erin burnett. and the market looking for the slightest bit of good news, and got a little bit today and surged. the dow is up 213 point, the reason, the jobs numbers for july was better than anyone was looking for. the total number, 163,000 jobs created last month. the prediction was 100,000. we need about 125,000 jobs created per month, just to keep up with population growth. so this report does that. but look at the rest of the year. i mean, we haven t been able to clear that hurdle since march. it s been a really grim stretch. so there was a little bit of relief today. the bottom line is this. the american economy only has to add another 316,000 jobs to get back to where it was in january 2009 when barack obama took office. now, that would mean that he breaks even. but remember, in january of 2009, the economy was in a really bad place, and what he needs to do to make people feel really good, like the economy is recovering, is not only to break even for himself, but get ba
erin burnett. and the market looking for the slightest bit of good news, and got a little bit today and surged. the dow is up 213 point, the reason, the jobs numbers for july was better than anyone was looking for. the total number, 163,000 jobs created last month. the prediction was 100,000. we need about 125,000 jobs created per month, just to keep up with population growth. so this report does that. but look at the rest of the year. i mean, we haven t been able to clear that hurdle since march. it s been a really grim stretch. so there was a little bit of relief today. the bottom line is this. the american economy only has to add another 316,000 jobs to get back to where it was in january 2009 when barack obama took office. now, that would mean that he breaks even. but remember, in january of 2009, the economy was in a really bad place, and what he needs to do to make people feel really good, like the economy is recovering, is not only to break even for himself, but get ba
over there, hiring locals and using that american degree to compete against us. what gets me so ticked off is the hypocrisy, the disconnect between how we claim to value work and then seem to stack the deck against it. now, before i am branded some neotratskyite socialist by sarah palin, we should all agree that work isn t limited to working for someone else, it includes working for yourself or owning a small business. work is the essence of real capitalism, taking a risk and building something. but even there, these days, banks made capital available to the conglomerate, not so much the start-up. there are tens of millions of cal ripkin jr. kikin juniors i country right now. men and women hungry for work, for that chance to show up every day and make a difference. this is america. we live to work. i just want us to do a better job of showing we mean it. thomas? all right.
getting paid far below their skill level, the unemployment rate is much higher. work. it defines us. if we re lucky enough to have it. when someone asks, what do you do? they re really asking about your role in society. teacher, firefighter, construction worker, nurse, lawyer, doctor. these aren t just jobs, they re statements about who you are, how you spend most of your waking hours. work. we even glorify the work ethic in sports. who can forget in 1995, when baltimore orioles third baseman, cal ripkin jr. broke lou gehrig s record of 2,130 consecutive games played. the fanfare that night at camden yards, the celebration. all in honor of a guy who showed up to work every day, every game, no sick days, no time off. what a hero. so you would think with all this celebration of work in the usa, we would be all about rewarding
clear they oppose everything from bank foreclosures and job shortages to corporate influence and greed. now several labor unions are endorsing the occupy wall street movement and plan to join protesters today. we go live to wall street. susan, what s the latest on the unions getting involved? have you seen any union members there? reporter: yes, some of them are showing up here randi at this public park. this park population has been steadily growing as the morning goes on. and they expect upwards of they re saying tens of thousands of people. of course, they have made many predictions in the past about how quickly and how many people will show up at various marches. this one they insist will be different. they have a permit to march from here over to a park near city hall. they plan to gather there and then come right back here to wall street to this public park. and they chose this spot for a reason. they could have gone down to times square and might have attracted mor