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CNN CNN Newsroom October 28, 2020 18:44:15

Transcripts for CNN CNN Newsroom 20201028 18:44:15
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CNN Wolf June 6, 2014 17:17:00

The unemployment rate stayed study at 6.3%. how many jobs do you have to create in a month in order to see that 6.3% number go down? you need job growth of over 200,000 definitely from here on ought to start seeing a real dip. but that workforce participation number we sometimes talk about is really crucial here. the workforce participation rate is the amount of americans that are actually participating in the labor market. that s now below 63%, which is as low as it s been since 1979, which is when women started coming into the workforce en masse. so that number affects the overall employment number. we need to get participation up. sometimes when it rises, uemployment can rise too, but it doesn t mean it s a bad rise. it s something statisticians talk about. the bottom line is we need more people in the labor market. we also need wages to tick up to have a real robust activity. we have a new poll that finds ....

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CNN CNN Newsroom January 10, 2014 14:03:00

Good news. so, what do lawmakers and the president need to do? well, it s really interesting. i had an interview this week in time magazine, the first interview with the federal chief janet yellen and she s going to be looking carefully at that workforce participation number that christine was talking about. it s as low as it has been since the 1980s before women really entered the workforce en masse. as long as it remains this low you ll see the fed which has been doing a big money dump into the economy continue to pare that back slowly. you ll hear a lot of talk about getting wages up. the president has made inequality a big topic. i think you ll see all policymakers really thinking about how can we get that unemployment number lower so wages can get up and consumers can start spending which is what generates job growth in this economy. david wessell, thank you very ....

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