faith with thep troops and the families. and joining me now is u.s. military analyst jenb ral barry mccaffery. should this be on the table? yes. every agency of government has to get a zero base look and this is a $526 billion a year program and the department of defense has 23.2 million people and 45% of the costs are people. now having said that, richard, we are right in the middle of a war. a lot of the mid-career