increase in unemployment rate that, is a survey of households. that found that employment fell. so all i m saying is that we re not out of the weeds yet at all. the only thing i agree with almost everything that you said. look, i m a growth guy. i agree with you that growth solves almost all problems. it brings the deficit down. it puts people back to work. hopefully leads to higher wages. but when you went through that how the chain of how jobs help the economy, you left out an important part, ali. it starts with the employer. and my problem is that what we ve done under obama over the last 3 1/2 years is really punished employers with taxes, regulations, and iyou don t have an employer, you don t have the job that gets the chain started in the first place. all right. i want to bring in christine romans. tell us what we re talking b break down friday s jobs numbers for us starting with private sector hiring, the thing we count on, the thing that stephen is talking about,
taxes and deficits when she should be focused on how to create the best environment for job creation, job creation is the single most important matter facing america right now. not taxes, not deficits, not debt, and not health care. in july the unemployment rate ticked up to 8.3%. don t worry too much about. that look at the right side of your screen. 163,000 jobs were added to the economy. but 12.8 million americans are still without a job and looking for work and close to a third of those who are employed hold lower paying jobs with little hope of wage increases any time soon. now in a real storm the worst thing that can happen is you lose your home. in an economic storm, the worst thing that can happen is you lose your job. lose your job and you lose the tool that helps you prosper. if others lose their job, that keeps your wages low. without real job creation, america cannot prosper. here s why jobs are more important than debt and deficit and tax reform. when you have a