Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
What Is Obama's Real Record On Jobs?
Posted
January 7, 2017
Views
93,172
Likes
1,695
Comments
701
Engagement
2.57%
January 7, 2017
93,172
1,695
701
2.57%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
7:52Now PlayingWhat will Obama’s legacy on jobs be? Ana Kasparian, Brett Erlich, and Aida Rodriguez, hosts of The Young Turks, discuss. Tell us what you think in the comment section below.
"The U.S. economy added 156,000 jobs in December and the unemployment rate increased slightly, to 4.7 percent from 4.6 percent in November, the Labor Department said on Friday. The number hired was lower than the consensus estimate of 178,000 forecast by analysts.
The U.S. economy added 2.16 million jobs in 2016 based on preliminary figures for the last two months of the year, which amounts to a decline from the 2.74 million of the previous year and the 3.02 million in 2015. Hiring tends to slow as the unemployment rate drops.
An unemployment rate below 5 percent is generally regarded by economists to be “full employment,” the point where the economy has reached an acceptable level of joblessness and where wages begin to rise. But the labor force participation rate for adults aged 25 to 54, which edged up slightly last month, is still hovering at lows unseen since the 1980s. This means there continues to be considerable slack in the labor market even as more people who gave up looking for work start to return to the labor market.
Average hourly wages ticked upward last month by 10 cents, to $26 and rose by 2.9 percent for the year. Four percent annual growth is considered to be a normal, healthy pace of growth. Wages have been stagnant for much of the postrecession recovery period but they gained some momentum last year as the jobless rate dropped and employers began to come under pressure to offer higher wages.”*
Read more here
Hosts: Ana Kasparian, Brett Erlich, Aida Rodriguez
Cast: Ana Kasparian, Brett Erlich, Aida Rodriguez
***
The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 68pm ET.
Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)
Download audio and video of the full two hour show ondemand + the membersonly post game show by becoming a member at Your membership supports the day to day operations and is vital for our continued success and growth.
Get The Young Turks Mobile App Today!
Download the iOS version here
Download the Android version here
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
