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Transcripts For CNNW Your Money 20120603

of data. you like to see the trend for markets and economics. after three months of 200,000 jobs created or more, people are saying, look, it s healing. things are going to get better. the rearview mirror is a slow jobs recovery. then you have a stall here. when your biggest customer has countries in it that are in recession, that doesn t mean if you re a big company in this country you wan to be adding a lot of workers. that could be a big bart of it. i want to look at the private sector of public sector jobs. 82,000 private sector jobs created. 13,000 public job sectors lost. there s the tug of war for the economy. the private sector trying to create jobs. the public sector losing jobs. you ll hear people in the gop say, look, this shows the president s policies aren t working. the problem is what is the answer to that? if the president s policies aren t working, how do those cutting spending fit into the equation? cutting spending will mean more public sector job loss,

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