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Detailed text transcripts for TV channel - FOXNEWS - 20120803:13:02:00

stuart. technically that is called u-6. that unemployment rate includes those who are unemployed. those involuntary littlely doing part-time work and those who left the workforce. that rate is now 15%. one in seven roughly of the american population? that is a very high number and it went up in the month of july. bill: how many people dropped out of the labor force? 1505,000 people. bill: that is almost the equivalent of the jobs that were added. explain how that works. that is how it works 155,000 people stopped looking for work. they dropped out of the labor force. here is an interesting statistic, bill, fewer people are working today as worked on the same day the year 2000. even though the population has gone up 11 million people. this is a america is not fully working. bill: let s look at history and goo back 32 years. compare the recovery so was happened in the early 1980s

Unemployment-rate
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Sau-6
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