Posted on 04/06/2015 3:29:39 PM PDT by 2ndDivisionVet
(VIDEO-AT-LINK)
BRET BAIER, ANCHOR: The new jobs report came out today, the White House -- it was not as good as expected, 126,000 jobs added, 5.5 percent unemployment rate, stays the same. The other numbers that we often look at, underemployment, it's down from 11 percent, 10.9 percent now.
But 8,575,000 people still unemployed and this is really interesting. The labor participation chart currently at 62.7 percent, that is not a good number.
We are going to start there in the Lightning Round. We are back with the panel – Charles?
CHARLES KRAUTHAMMER, SYNDICATED COLUMNIST: Look, you can look for complicated explanation. The obvious one is this is the weakest recovery since the Second World War. When you grow at 2 percent, you are not going to get -- improvement employment situation. And it looks as if the growth in the first quarter of the year is going to be 1 percent or less. But, thus, you get really lousy employment numbers.
BAIER: The White House has all kinds of explanations, weather, all kinds of stuff, but it's just not --
KRAUTHAMMER: It's snowed in winter, what a shock.
PACE: I think this is basically a big flashing yellow light for people who have been really excited about some of the really strong jobs reports that we have seen. This is a recovery that is still very much in process. And I think that the next few job reports are going to be very crucial to determining whether this is a blip or if this is actually where the economy is.
GEORGE WILL, SYNDICATED COLUMNIST: The 126,000 jobs is about the number you need to absorb the national growth rate of the labor force....
(Excerpt) Read more at foxnews.com ...
Just remember, Dr. Krauthammer is a Democrat who worked for President Carter and Vice President Mondale.
Weak recovery? What recovery? There is no recovery.
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