Economy
3:00 pm
Sat June 4, 2011

Pressing The Reset Button On Our Economic Reality

With only 54,000 jobs added, May's employment numbers came in well below expectations, and the jobless rate ticked up slightly to 9.1 percent. Combined with a slipping stock market, a housing double dip and a drop in manufacturing numbers for the first time in 18 months, the slew of discouraging economic news puts President Obama on the hot seat just 18 months before the next election. Guest host Rachel Martin hears from Theresa Iacovo of Long Island, N.Y., who's had to reset her life since losing her job, Reuters finance blogger Felix Salmon and NPR White House correspondent Scott Horsley about the challenges the president and the country face.