full-employees benefits and such. last week, he said he s been looking at tax receipts and some other indicators and think there will be a sharp hiring push later this year. there are others who are saying companies cut so dramatically, that they are going to have to if the economy gains traction, they ll have to hire back pretty consistently. labor economists tell me there s this long-term unemployed that have been out of work six months or longer that are really out of luck right now this this recovery. there just really aren t the opportunities for them. you mentioned the contract workers. i think we have a record-high percentage of our labor market right now are contract workers. meaning freelancers? no benefits, no job security. they have to pay taxes four times a year, don t get unemployment benefits if they lose a job. it s not the big solid kind of
recession and to absorb the new workers coming into the workforce. last month the economy lost 85,000 jobs. we still have a long way to go. we ll know friday how the month of january was for the unemployment rate and the jobs loss. even the numbers coming down, there are so many people out there hurting. i have to tell you, there is this minority view that they cut so sharply that when things turn around they re going to have to hire aggressively. you hope some companies will have to hurry up and hire fast if the economy gains traction. next on the most news in the morning, the best of the best will be in vancouver for the winter olympics. we re not talking about the athletes, but those coming to keep the athletes safe. jean meserve will have a look at the massive security involved. 25 minutes past the hour. [ playing mary had a little lamb off-key ]