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CNNW Erin Burnett OutFront August 4, 2012

the dow is up 217 points, the reason, the jobs numbers for july was better than anyone was looking for. the total number, 163,000 jobs created last month. as you can see, the prediction was 100,000. we need about 125,000 jobs created per month, just to keep up with population growth. so this report does that. but look at the rest of the year. i mean, we haven t been able to clear that hurdle since march. it s been a really grim stretch. so there was a little bit of relief today. the bottom line is this. the american economy only has to add another 316,000 jobs to get back to where it was in january 2009 when barack obama took office. now, that would mean that he breaks even. but remember, in january of 2009, the economy was in a really bad place, and what he needs to do to make people feel really good, like the economy is recovering, is not only to break even for himself, but get back to where we were before the financial crisis. and to get there, he needs another 4,700 ....

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CNNW Erin Burnett OutFront August 4, 2012

erin burnett. and the market looking for the slightest bit of good news, and got a little bit today and surged. the dow is up 213 point, the reason, the jobs numbers for july was better than anyone was looking for. the total number, 163,000 jobs created last month. the prediction was 100,000. we need about 125,000 jobs created per month, just to keep up with population growth. so this report does that. but look at the rest of the year. i mean, we haven t been able to clear that hurdle since march. it s been a really grim stretch. so there was a little bit of relief today. the bottom line is this. the american economy only has to add another 316,000 jobs to get back to where it was in january 2009 when barack obama took office. now, that would mean that he breaks even. but remember, in january of 2009, the economy was in a really bad place, and what he needs to do to make people feel really good, like the economy is recovering, is not only to break even for himself, but ....

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CNNW Erin Burnett OutFront August 3, 2012

erin burnett. and the market looking for the slightest bit of good news, and got a little bit today and surged. the dow is up 213 point, the reason, the jobs numbers for july was better than anyone was looking for. the total number, 163,000 jobs created last month. the prediction was 100,000. we need about 125,000 jobs created per month, just to keep up with population growth. so this report does that. but look at the rest of the year. i mean, we haven t been able to clear that hurdle since march. it s been a really grim stretch. so there was a little bit of relief today. the bottom line is this. the american economy only has to add another 316,000 jobs to get back to where it was in january 2009 when barack obama took office. now, that would mean that he breaks even. but remember, in january of 2009, the economy was in a really bad place, and what he needs to do to make people feel really good, like the economy is recovering, is not only to break even for himself, but ....

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