Employment. So i dont have a precise estimate, but every three months all of the participants in the fomc fill out a survey and indicate what they think the normal longer run level of unemployment is. In our most recent survey in september, the range of opinion was 5 to 6 . Okay. Tell me, what do you believe the real Unemployment Rate is today . Well, the measured Unemployment Rate is 7. 3 i know the measured Unemployment Rate. That wasnt my question. As weve discussed previously, we have very high incidents of involuntary, parttime employment. We have all too many people who appear to have dropped out of the labor force. I dont want to belabor this Committee Hearing any longer than what i have to. Would you agree that it is at least close to or probably over 10 . Certainly by broader measures, it is that high. Would you also agree that right now in america, we have the greatest income disparity that we have had since the Great Depression, right before the Great Depression . Weve had w
Afternoon when he bailed out of his car and ran off. The search is ongoing on the ground. As you can see on the air as this is all focused on the areas around the parkway. Mitchell is considered armed and dangerous. Right now a vigil is starting to form outside a d. C. Fire station where a man collapsed and died last month. His family claims that the firefighters across the street did nothing to help him. Surae chinn is live in northeast with more on what the family is asking for tonight. Tell y this is expected to be an emotional night. Right now the son, he is talking with the group who has gathered here at the community, who are holding this vigil. The 77yearold was a fixture in d. C. , who spent 50 years nearly with the parks and rec department, a shriner, a mason, a navy war vet who died on this sidewalk across the street from the fire house where firefighters are accused of not helping him. While earlier today a press conference with the familys attorney, they are not talking abo
Her entire life. A caretaker was also shot and suffered none life threatening injuries. A third apparently nonlife threatening injuries. A third person at the home was unharmed. You cant help but wonder. Reporter the randomness has neighbors shaken, the shooter who they describe as an elderly balding white male with gray hair and full beard, did not know the women. Those who knew lodato knew a good friend and neighbor. Shes a very nice lady and very were jettic. Reporter lodato had several friends in the neighborhood who were still too broken up to go on camera, but they tell us she was a music teacher who taught dozens of children from her home. Friends say shes the last person theyd expect this to happen to. Andrew brulet just moved into the neighborhood with his family and said this is the last place to expect a murder. Cant let it define what it will be like living here, 1 random incident, hopefully not a defining moment. Reporter alexandria is not typically used to dealing with ma
Drilling. Now we will go live to the house floor here and cspan. Guest pleased to be here. Host you are here to talk about the Electoral College. The election wrapped up over a month ago. Why are we talking about the Electoral College and what happens today . Guest this is the next step in the election. The Electoral College is not a place but a process. Today is the process where the electors get together in each state, and they go through a complex process. But it is generally managed by the secretary of state or some other officials, and they give their votes for the electors in that state for a particular president. President obama has 332 Electoral College votes and romney has 206. So in the states where romney won, those electors will vote for him. And in the next step is for them to send it to six different places in washington, d. C. , but the main thing is they send a record of this to the senate. The senate than tallies them, puts them in two mahogany boxes. One box and they