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Jerry linden and global chief investment officer for morgan stanley investment management. great to see you. 162,000 jobs added sounds like a lot. let s put it in perspective, you and me, 51 consecutive months of growth to make up for the lost jobs since the recession begin. is it a bit premature for larry summers to say the jobless trend has turned? most economists you need between 125,000 new jobs created per month to hold the unemployment rate from going higher because of new people entering the work force at any point in time. so it is an interesting number that has come back off where the high was at 10 on the unemployment rate. we re starting to see some job ....
hello. gregg: i m gregg jarrett. welcome to the news headquarters. topping the news, a brazen murder at a restaurant in los angeles leaving four people dead. a gunman still on the loose in what police are calling an intentional act. homicide bombers detonate a series of bombs near four embassies on sunday killing dozens of wounding nearly 200. and catholics around the globe are using easter to address, apologize and acknowledge the damage caused by a sex abuse scandal leading cardinal making unscripted comments about pope benedict. we ll go live to the vatican for the latest. turning first to the economy. unemployment still holding at 9.7%, translating to 50 and they are saying we have long way to go before unemployment numbers are back down. and white house says there is crucial issues with currency practices with. what are the key economic advisors saying about getting back to work? the top economic advisor says it s the presidents preoccupation to put peo ....