in america officially is 14 million people. the situation is getting dire. but i want to give you a bigger perspective. it s hard to live in the moment and make decisions. let s go back to the beginning of 2009. that s when president obama first took office. we were losing in excess of 700,000 jobs in the month that he first took office. through 2009, things looked to get substantially better. according to experts, the recession ended in 2009. 2010, boy, we were building in the beginning of the year and then started to lose jobs again. and then we started to get the shaky job creation record at the end of 2010 and into 2011. look at august. there s supposed to be a bar, either a yellow one that said we created jobs or a red one that said we lost jobs. but there s nothing there because we had zero jobs created. ken rogoff former economist for the imf. what does this mean? have we stagnated? clearly we re stagnating. the employment numbers have been getting weaker and weaker
and at 3:00, we ll talk to general russell honore. plus fredricka s interview with tiger woods. i m alina cho. see you in one hour. your money starts right now. i m ali velshi. no economic issue is more important to americans than jobs. here is the latest. we had a jobs report come out for the month of august, no new jobs were created in america in august. the unemployment rate, which was 9.1% before we got into this remains at 9.1%. stubbornly high. the number of unemployed people in america officially is 14 million people. the situation is getting dire. but i want to give you a bigger perspective. it s hard to live in the moment and make decisions. let s go back to the beginning of 2009. that s when president obama first took office. we were losing in excess of 700,000 jobs in the month that he first took office. through 2009, things looked to get substantially better. according to experts, the recession ended in 2009. 2010, boy, we were building in the beginning of the