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RNC Chairman Reince Priebus on the current unemployment rate and what it says about the administration’s abilities to create jobs.
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Rose -- -- -- economic hardship -- economic case people are at risk of losing their home orders.
-- -- There are concerns about jobs being shipped overseas.
Figure out how to save money for retirement symptoms they're trying to make home.
-- -- I don't have this done in three years then there's going to be a one term proposition.
Why don't think they're better off than they were four years ago.
That -- greeted President Obama during his visit to bear the other day is the campaigner in chief living up to his promises to me now -- its previous chairman of the Republican national.
He rents what do you make of the new unemployment numbers just released today that big drop in unemployment.
Let let's go to their first -- Well good evening America happen to be well you know I think -- if if you're being intellectually honest about it.
Many only good news about it is that you know I guess you could say it points six is lower than nine point zero but that's -- As a number that's about all you -- because the reality is as we've been.
Digging in through that the numbers today.
Is that 300000.
People just decided to throw their hands up in the air and say look.
This economy's so bad.
That I'm not even going to file.
With the Department of Labor and tell them that I can't find a job which is what that number represents and they just said -- It's not worth it anymore you know I think.
If you add in.
The 300000 -- decided not to file and is aired these and it is not good news and this is nothing for the administration to brag about.
And more they're more of the same old story with this president numbers in the tank and he's -- campaign but let.
Let's step for a second chairman wanna put this put this up on hold this up that's you take the -- legal all of -- color Obama Fuzzy math.
US workforce is a 153 million people in the US workforce.
The changing the unemployment rate four tenths of 1% that would mean if you do the math on that.
That would mean that we are looking for 6121000.
New jobs the actual number chairman is a 120000.
New jobs.
I'm still looking for 492000.
Jobs you tell me there's 300000 people who said forget it I can't find when I'm not even applying.
That -- almost 200000.
Jobs that either.
I have gone -- -- they're playing with the numbers my friend.
Well.
And that's why that it's important for people to remember that when they see that percentage number even -- -- -- -- when it was at 9%.
Nine point one.
It only represents.
The percentage of employees.
That are saying I can't find work and I'm filing.
With the Department of Labor there's an entirely.
Another universe of people.
That aren't filing anything and they just given up and those numbers.
Are really staggering channel -- wanna you wanna well what.
I think from -- have been following these numbers for the better part of 25 years.
Then one of the best indicators of how healthy.
The job market really is this the amount of time people spend on unemployment deal that it's called duration -- kids in the BLS.
The duration what mr.
Obama took over was nineteen weeks in the would you on average people stayed on unemployment benefits for nineteen weeks that number reached a record high this month even with this great number that they're talking about.
Record high forty and a half weeks on unemployment it's doubled under this president's economic policies.
While these are some of the worst long.
Term unemployment numbers that we've seen in this country for decades and decades and and that's why as the president.
Enjoys -- Friday night in and weekend.
He's wishing.
That he had popularity numbers like Jimmy -- to -- that's how bad things are so for this president.
It's not good for our country to -- it true I'm the chairman of the Republican Party I care about the Republican part of but you know we have all me included.
Have reached a place -- not worried about the Republican Party -- that's not my concern that's not why I'm here we are literally worried.
About the future of this country we have in front of us the most predictable.
Economic.
Disaster facing America.
And all we need to do is work together and get it done in this presidential campaign -- for -- gonna have to leave it there would really appreciate you spending some time and follow the money.
You better.
