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that unemployment according to new report is 14.7%. that s a lot of americans that can t find jobs. that is one out of every seven. jenna: mike, one of the other questions we re getting what is keeping hiring down? you talk to a lot of folks every week on wide variety of industries. is it regulation? is it the fiscal cliff? higher costs? not enough skilled workers? we re hearing a lot of variety of things from the campaign trail. what do you lear. i don t think there is smoking guns. i don t think a u.s. economy growing less than go% where we are would suggest much job growth than we ve seen. the world is in a slow path to say the least. this overhang of political uncertainty and potentially fiscal cliff at the margin maybe one more excuse not to do any hiring. firing levels have stopped. there is not a layoff wave going on here. it is all about companies nursing themselves with what they have. if you tell the average business person the economy will be 1.7% bigger next

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