MORNING VIDEOS: Jobs in focus


Sen. John Kerry (D-Mass.) believes the U.S. is at risk of a double-dip recession. He said the United States is a contributor to the weak global economy, but blamed Europe for being the primary cause.

Kerry said the "real" problem is long-term structural debt, not short-term spending cuts.

"The debt deal that we just did is barely a scratch on the surface of what we need to do," Kerry said.

Visit msnbc.com for breaking news, world news, and news about the economy


Sen. Bernie Sanders (I-Vt.) said he "wouldn't hold his breath" for a spot on the soon-to-be-formed "supercommittee," but would like to serve.

Sanders predicted the supercommittee negotiations will end up revolving around how much defense spending is cut.

He felt confident that Republicans won't compromise on taxes. He told Senate Majority Leader Harry Reid (D-Nev.) not to appoint any Democrats who would consider cutting Social Security, Medicaid or Medicare.

"The best we can do now is hold the line."

Visit msnbc.com for breaking news, world news, and news about the economy


Transportation Secretary Ray LaHood praised Harry Reid, as well as President Obama, for their work in ending the Federal Aviation Administration stalemate. He said he is "thrilled" that FAA employees and construction workers will be able to go back to work.

LaHood also thanked Sens. Jay Rockefeller (D-W.Va.), Kay Bailey Hutchison (R-Texas) and Max Baucus (D-Mont.) for their help in ending the shutdown, but blamed Congress for creating the situation in the first place.


Presidential candidate and former Pennsylvania Sen. Rick Santorum (R) slammed Republicans for mishandling the debt-ceiling debate. He said the GOP should have maintained a stronger focus on a balanced-budget amendment.

When asked about swipes at Republicans, he said debt-ceiling legislation was a bad deal and should have focused on the balanced-budget amendment. He also blasted presidential candidates in Congress, saying they lacked leadership on the issue.

"They didn't do what needed to be done; we needed to balance the budget. We need to limit the size and scale of government. They kicked the can down the road," Santorum said.

Click here for the full Santorum interview.


PIMCO CEO Mohamed El-Erian said he is relieved that the jobs number was "relatively good." He said not to underestimate the importance of decent unemployment data.

"It's good to have been able to have paused this negative loop, but we need to reverse it, because a lot of damage was created yesterday."