Will You Have a Job?

May 7, 2012

by Peter Schiff

The new jobs numbers are out and the unemployment rate fell to 8.1 percent. According to the US Bureau of Labor Statistics, in April 115,000 non-farm jobs were added, but at the same time 342,000 people left the labor force. In February the unemployment rate was 8.3 percent. At this rate will the US ever climb out of the jobs crisis? Peter Schiff, president of Euro Pacific Capital, joins us to take a closer look at the numbers. (9:07)

Peter Schiff is president of Euro Pacific Capital and author of The Little Book of Bull Moves in Bear Markets and Crash Proof: How to Profit from the Coming Economic Collapse. His latest book is How an Economy Grows and Why It Crashes.

The Best of Peter Schiff

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Peter Schiff is president of Euro Pacific Capital and Chairman of Euro Pacific Precious Metals. He is author of The Little Book of Bull Moves in Bear Markets and Crash Proof: How to Profit from the Coming Economic Collapse. His latest book is The Real Crash: America's Coming Bankruptcy, How to Save Yourself and Your Country.

Previous article by Peter Schiff: Gold and the 'Recovery'

Will You Have a Job?

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