As we wait for the latest unemployment numbers to be released tomorrow, Peter Morici, a professor at the University of Maryland's business school, joins us with his forecast. We also talk to Jozen Cummings, who was an articles editor at the now-closed Vibe Magazine, about why he won't look for work in a different field, despite the challenge of working in a diminishing sector of the economy. We also speak with Wayne Cooper, a recently laid off pre-press printing technician from Clearwater, Florida, about the challenge of figuring out your next step.
Those numbers simply have to come down or Barack Obama's in a lot of trouble not just on restoring recovery but getting things like his health care policy through. It's becoming increasingly apparent that he's been focusing on the wrong ball --dividing up the pie instead of worrying about the fact that the pie is disappearing completely!
—Prof. Peter Morici on the unemployment numbers impact on economic recovery