WATCH: Santelli Battles Liesman Over Bogus Job Numbers
Mar 8, 2013 at 6:59 PM
DailyBail in QE, QE3, Rick Santelli, bernanke, bernanke, cnbc, cnbc video, cnbc video, fed, federal reserve, job numbers, markets, qe, quantitative easing, rick santelli, steve liesman

'Get the Fed out of the market!'

'When are markets going to be normal again. When is Bernanke going to stop!'

Santelli and Steve Liesman discuss the jobs report this morning on Squawk Box.

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Today's Job Numbers

If you count those discouraged workers and involuntary part-timers as unemployed, the unemployment rate jumps to 14.3%, according to BLS.

Here's the official U-6 data from BLS:  http://www.bls.gov/news.release/empsit.t15.htm

Update on workers not officially counted by BLS:

RECORD 89,304,000 NOT WORKING...

Record 89M Americans 'Not in Labor Force' -- 296,000 Fewer Employed Since January

FEB JOBS NUMBERS...

+236,000...

7.7%...

WHITES: 6.8%...

HISPANICS: 9.6%...

BLACKS: 13.8%...

TEENS: 25.1%...

Sources:

http://blogs.wsj.com/marketbeat/2013/03/08/live-from-new-york-its-jobs-friday-23/

http://finance.yahoo.com/news/us-adds-236k-jobs-unemployment-133137454.html

http://www.weeklystandard.com/blogs/77-percent_706624.html

 

 

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