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Jobs Lag News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Detailed text transcripts for TV channel - CNN - 20100418:19:48:00

hard to turn around but once it s moving. but once we change course and we see the horizon in the right direction, we do get excited about it, hal. it s true. i have to tell you, i m much happier reporting on the potential for good economic news than i am of the likelihood of a bad economy. no question. i certainly see more grins around this place than i did the last time we talked about this particular issue. and then, gee, what was the number last year about this time in the stock market? nearly half of what it is? yeah. we re up 16%. i would hardly call that a green shoot even. i would call that a full-blown forest, god s tear on eden. jobs lag behind. that s always the case. it will be a big, important issue. but i don t think you can disregard it. i would say part of the issue is that it doesn t all seem fair. it doesn t seem fair when the economy s going down or when it comes up. i think that s part of how you contextualize it.

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