【聽新聞練聽力】Deciphering the jobs report
>>> we are joined tonight by cnbc's kelly evans formerly of "the wall street journal." when will we know that a corner has been turned. there are signs that just the corner has been turned because it wasn't the headline numbers and the report that was encouraging and there were details that pointed to it as well including the fact that the people went into the labor force and that did push up the unemployment rate and we held at 8.3%. it's still high, but there ares. signs.
>> we should check in this week on greece. a lot of guys in your line of work are watching it because of the blowback it could have here and elsewhere. we have a significant event today. greece has defaulted on its debt. investors are getting 15% of the money they thought they'd be making by holding their bonds and this is closer to the beginning than the end of this process. what happened with greece is a road map with what could happen with portugal. the market has been pretty calm. it wasn't necessarily a day of panic by any stretch, but it also is a reminder that greece is in a tough spot. it can't pay its bills and its economy shrank 7.5% for youth, in the 50% range and so how it means going forward seems to be a hurdle that is almost impossible to clear.
>> a lot of people call it unsustainable. kelly evans, thank you.