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Where are the 'new' jobs?

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  • Description

    Because You Asked: Liz Claman crunches the employment numbers

  • Duration 3:32
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So new jobs numbers out today down -- -- but only a -- America three to 67000.

Americans.

Filing for first time benefits last week but the number of from the previous week revised.

Higher.

That brings us to be -- because US that a lot of questions.

Market Roger right.

The White House claims four million jobs treated by the -- -- -- administration yet monthly employment figures have been lower in the unemployment rate has stayed above 8%.

Where are all the new jobs.

She's never was claiming here it's venture a guess -- -- doing business in restaurants a good question fla.

What we are seeing job creation remember it's just again.

The last two months have been really disappointing -- and that's the problem because.

We started to get a little -- south they're starting back in November we afford decent months where.

The number of jobs that were created actually were better than expected and then suddenly march and April looked.

Really bad but we still -- create your hunch about that because we -- seeing a trend in January and and insist that time's gone the other way.

What people went to the weather believe it or not you know on the East Coast would barely had any storms I mean it's no Watson October and I think -- -- -- the legitimate part of that is people started hiring in November December January and then they have to steal from march and April that's that's what.

A lot of economists after a couple numbers actually get an explanation here's with the administration says job growth.

Last 45 months a little more than four million.

Jobs in America total jobs lost since January of 09570.

Pounds.

The simple fact is that private companies are hiring not at the pace we need them to that would keep pace with the population growth.

But the problem becomes and some people don't see this as a problem actually.

But government has started to lay off people these are both -- state local and federal government numbers.

So when you super impose private companies hiring.

-- job losses at the government level teachers and government workers.

It starts to get -- a little bit darker movies these governments -- -- money right of the city -- -- finally able to hopefully I mean that a lot of that we wanted to there's wrap up that wasn't a lot of what kept them up here a little bit was that stimulus money well we sure that's dried up -- stimulus money has dried up there and pieces of the stimulus package still coming through.

But sure -- started to see governments layoff and every time you see that there was hiring -- -- health care sector and manufacturing actually had decent hiring the last time around.

You also see that governments were laying -- people.

So that that seems to be part of -- here's another number not in the labor force.

Since January of 2009 an additional eight million Americans these are people who are giving up looking.

So so there are not counted them they're not filing for jobless claims they are.

There -- just an active -- -- on exactly going back to school this eight point 1% rate is questionable because.

The underemployed people who were working but not at the -- or that the pay that they were is way higher than that way higher than that.

However when you also look at that number they take into account people who left the workforce and stopped looking.

-- -- people who actually could work they've just stop working because they're either.

That's upset about it went OK that's a remarkably number two tickets on -- -- -- gently -- -- -- and back in studio to our viewers do you have a question.

I just need one line there -- -- question today hammered foxnews.com.

Are also on Twitter at Bill Hemmer because US speedway -- thanks in the.

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