CNN 2012-06-06

 And we are off in a running.A big thanks to the Mr V's class for helping 1 us to kick off our last week of the school year.I am Carl Azus.As you heard them say.Let's go ahead and get to some of today's headlines.

 
 
First up Syria's president says his government is the target of the international conspiracy 2.Many world leaders have accused Syrian government forces of carring out a massacre 3 against civilians 4 recently.But in the speech yesterday,Syrian president MOA said his governemnt forces had nothing to do with it.He said quote"even monsters do not do what we saw."OA blamed the violence on terrorists.
 
 
From the crisis in Syria we are heading to a country that went through a political revolution last year.We are talking about Egypt.For nearly thirty years that country was run a man named HM.The protests and uprising forced MBL out of power.He was put on trial for orderring of killing 5 protestors during that revolution.He said he did not even violate any laws.MBL who is wearing sunglasses here,was found guilty.Over the weekend he and one of his former official were sentenced to lighten prison.That decision lead to new protests.Some people were angery that MBL was not given the death penalty.Others were upset that six other former officials were clear of the same charges.MBL's lawyer said he is planning to appeal the verdict.
 
 
Today's shoutout goes out to Mr R's social study classes at Nobels Junior Senior high school in M,Alaska.Which part of the US government collects and releases the national unemployment rate.Here we go,is this the H... department,treasury department,labor 6 department or ....department.You have got three seconds go.Unemployment information is collected by the division of the labor department.That is your answer and that is your shoutout.
 
 
The bureau of labor statistics which is the part of the labor department,releases that unemployment information every month.Last Friday the agency put out the new numbers for May.Most analysts 7 agreed that the news is not good.The national unemployment rate went up from eight point one percent in April to eight point two in May.That is the first time that the rate has increased since last June.And the economy added jobs but only sixty nine thousand of them last month.One economist 8 had predicted that the number would be close to one hundred and fifty thousand.The news hit Wall Street hard.After the unempolyment rate came out,the stock market took a diving.Any games that had been made so far this year were all went down on Friday.All right when you are talking about something like the unemployment rate,this eight point two percent figure,you might be wonderring how the government comes out with these numbers.Tom F is gonna break down for us right now.
 
 
Like the economic hard PD,unemployment rate is one of the most closely watch indicators 9 of the country's financial health.So how exactly is it calculated?Out of more than three million hundred million people in the America.You take out the children,retair folks and others,The bureau of labor statistics says about half of us have jobs.and another thirty million so are unempolyed.That number does not come from the number of unemployment checks being issued as many people imagine,instead,every month since 1940,the federal government has condicted a survey of fifty to sixty thousand households,asking people about their income,their race,their education and what kind of jobs they do or do not hold.Everyone over 60 is classified in one of three ways.Employed meaning that person has a job.Unemployed 10 meaning he or she is available for work and looking for a job and can not find one.Or three out of the workforce 11 meaning this person is not seeking a work.The Feds then take them to math them from that sample,applied to the entire population and .....there is the unempolyment rate.But beyond that critics complain their basic floors in this system.For example,if you stop actively 12 seeking a work,you no longer considerred unemployed.that is a problem,because in a really bad economy a lot of folks might just give up looking for some period of time even though they still want jobs.That could artificial lower the unemployment rate even as actual unemployment is as bad or worse than ever.Another problem for the government is a job,a job,a job,a job,So some losses a hundred thousand dollars a year position and he is now fleeping burger from minimal 13 ways.He considerred just employed  what he is before.