Glass half empty or half full for economy?

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-- Fox News alert new jobs numbers this morning signaling a struggling.

I economy US employers -- -- 96000.

Jobs last month.

Job creation now trailing last year's pace when you look at the first eight months this year which is the information that we have.

The Labor Department says -- unemployment rate is down is down to eight point 1% but only because more Americans.

Gave up looking for work Steve Moore is a senior economics -- the Wall Street Journal.

-- big news today but only a snapshot of just one month what's most important headline -- Well John you gave the half glass half full which is that the unemployment rate actually did -- that's a very positive thing.

That negative -- the glass half empty scenario is that.

If you're right the unemployment rate dropped because more more Americans dropped out of the labor force that you know that 96000.

Jobs number.

It may sound good to people but we number -- we need about a 150000.

Jobs a month just to keep pace with the natural.

Growth of of the labor force when people -- -- report from graduating college or or new immigrants so it was a pretty discouraging report.

Coming just ten hours after the president gave his -- speech last night talking about how the economy is improving.

And we're gonna move forward that these aren't the kinds of numbers that most Americans wanted to see.

Steve thank you very much name going to be taking some questions from our viewers are you have some good ones and Twitter including -- -- -- -- from -- wants to know why you know why is a labor.

For shrinking is it just because of retirement Lee has that question so we'll -- couldn't get an answer in about 45 minute Steve thank you thank you --

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Glass half empty or half full for economy?

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