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Transcripts For CNNW Your Money 20120205

where are those jobs? let me show you how it breaks down. of the 243,000 jobs that were created, 257,000 jobs were created in the private sector. that s where everybody wants them created. you subtract the jobs that were lost by the government, 14,000, and you end up with that number, 243,000. let s talk about this with diane swonk, a chief economist, and with will cain and my good friend richard quest. what a treat to have all three of you with me in the studio. diane, these numbers are very strong. there s a disconnect between what some of our economic numbers and forks say and what the american consumer has been feeling. the american consumer has been telling us they have been feeling a little more energized about this economy and nothing helps them more than jobs. absolutely. this number is good and i want to underscore any way you cut the data, there s noise in it. you can take away some of the noise. we had people playing golf in chicago in january. that just do ....

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Transcripts For CNNW Your Money 20120204

it is the number one hurdle in this economic recovery and everyone knows it. this country has got to get people back to work. welcome to your money. i m ali velshi. the latest jobs report is excellent, period. here s the breakdown. in the month of january, we created 243,000 jobs. take a look at this. from january of last year all the way, we had great job creation for the first few months of last year. then it cratered in the summer. still not a lot of jobs but it cratered and we ve been building back since then. now 243,000 jobs in january. where are those jobs? let me show you how it breaks down. of the 243,000 jobs that were created, 257,000 jobs were created in the private sector. that s where everybody wants them created. you subtract the jobs that were lost by the government, 14,000, and you end up with that number, 243,000. let s talk about this with diane swonk, a chief economist, and with will cain and my good friend, richard. what a treat to have all three ....

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