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Detailed text transcripts for TV channel - MSNBC - 20110108:14:07:00

After it had been as high as 10%. 0.4% drop for december over november, certainly good news for all involved. although the picture is muddled, alex. part of the reason it dropped is so many people have simply quit looking for work. they re not on the rolls any more. they re not getting unemployment insurance. but the president is emphasizing the positive. 12 months of private sector growth, although it s not significant. just over 100 tlous jobs added in the private sector to bring down the number of unemployed in this country, still around $15 million. the president talking about some of the tax initiatives that he s taken. unemployment insurance and a payroll tax for everyone, but yesterday he was out in suburban, maryland, at a window manufacturer touting some of the energy efficient tax cuts if you ....

Alex Witt , 0 4 , Unemployment Insurance , Tax Initiatives , 15 Million , 5 Million , Tax Cuts , Payroll Tax , Window Manufacturer ,