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Transcripts For CSPAN Washington Journal Mark Zandi 20180214

Guest i think the correction in the stock market, at least so a typical gardenvariety correction in the equity markets. We see that once or twice a year. Longer thane bit normal. The last correction was over two years ago but this feels very typical to me. Decline, the price prices are just back to where they were at the end of last year and beginning of this so no big deal, at least so far. Host what are your criteria for good Economic Times . Guest i think what matters most to most peoples jobs. And recruiting lots of jobs, created a couple of million last year, about the same as the year before and the year before that. The American Economy has been a job machine since the economic recovery began almost nine years ago. When you are creating 2 million jobs per year, that is more of a growth of the number of people looking for work so unemployment and underemployment continue to decline for stub both are now pretty low by historical standards. The Unemployment Rate is just over 4 . It

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