underscore you and i are still proponents if you have a college degree your chance of being unemployed in this changing dynamic mi is greater but there really are great options for you. there are and, you know, if you have an advanced degree the unemployment rate is something like 2.9%. people with a lot of skills coupled with the big fancy education, they re doing just fine in this economy but the question is, ali, the millions of people who respect and what are they going to do in the near term? there is a bigger question about this pay gap or this jobs gap rather and i wanted to bring you this economic policy institute chart that a lot of people have been talking about today. this is a graphic representation of how far behind we are. that red line, if we were just to stay steady and add the right number of jobs to absorb new people into the labor market, that s where we should be. the red line is where we should be and the yellow line is where we are. in that september jobs report
lohan in court this afternoon. a judge could send her to jail for violating her probation. the american teenager and the jobs gap. good morning, everyone, i m tony harris. those stories and your comments right here, right now in the cnn newsroom. we are talking about a dangerous heat wave blanketing the middle east to the north atlantic from boston to the nation s capital. the worst is expected today. there will be triple digit record-breaking temperatures. the heat is especially tough for those working outside. it s tough. very hot, very hot. i have one more stop then i go home, take a how isser and relax. you have to. it is the dog days the summer and even the dogs are trying to stay cool. nicole collins and jim acosta look at what people are doing to
may prove to be worse in the end that we re crawling out so slowly. as your graphic showed, we ve made progress but not very much progress on this jobs gap. and what s the reason for that? well, i think there are there s no short answer to that. one is the ruination of the financial system which has made borrowing and credit very difficult to do. one is the sheer depth. another is the running out i don t want to say running out but the using up of all the heavy artillery by the federal reserve and needing more. now they are down to light machine gunfire and, you know, they are headed for bebe guns. you know, they will do everything that they can, and finally, contrary to what a lot of people think, the relative timidity of fiscal stimulus relative to the problem. it was big in an absolute scale, but the problem was enormous. and something people neeo to understand because the republicans typically attack, you know, the socialist obama-like stimulus, but mainstream economists